Based on Crypto.News, Australia's government tabled the Corporations Amendment (Digital Assets Framework) Bill 2025 in Parliament on Nov. 27, 2025, requiring most digital asset and tokenized custody platforms to obtain an Australian Financial Services Licence (AFSL) and comply with ASIC oversight. The bill introduces tailored licensing thresholds, exempting platforms with less than $5,000 per customer and under $10 million in annual transactions, while aligning larger operators with traditional financial regulations. Officials stated the framework aims to reduce risks from past exchange failures and attract domestic and global crypto businesses.
Australia Introduces Bill to Regulate Crypto Platforms Under ASIC
OdailyShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.