Australia's CBDC pilot project, Acacia, will enter the next phase of testing.

The Reserve Bank of Australia (RBA) has announced that its key project, "Project Acacia," is entering the next phase of testing to explore how crypto assets and central bank digital currencies can support the development of the country's wholesale tokenized asset market. The next phase will pilot 24 use cases, with participants including fintech companies and large banks. [Foresight News]