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Technology
Australia Takes Bold Step into Digital Future with Major CBDC and Stablecoin Trial
The Reserve Bank of Australia launches Phase Two of Project Acacia, a groundbreaking trial combining CBDC, stablecoins, and bank deposit tokens. This ambitious initiative brings together major banks, fintech companies, and blockchain platforms in a coordinated effort to modernize Australia's financial infrastructure.
CBDC
digital currency
financial innovation
+5
Technology
Tech Entrepreneur Palmer Luckey's New Digital Bank Targets $2B Valuation Amid Crypto Surge
Tech entrepreneur Palmer Luckey's latest venture, digital bank Erebor, is set to raise $225 million at a $2 billion valuation. The startup aims to bridge traditional banking with cryptocurrency services, backed by prominent Silicon Valley investors.
digital banking
cryptocurrency
fintech
+4