<ul data-eligibleForWebStory="false"><li>Australia is actively exploring digital currencies and tokenized assets through the 'Project Acacia' initiative in partnership with DFCRC.</li><li>The project involves 24 use cases testing CBDCs, stablecoins, and tokenized assets, with the participation of major banks and other financial organizations.</li><li>The RBA highlighted the importance of modernizing payment systems in the digital age and announced a partnership with ASIC in Project Acacia for tokenized asset settlement.</li><li>Australia also introduced new regulatory framework proposals to bring crypto exchanges under financial services laws for oversight and compliance.</li></ul>

Australia Unveils Plan To Test CBDCs, Stablecoins, Tokenized Assets

Discover more