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Australia has approved its first comprehensive digital asset framework, requiring crypto exchanges and custody providers to obtain financial services licenses, bringing the sector under the country’s core financial regulations.
The Corporations Amendment (Digital Assets Framework) Bill 2025 cleared both houses of Parliament on April 1, marking a major shift in how digital assets are regulated.
The legislation integrates crypto platforms into the existing Australian Financial Services Licence (AFSL) regime, placing them under the same standards that govern brokers and fund managers.
The law introduces two new regulated categories under the Corporations Act. Digital asset platforms…
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