Regulatory Alerts2025-07-10
Project Acacia: RBA and DFCRC Announce Industry Participants and ASIC Provides Regulatory Relief
The Reserve Bank of Australia and the Digital Finance Cooperative Research Centre have selected 24 industry participants for Project Acacia to explore tokenised asset markets using digital money and existing settlement infrastructure. The Australian Securities and Investments Commission is providing regulatory relief to streamline the testing of 19 pilot and 5 proof-of-concept use cases involving real and simulated transactions. This six-month testing phase, supported by multiple government bodies, aims to assess innovations like wholesale CBDC and stablecoins to inform future Australian financial market efficiency.
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