In brief
- Australia is progressing digital-asset licensing laws that would require crypto custody and trading platforms to hold an Australian Financial Services Licence.
- ASIC said some firms deliberately remain outside existing rules, heightening regulatory uncertainty and complicating enforcement.
- Industry experts said clearer licensing boundaries and expanded regulatory sandboxes could support innovation while improving consumer protections.
Australia’s primary corporate and financial services regulator has listed regulatory gaps around crypto firms as a key risk for this year.
In its Key Issues Outlook released Monday, the Australian Securities and Investments Commission said fast-growing crypto, payments, and AI players operating…
Jan 27 2026
