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
—
Who must comply with this? The applicability test by industry, business structure and size.
Summary
Treasury continuing payments licensing reform — payment stablecoin regulation under PSP regime + ADI carve-outs in scoping. Regulations expected 2025-2026.
Enforced by
Industries
Topics
cryptopaymentsfintech
Related
- CWLTHPayment Service Provider (PSP) licensing reform — implementation pendingTreasury reform of payments licensing to capture digital wallets + Buy Now Pay Later + stored value.
- CWLTHCrypto Asset Secondary Service Provider (CASSPr) licensing reformsTreasury consultation 2024 on bespoke crypto licensing — separate from AFSL.
- CWLTHCrypto Asset Platform licensing (Treasury reforms 2024-2025)Treasury scoping CASP regime for digital asset platforms.
- CWLTHComply with Stored Value Facility rules (banking exception)SVF providers must operate within APRA + Treasury rules on purchased payment facility regulation.
- CWLTHCrypto-Asset Reporting Framework (CARF) — implementation 2026-2027AU adopts the OECD CARF for crypto reporting; reporting expected from 2027, first international exchange ~2028 (per Dec 2025 MYEFO).
- CWLTHComply with the ePayments CodeVoluntary but industry-standard code covering electronic transaction terms, mistaken internet payments, and unauthorised transactions.
Frequently asked questions
- Who must comply with Stablecoin payments licensing — Treasury reforms (in scoping)?
- Stablecoin issuers + payment service providers.
- What triggers Stablecoin payments licensing — Treasury reforms (in scoping)?
- Issuance or facilitation of stablecoin payment.
- When is Stablecoin payments licensing — Treasury reforms (in scoping) due?
- TBC — regulations expected 2025-2026.
- What evidence is required for Stablecoin payments licensing — Treasury reforms (in scoping)?
- TBC — likely AFSL + AML/CTF + custody arrangements.
Source: https://treasury.gov.au/consultation. Rules Mate is not a law firm. Always verify against the live regulator source before acting.