Australias central bank advances Project Acacia to test CBDC and tokenized asset settlement

By: odaily.com|2025/07/10 16:51:35
0
Share
copy

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)

-- Price

--

You may also like

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

The prediction market is by no means a new casino in the cryptocurrency world, but rather a pricing engine for "event assets" that fills a 400-year gap in financial history: an article that reveals how it will reshape the logic of wealth in the next decade.

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

Internal related-party transactions and financial black holes have triggered a crisis of trust, and the valuation logic has completely collapsed in the secondary market.

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

Arc is an internal project of Circle. Although it has not publicly raised funds, Circle Ventures launched the Arc Builders Fund (amount undisclosed) to attract investments from over 30 top VC networks in ecological projects.

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

Time becomes the deciding factor, and the oil market will take three paths.

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

Time Becomes a Determining Factor as the Oil Market Takes Three Paths

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

MIAU provides a new value paradigm for the industry with its threefold advantages of "FunPlusWeb3 trendy IP ecosystem + mechanism consensus + relative deflation."

Popular coins

Latest Crypto News

Read more