audm

🚀 Australia launches a new era for stablecoins!

Regulator ASIC has removed the main barrier for crypto companies: now exchanges and brokers do not need to obtain their own AFSL license to distribute stablecoins 🙌. It is enough for the token issuer to hold a license.

The first to enter the game was AUDM from Catena Digital 🪙. It can be distributed without unnecessary bureaucracy. The only condition is that intermediaries must provide users with PDS documents that outline all the risks and mechanics of the coin.

👉 Important: this is only a temporary relief. While the Treasury is forming permanent rules, ASIC is opening the market for experiments, but at the same time maintains high standards of transparency.

Why is this cool?
✨ Simple access for business
✨ New stablecoins will be able to enter the market faster
✨ Australia is getting even closer to the status of a crypto hub 🌏

CEO of Blockchain APAC Steve Wallis has already called this step a "practical solution".

Conclusion: Australia is not just regulating — it is truly paving the way for the development of the crypto economy 💡.
#AustraliaCrypto #asic #AUDM #CryptoNews #news $APT $LINK $AVAX
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