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AAP
AAP
Business
Marion Rae

EXPLAINED: Rba maintains open mind on digital money | Vintage Vibes

RBA Brad Jones Australia Reserve Bank
The Reserve Bank remains unconvinced Australia needs a form of digital currency. (Steven Saphore/AAP PHOTOS) (AAP)

The Reserve Bank will pilot a form of digital money next year but remains unconvinced that Australia needs it.

"Our project team is in the process of selecting a number of proposed eAUD use cases to take forward into the pilot phase early next year," Assistant Governor Brad Jones told a digital finance conference.

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