Australia Tightens Crypto Rules with New Licensing Bill
TLDR
- Crypto platforms must now be licensed to meet strict financial standards.
- New bill aligns digital assets with existing property, tax, and consumer laws.
- Firms must act fairly and protect customer assets under ASIC oversight.
- Small operators exempt to encourage early-stage innovation and growth.
- Australia joins global leaders in shaping responsible crypto regulation.
Australia has moved to tighten Crypto Regulation by introducing a new licensing framework for digital asset platforms. The Treasury presented the Corporations Amendment (Digital Assets Framework) Bill 2025 to Parliament to expand financial oversight. The bill aims to align the fast-growing crypto sector with existing financial service standards.
The…
