The federal government hopes to receive the necessary feedback to implement a smooth and orderly transition to alternative forms of payment.
A tokenised currency would boost market efficiency, the RBA assistant governor said.
Job vacancies were found to have increased by 235 percent between May 2020 and May 2023,
“Between January and November 2024, we’ll be phasing out our cash and cheque services across all our banking and wealth management products,” the bank said.
The federal government hopes to receive the necessary feedback to implement a smooth and orderly transition to alternative forms of payment.
A tokenised currency would boost market efficiency, the RBA assistant governor said.
Job vacancies were found to have increased by 235 percent between May 2020 and May 2023,
“Between January and November 2024, we’ll be phasing out our cash and cheque services across all our banking and wealth management products,” the bank said.