Australia’s Scams Prevention Framework has been law since early 2025. The movement now is at its edges, among the sectors it has not yet named.

The codes are out for consultation until 25 June, and the first measure consumers will actually see, ACMA’s SMS Sender ID Register, switches on on 1 July. The designation covers banking, telecommunications and digital platforms. Currently Forex and CFD brokers, payment firms and crypto venues sit outside it.

Crypto

Treasury has already named cryptocurrency wallets, with superannuation, among the sectors the framework can be extended to. The power to expand is in the Act, and the bank and platform codes being settled this month are the template a crypto code would inherit: governance and…