Australian Central Bank expecting cost savings in tokenisation.

BANKING AND CREDIT NEWS-October 17, 2023--Australian Central Bank expecting cost savings in tokenisation

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Global Banking News - 17 October 2023

The Australian Central Bank (RBA) is expecting cost savings in tokenisation.

According to Reuters, the central bank said on Monday that tokenised money could help save billions of dollars in costs in domestic financial markets. The central bank's comments came as it is preparing...

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