ASIC Eases Stablecoin Regulations, Boosts Australian Market
Update: 2025-12-11
Description
Australias financial regulator, ASIC, has simplified stablecoin and wrapped token regulations. Theyve removed licensing requirements for intermediaries, allowing them to use omnibus accounts for faster, cheaper transactions. This move encourages innovation and growth in the digital assets sector, with the stablecoin market reaching a record high of over $300 billion.
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