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RBA says tokenised money could help save billions in costs in domestic financial markets

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Reserve Bank of Australia Assistant Governor (Financial System) Brad Jones, spoke on the tokenisation of assets and money in the digital age to The Australian Financial Review Cryptocurrency Summit.

Full text:

  • A Tokenised Future for the Australian Financial System?
  • tokenised money could help save billions of dollars
    in costs in domestic financial markets
  • the RBA is studying whether
    and how to launch a central bank digital currency
  • a key priority for the bank
    was assessing how different forms of digital money and
    infrastructure could support the development of tokenised asset
    markets

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