[2025-07-10] The latest IT, economic, blockchain and coin news
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2025-07-10 | Curator: CryptoTerminal
Australia’s Tokenization Push Could Cement ‘Even Greater Financial Control’
Australia’s top financial watchdog has approved a select group of firms to pilot real-money transactions using central bank digital currency and stablecoins, marking the country’s most ambitious foray yet into tokenized finance. The Australian Securities and Investments Commission said Wednesday it would grant regulatory relief to 14 participants in Project Acacia, a joint effort between the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre aimed at testing how digit...