Australias central bank advances Project Acacia to test CBDC and tokenized asset settlement
Odaily News The Reserve Bank of Australia (RBA) announced on Thursday that its key project Project Acacia is entering the next phase of testing, which will explore how crypto assets and central bank digital currencies (CBDCs) can support the development of the countrys wholesale tokenized asset market. The project plans to test 24 use cases in the next phase, with participants including fintech companies and major banks such as the Commonwealth Bank of Australia, ANZ Bank and Westpac Bank. The tests will cover a variety of settlement assets, including stablecoins, bank deposit tokens and pilot wholesale CBDCs. The Australian Securities and Investments Commission (ASIC) said it would provide regulatory easing to project participants to test tokenized asset transactions. The project is a joint initiative of the Reserve Bank of Australia and the Digital Finance Cooperative Research Center, and is an important part of the Australian governments fit for purpose digital asset framework. (The Block)
You may also like

How to capture the next Alpha in the narrative of predictive markets?

"Legal" Ponzi scheme? Unveiling the circular lending of Gemini exchange and its founder

The first stock of stablecoins, Circle, has officially launched the new public chain ARC points system, and the interactive guide is here

Oil prices are approaching a critical point. What will happen in mid-April?

The oil price is approaching a critical point, what will happen in mid-April?

Mechanism drives value, deflation leads the future: MIAU will officially launch on PancakeSwap on April 13

Zhou Hang, the founder of Yidao Yongche: Cryptocurrency has finally arrived at its time to shine

Who else cannot be distilled into skill?

Who else cannot be distilled into skill?

The huge shock in the South Korean cryptocurrency market: How should traders view it?

From "Kimchi Premium" to Bithumb's Rectification: An Interpretation of the Current Situation in the South Korean Crypto Market

How to Automate Your Workflow with AI (No Code Required)

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind

Is it still worth buying Circle on the callback?

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

Further Oracle Integration Reveals Polymarket's Ambitions

CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report

