Australia has proposed new rules for cryptocurrency trading and custody platforms on October 15, 2026, with financial regulator ASIC seeking public feedback by November 27 before the country’s digital asset licensing framework takes effect in April 2027.
Summary
- Australia opened consultation on proposed crypto platform rules, with industry feedback due November 27, 2026.
- ASIC proposed three capital models, including an A$14 million threshold for certain platform operators without custody.
- New licensing applications open April 8, 2027, while existing operators receive an October 7 deadline.
- Proposed rules address customer asset custody, trading transparency, conflicts of…
