The Australian Securities and Investments Commission (ASIC) granted class relief for intermediaries distributing stablecoin issued by licensed Australian Financial Services (AFS) providers, exempting them from separate licensing requirements until June 2028. According to the press release, the first-of-its-kind relief allows distributors to operate without an Australian market, clearing and settlement facility, or additional AFS licenses when handling stablecoins from licensed issuers. Australia Moving T ...