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

Australia’s corporate watchdog on Thursday unveiled a class exemption letting licensed intermediaries distribute stablecoins issued by Australian financial services (AFS) licensees without separate approvals. Class Relief Lets Crypto Brokers Distribute Stablecoins Under One License The relief, published Sept. 18 by the Australian Securities and Investments Commission (ASIC), covers secondary distribution of stablecoins and removes the […]