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

<p>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.</p><p>Full text:</p><ul><li><a href="https://www.rba.gov.au/speeches/2023/sp-ag-2023-10-16.html" target="_blank" rel="nofollow">A Tokenised Future for the Australian Financial System?

</a></li><li>tokenised money could help save billions of dollars
in costs in domestic financial markets</li><li>the RBA is studying whether
and how to launch a central bank digital currency</li><li>a key priority for the bank
was assessing how different forms of digital money and
infrastructure could support the development of tokenised asset
markets</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.