Australia Streamlines Stablecoin Regulation, Exempting Intermediaries
The Australian Securities and Investments Commission (ASIC) has introduced a new regulatory framework that provides an exemption for stablecoin intermediaries, allowing them to distribute crypto issued by licensed Australian providers without needing a separate financial services license. This move, hailed as “pragmatic” by experts, is Australia’s first major step toward resolving regulatory uncertainty for stablecoins. … Read more