Australia's ASIC Reduces Compliance Requirements for Stablecoin Intermediaries
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
ASIC's Exemption for Stablecoin Intermediaries: The Australian Securities and Investments Commission (ASIC) has granted a unique exemption allowing stablecoin intermediaries to distribute licensed stablecoins without needing a separate financial services license, aimed at fostering growth in the digital assets sector.
Impact on Compliance and Innovation: This exemption enables crypto exchanges and intermediaries to reduce compliance costs while providing access to regulated stablecoins, with Catena Digital's AUDM being the first stablecoin to qualify under this new framework.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






