Multiple banks are actively contemplating the idea of creating their own digital currencies. Surprisingly enough, Australia is one of the places where such efforts may take off sooner rather than later. A digital dollar makes some sense to the Australian fintech sector, although it remains to be seen if this venture will be officially pursued in the end. Australian Fintech Startups Unveil Bold Plan In most cases, one would expect a country’s central bank to unveil plans for a national digital currency. After all, that is how these proposals have arisen in the US, the UK, and Russia. However, Australia is a very different place in
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Australian Fintech Startups Want a Central Bank Digital Currency
