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ASIC Grants First Collective Exemption for Stablecoin Intermediaries

2025-09-18 14:00:00 3 hours ago CoinRank

CONTENT

Australia’s ASICMedia announced intermediaries distributing stablecoins issued by licensed AFS providers will be exempt from holding separate AFS, market, or clearing licenses.

This first-of-its-kind exemption aims to spur digital asset & payments innovation. Blockchain APAC CEO Steve Vallas called it a “pragmatic” step ahead of broader stablecoin reforms.

Source：Decrpt

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