Australia, parallel to it's upcoming crypto regulations framework, also plans to conduct a review into central bank digital currency (CBDC)

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Australia, parallel to it's upcoming crypto regulations framework, also plans to conduct a review into central bank digital currency (CBDC)

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12:00am, Friday, March 21, 2025

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While ruling out a retail CBDC for now, the government sees a wholesale CBDC version and tokenized settlement infrastructure as key to unlocking market efficiency and broader asset access.

There will also be a review into a central bank digital currency and an Enhanced Regulatory Sandbox in 2025, allowing businesses to test new financial products without needing a license.

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Crypto news