9h ago
RBA Says Tokenization Could Cut Australia's Annual Costs by $16.7B, Launches DFMI Sandbox
On March 25, the Reserve Bank of Australia said the country is moving past experimentation toward real-world deployment of tokenized assets and wholesale digital currencies. It also presented Project Acacia research estimating tokenized money and assets could save about $16.7 billion (AU$24 billion) a year by reducing manual work, settlement delays, and capital costs. The RBA also announced a long-term DFMI sandbox for banks and fintechs to test tokenized products under supervision while highlighting risks such as liquidity fragmentation and platform incompatibility.
BTC
BTC-2.37%
9h ago
19h ago
Bitcoin Tops $72,000 on March 25 Amid Reports of a U.S. 15-Point Iran Ceasefire Plan
Bitcoin moved above $72,000 on March 25 as broader markets turned higher amid optimism tied to reports of the Trump administration's proposed 15-point peace plan involving Iran. The price reached an intraday high of $72,026 by 7:30 a.m. EST before easing to trade around $71,000. The move coincided with gains in major equity indices and a brief dip in WTI crude below $90 per barrel.
BTC
BTC-2.37%
19h ago
1d atrás
Everything Co-Founder Jean Rausis Says DeFi Can Close TradFi Gap With Unified Liquidity
Everything co-founder Jean Rausis says DeFi can narrow the efficiency gap with traditional finance by improving protocol design rather than lowering collateral ratios. He points to unified, multi-use liquidity pools and TWAP-based on-chain pricing as ways to boost capital efficiency and reduce oracle-driven liquidation cascades. He also says Everything chose a public dynamic funding round so the community can participate in swapping, lending, and margin trading from day one.
BTC
BTC-2.37%
1d atrás
1d atrás
CLARITY Act Talks on March 23 Target Stablecoin Rewards Compromise, Expert Cites MiCA Risk
Digital asset industry representatives met with the U.S. Senate Banking Committee on March 23 to review a White House-backed compromise led by Sens. Thom Tillis and Angela Alsobrooks focused on stablecoin rewards. The proposal would likely ban yield earned from merely holding idle stablecoin balances while allowing rewards tied to uses like payments, transfers, or active platform engagement. Senators also signaled a tight timeline, with an April markup target and warnings that missing a May Senate-floor window could stall the bill.
BTC
BTC-2.37%
1d atrás