Project Acacia has now tested how tokenized asset markets could settle in Australia. The Reserve Bank of Australia and Digital Finance Cooperative Research Centre released findings from Project Acacia, a wholesale experiment that moved digital money and tokenization from policy theory into market plumbing. The project tested 20 wholesale tokenized asset market use cases across […]

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Washington has spent years talking about a US CBDC as a distant possibility. It was an abstract policy idea, safely contained inside white papers and partisan messaging. But then the Senate put a number on it and made it very real. On March 2, senators voted 84-6 to invoke cloture on the motion to proceed […]

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America may reject the name “CBDC” while still building the conditions for CBDC-like control through private dollar infrastructure. Washington has ruled out a retail Federal Reserve digital dollar in legal form. At the same time, the stablecoin regime now taking shape can normalize freeze, block, reject, and temporary hold functions across private dollar tokens and, […]

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