TechFlame News – According to market sources, the Australian Securities and Investments Commission (ASIC) has announced a new classification exemption policy that expands licensing exemptions for intermediaries dealing with stablecoins and wrapped tokens. Under this policy, intermediaries distributing stablecoins and wrapped tokens issued by entities holding an Australian Financial Services (AFS) license are not required to obtain a separate license. Additionally, ASIC permits providers to hold digital assets in omnibus accounts, provided appropriate record-keeping and reconciliation procedures are in place. The new regulations also mandate that stablecoin issuers maintain reserves equal to or greater than the total circulating token supply and publish regular financial reports.