Australia’s ASIC explores stablecoins, wrapped tokens in new crypto framework

Oluwapelumi Adejumo

The Australian Securities and Investments Commission (ASIC) is inviting public feedback on proposed changes to its crypto regulation framework, as outlined in a Dec. 4 announcement. According to the statement: “ASIC’s position continues to be that many digital assets are financial products under the current law. [This feedback request] is aligned to and supportive of […]

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Australia’s ASIC explores stablecoins, wrapped tokens in new crypto framework