Gate News Report, March 25 — The Reserve Bank of Australia (RBA) Assistant Governor Brad Jones stated in a speech that the push for asset tokenization has shifted from “whether” to “how” to implement. Research from Project Acacia shows that tokenization technology can bring approximately $16.7 billion in efficiency gains to the Australian economy annually. Jones pointed out that stablecoins and bank deposit tokens can play complementary roles; the former is suitable for small emerging tokenization markets, while the latter, supported by prudent regulation and central bank liquidity, will play a more significant role in larger markets. The RBA also announced plans to establish a digital financial market infrastructure sandbox, form a regulatory-industry tokenization advisory group, and expand the deposit token working group to promote cross-bank interoperability.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
