Australia Cleas Path for Stablecoins: Here’s What It Means for Crypto Distribution

TLDR: ASIC grants class relief for intermediaries handling licensed stablecoins, reducing the need for separate AFS licences. Exemption covers distribution, market, and clearing licences but still requires issuers to hold an AFS licence. Guidance updates to INFO 225 will add examples for stablecoins, meme coins, and wrapped tokens under financial laws. ASIC says it will [...]

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