ASIC supercharges stablecoin innovation push
New ASIC exemptions aim to propel Australia’s digital-asset sector forward, reducing compliance burdens for stablecoin and token distributors. ASIC has finalised new exemptions to support digital asset businesses in Australia, granting class relief for intermediaries involved in the secondary distribution of certain stablecoins and wrapped tokens. The corporate regulator said the measures will strengthen innovation and growth across Australia’s digital assets and payments sectors. The...
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