Crypto
RBA draws line between stablecoins and deposit tokens in tokenisation
The Reserve Bank of Australia has shifted from debating whether to adopt tokenisation to focusing on how to implement it, the Block reported. Deputy Governor Brad Jones presented results from Project Acacia, which reviewed 20 use cases for tokenised assets and tested four settlement methods. The RBA outlined distinct roles for stablecoins and deposit tokens and cited network effects, legal and regulatory uncertainty as key obstacles.
