Australia now classifies stablecoins and wrapped tokens as financial products under updated ASIC guidelines, requiring provider licenses. The Australian Securities and Investments Commission (ASIC) has released updated guidance confirming that stablecoins, wrapped tokens and similar digital assets are now classified as financial products. The changes apply under current financial laws, meaning providers must obtain appropriate … Continue reading Crypto News Today: Australia Qualifies Stablecoins and Wrapped Tokens as Financial Products