Australia tightens crypto rules to protect investors | Information Age
Consumers will be better protected under new crypto laws. Photo: Shutterstock
Australian cryptocurrency investors will gain new protections under draft laws requiring digital asset sellers to hold an Australian Financial Services Licence (AFSL).
Consultation on the new exposure draft of the Treasury Laws Amendment Bill 2025: Digital Asset, and Tokenised Custody, Platforms, which will run through 24 October, is the fourth step in Treasury’s ongoing work to identify the best regulatory regime for digital assets.
Previous consultations rejected a separate ‘digital asset’ category, recommending new rules fit within existing financial services law instead.
These new products – to be known as ‘digital asset…
