Stablecoin payments licensing — Treasury reforms (in scoping)

Treasury reforms scoping payment stablecoin licensing under PSP regime.

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Who must comply

Stablecoin issuers + payment service providers.

What triggers it

Issuance or facilitation of stablecoin payment.

When due

TBC — regulations expected 2025-2026.

Evidence required

TBC — likely AFSL + AML/CTF + custody arrangements.

Max penalty

Summary

Treasury continuing payments licensing reform — payment stablecoin regulation under PSP regime + ADI carve-outs in scoping. Regulations expected 2025-2026.

Enforced by

Topics

cryptopaymentsfintech

Source: https://treasury.gov.au/consultation/c2023-466856. Rules Mate is not a law firm. Always verify against the live regulator source before acting.