Author and Economist Paul Sheard says Australia is “heading towards” a Central Bank Digital Currency.
Mr Sheard told Sky News Australia that the technology is “unfolding in that direction”.
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“But Central Banks … have embraced the idea.
“Is it a good thing? Is it a bad thing? You know, I think it depends on how it’s handled.
“I think certainly … a lot of guardrails need to be put around this.”
