TLDR

• Australia’s financial regulator will classify crypto assets based on their economic function rather than technology.
• ASIC said tokenized securities will fall under existing securities laws while stablecoins will follow payment services rules.
• The Digital Assets Framework Bill 2025 will require Digital Asset Platforms to obtain an Australian Financial Services Licence.
• Companies that breach the new rules could face penalties of up to 10% of annual turnover.
• Digital asset firms must register with AUSTRAC from March 31, 2026, and implement anti-money laundering programs.

Australia’s corporate regulator has set out a clear plan to regulate crypto under current financial laws. ASIC said it will classify digital assets…