Australia’s financial regulator has granted licensing exemptions for intermediaries distributing AFS-licensed stablecoins, starting with AUDM.
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 distributing a stablecoin issued by an Australian financial services (AFS) licensee are no longer required to hold their own AFS, market or clearing and settlement facility licenses.
“ASIC is committed to supporting responsible innovation in the rapidly evolving digital assets space, while ensuring important consumer protections are in place by having eligible stablecoins issued under an AFS licence,” the regulator said in a Thursday announcement.
