PANews reported on November 10 that according to Ledger Insights, the Reserve Bank of Australia (RBA) has started consultations with the Digital Finance Cooperative Research Center (DFCRC) on wholesale CBDC and asset tokenization. As part of the Acacia project, the Reserve Bank of Australia invites industry members to provide feedback and participate in trials of wholesale tokenization use cases in 2025, and may also join the industry advisory group. In addition to wholesale CBDC, the Acacia project will also explore the use of private forms of digital currency, including tokenized deposits.
Previously, the RBA and DFCRC’s CBDC experiments covered wholesale and retail CBDCs, where the CBDC was issued on infrastructure controlled by the central bank. In the latest trial, the central bank will consider issuing a pilot wCBDC on a third-party blockchain network, similar to Switzerland’s Project Helvetia.
