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The Australian Treasury plans to include stablecoins in the draft crypto bill

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2024-06-13 11:20:44
The Australian Treasury plans to include stablecoins in the draft crypto bill. Representatives of the Australian Securities and Investments Commission said they have held meetings with regulators such as the Securities Exchange Commission to discuss the legal position of cryptocurrencies.
The Australian Treasury plans to release draft legislation covering licensing and custody rules for cryptoasset providers by the end of 2024, which could include a regulatory framework for stablecoins.
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