Australia Must Move Fast on Real-World Assets, ASIC Executive Warns

TLDR: ASIC warns Australia risks missing global RWA adoption momentum. Private credit has surged over 500% to $200B in the past decade. Tokenization projects like Project Acacia and Project Guardian are underway. ASIC plans to relaunch its Innovation Hub to support fintech regulation. Australia’s financial regulator has issued a stark warning on the nation’s economic [...]

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