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Australia mandates licenses for crypto exchanges, custodians

Australia mandates licenses for crypto exchanges, custodians

Australia has passed legislation that regulates digital asset platforms and custodians to hold an Australian Financial Services License (AFSL), putting them on the same footing as regulated financial services firms.

Titled “Corporations Amendment (Digital Assets Framework) Bill 2025,” the legislation was passed by the Senate on Wednesday, meaning it has now been passed by both houses of parliament, after previously passing the House of Representatives in February.

The bill, Source link

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