- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
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
$200K Annual Salary Hiring, Predicting Market Will See Wall Street Players
Matrixdock releases latest semi-annual physical gold audit report, strengthening physical gold transparency practices
Bitchat Downloads Surge in Uganda as Government Implements Internet Shutdown Before Elections
Key Takeaways: Uganda’s government enforced an internet blackout ahead of elections, pushing citizens to download Bitchat, a decentralized…
Key Market Information Discrepancy on January 15th - A Must-See! | Alpha Morning Report
a16z Secures $15 Billion: Redefining Venture Capital Through Visionary Storytelling
Key Takeaways a16z Raises Capital: The firm has raised an astronomical $15 billion, marking a significant point in…
Today’s Trump Tariff Decision and Economic Data Releases
Key Takeaways The U.S. Supreme Court is set to rule on a significant Trump tariff case that could…
traders anticipate Fed May Accelerate Rate Cuts
Key Takeaways Traders are speculating that the Federal Reserve could implement an interest rate cut before May due…
80% of oil income settled in stablecoins, Venezuela makes USDT its second currency
After Stepping Down as Mayor of New York City, He Pivoted to Selling Cryptocurrency
Fed Interest Rate Cuts Expected to Be Delayed, Say Multiple Financial Institutions
Key Takeaways Several major financial institutions have adjusted their forecasts, predicting delays in the timing of Federal Reserve…
Most US debanking cases stem from government pressure, says report
Key Takeaways A report from the Cato Institute indicates that most debanking incidents in the US originate from…
South Korea to lift ban on corporate crypto investment: Report
Key Takeaways South Korea’s Financial Services Commission (FSC) is set to end a nine-year ban on corporate crypto…
Russia Targets Illegal Crypto Miners; India Advocates for CBDCs: A Global Overview
Key Takeaways Russia is intensifying efforts to regulate illegal cryptocurrency mining, proposing significant fines and penalties. India’s Reserve…
Crypto Rich Threaten to Depart California Amid New Tax Proposal
Key Takeaways Proposed California tax imposes a 5% assets tax on residents with over $1 billion, sparking debate…
Coinbase May Withdraw Support for CLARITY Act Amid Stablecoin Rewards Ban Debate
Key Takeaways Potential Withdrawal: Coinbase is considering withdrawing support for the CLARITY Act if it restricts stablecoin rewards.…
Crypto Crucial: Will Tax Threats Push California’s Wealthiest to Flee?
Crypto billionaires in California are contemplating relocation due to a proposed wealth tax targeting assets over $1 billion.…
Fed’s Powell Associates DOJ Probe with His Resistance to Trump’s Rate Demands
Key Takeaways Jerome Powell, the Chairman of the Federal Reserve, links a criminal investigation into the Federal Reserve’s…
Crypto Project Failures Hit Record in 2025 Amid Memecoin Turbulence
Key Takeaways Memecoin launchpads have saturated the crypto market in 2025, leading to an unprecedented number of token…
$200K Annual Salary Hiring, Predicting Market Will See Wall Street Players
Matrixdock releases latest semi-annual physical gold audit report, strengthening physical gold transparency practices
Bitchat Downloads Surge in Uganda as Government Implements Internet Shutdown Before Elections
Key Takeaways: Uganda’s government enforced an internet blackout ahead of elections, pushing citizens to download Bitchat, a decentralized…
Key Market Information Discrepancy on January 15th - A Must-See! | Alpha Morning Report
a16z Secures $15 Billion: Redefining Venture Capital Through Visionary Storytelling
Key Takeaways a16z Raises Capital: The firm has raised an astronomical $15 billion, marking a significant point in…
Today’s Trump Tariff Decision and Economic Data Releases
Key Takeaways The U.S. Supreme Court is set to rule on a significant Trump tariff case that could…
App