Australia Clears a Path for Stablecoin Distribution—No Further Licenses Required

Australia’s company watchdog on Thursday unveiled a category exemption letting licensed intermediaries distribute stablecoins issued by Australian monetary companies (AFS) licensees with out separate approvals. Class Reduction Lets Crypto Brokers Distribute Stablecoins Below One License The aid, revealed Sept. 18 by the Australian Securities and Investments Fee (ASIC), covers secondary distribution of stablecoins and removes the […]

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