Home Cryptocurrency Australia’s ASIC cuts compliance burden for stablecoin intermediaries

Australia’s ASIC cuts compliance burden for stablecoin intermediaries

Stablecoin intermediaries in Australia have been allowed to distribute licensed stablecoins without having to hold a separate financial services license as per a “first-of-its-kind” special exemption granted by the Australian Securities and Investments Commission (ASIC). According to ASIC, the exemption…

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