[Australia ASIC Expands Regulatory Exemptions for Stablecoin Intermediaries] According to a report by Jinse Finance, the Australian Securities and Investments Commission (ASIC) has announced a new classification exemption policy, expanding the licensing exemptions for intermediaries dealing with stablecoins and wrapped tokens. This policy allows intermediaries to distribute stablecoins and wrapped tokens issued by issuers holding an Australian Financial Services (AFS) license without needing to apply for a separate license. At the same time, ASIC permits providers to hold digital assets in omnibus accounts under proper record-keeping and reconciliation procedures. The new regulations require stablecoin issuers to maintain reserves equal to or greater than the total amount of tokens in circulation and to regularly publish financial reports.