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BITS OF BLOCKS
BLOCKCHAIN, LAW AND REGULATION
Steven Pettigrove, Partner, Piper Alderman
Michael Bacina, Partner, NXT Law
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Australia publishes draft stablecoin and payments legislation
The Australian Government has released exposure draft legislation  which will regulate stablecoins as a standalone financial product and make significant amendments to Australia's payments legislation. The proposed laws will apply financial services licensing obligations to stablecoin issuers and introduce bespoke reporting and compliance obligations carrying hefty civil and criminal penalties for non-compliance. Assistant Treasurer and Minister for Financial Services, Daniel
Oct 203 min read


ASIC Corporate Plan backs tokenisation work
The Australian Securities and Investments Commission ( ASIC ) has released its 2025–26 Corporate Plan, which outlines its strategic...
Aug 272 min read


Hong Kong takes LEAP in race for digital asset leadership
On 26 June 2025, the Hong Kong Government released a second Policy Statement on digital assets ( DA ) building on their initial...
Jul 43 min read


Open hearts, open minds: EU opens door global stablecoins
The European Commission is preparing to clarify that stablecoins issued by a firm with an EU licence may be treated as interchangeable...
Jun 262 min read


MiCA's stablecoin regime: what can Australia learn?
On 30 June 2024, the European Union's Markets in Crypto-Assets Regulation (MiCA) officially brought its stablecoin regime into effect...
Jul 12, 20244 min read
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