New Australian Rules to Make Stablecoins Easier to Buy on Exchanges
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Australians may soon find it easier to access stablecoins on major crypto platforms due to a new regulatory exemption.
ASIC has announced that licensed financial intermediaries, like the exchanges and brokers consumers already use, can now distribute stablecoins without needing a separate approval.
This change is designed to streamline the process for platforms to offer these dollar-pegged digital assets. Crucially, consumer protections remain intact; platforms must provide a formal Product Disclosure Statement for retail clients, ensuring they understand the product.
This move is a key step in shaping Australia’s crypto framework, making stablecoins more accessible while prioritizing investor safety.
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