Australia has introduced the Corporations Amendment (Digital Assets Framework) Bill 2025, aiming to regulate digital asset platforms under the existing Corporations Act. Announced by the finance and financial services ministers, the bill seeks to bring crypto trading and custody services under the Australian Financial Services License (AFSL) system, with oversight by the Australian Securities and Investments Commission (ASIC). This initiative aligns with global trends in digital asset regulation and includes provisions for Countering the Financing of Terrorism.
Australia Unveils Digital Assets Bill to Regulate Crypto Platforms
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