The post ASIC Eases Stablecoin and Wrapped Token Distribution in Australia With Class-Order Exemptions appeared on BitcoinEthereumNews.com. According to Cointelegraph’s report, the Australian Securities and Investments Commission ASIC has finalised class order exemptions to streamline the distribution of stablecoins and wrapped tokens, signaling a regulatory push to foster digital assets innovation within the payments sector. Under the measure, intermediaries may conduct secondary distributions in these markets without a separate license, provided they implement robust record-keeping and operate with aggregated trust accounts under the new framework. Moreover, the reforms extend prior relief by removing the need for a standalone Australian Financial Services (AFS) license to provide services linked to stablecoins or wrapped tokens, reinforcing a business-friendly approach while preserving compliance standards. Source: https://en.coinotag.com/breakingnews/asic-eases-stablecoin-and-wrapped-token-distribution-in-australia-with-class-order-exemptionsThe post ASIC Eases Stablecoin and Wrapped Token Distribution in Australia With Class-Order Exemptions appeared on BitcoinEthereumNews.com. According to Cointelegraph’s report, the Australian Securities and Investments Commission ASIC has finalised class order exemptions to streamline the distribution of stablecoins and wrapped tokens, signaling a regulatory push to foster digital assets innovation within the payments sector. Under the measure, intermediaries may conduct secondary distributions in these markets without a separate license, provided they implement robust record-keeping and operate with aggregated trust accounts under the new framework. Moreover, the reforms extend prior relief by removing the need for a standalone Australian Financial Services (AFS) license to provide services linked to stablecoins or wrapped tokens, reinforcing a business-friendly approach while preserving compliance standards. Source: https://en.coinotag.com/breakingnews/asic-eases-stablecoin-and-wrapped-token-distribution-in-australia-with-class-order-exemptions

ASIC Eases Stablecoin and Wrapped Token Distribution in Australia With Class-Order Exemptions

2025/12/11 14:58

According to Cointelegraph’s report, the Australian Securities and Investments Commission ASIC has finalised class order exemptions to streamline the distribution of stablecoins and wrapped tokens, signaling a regulatory push to foster digital assets innovation within the payments sector.

Under the measure, intermediaries may conduct secondary distributions in these markets without a separate license, provided they implement robust record-keeping and operate with aggregated trust accounts under the new framework.

Moreover, the reforms extend prior relief by removing the need for a standalone Australian Financial Services (AFS) license to provide services linked to stablecoins or wrapped tokens, reinforcing a business-friendly approach while preserving compliance standards.

Source: https://en.coinotag.com/breakingnews/asic-eases-stablecoin-and-wrapped-token-distribution-in-australia-with-class-order-exemptions

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