Coins that are issued over a blockchain and are continuously pegged 1 to 1 with the underlying international fiat currency they are related to and deposited in a chartered Bank or a Digital Asset chartered Bank.
ASIC Exempts Stablecoin Distributors from Licensing Rules
The Australian Securities and Investments Commission (ASIC) has introduced licensing exemptions for intermediaries involved in the distribution of stablecoins issued by licensed entities. Under the newly published ASIC Corporations (Stablecoin Distribution Exemption) Instrument 2025/631, intermediaries […]
