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Stablecoins still benched as Australia’s crypto licensing regime firms up — Capital Brief

Stablecoins still benched as Australia’s crypto licensing regime firms up — Capital Brief





Stablecoins still benched as Australia’s crypto licensing regime firms up — Capital Brief






















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ASIC is overseeing interim regulation of stablecoin issuance as bespoke oversight that would rope in the RBA and APRA could be at least a year away.

Wide adoption of stablecoins is unlikely before the introduction of bespoke licensing.
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A final review of a highly anticipated regime to bring crypto exchanges and digital wallets under the Australian Financial Services Licence (AFSL) is expected on Monday. But don’t expect it to…

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