BlockBeats news: On January 27, according to Decrypt, Australia's Securities and Investments Commission (ASIC) released an "Outlook on Key Issues," listing the regulatory gap in cryptocurrencies as a significant risk by 2026. The Australian government is advancing the "Corporations Amendment (Digital Assets Framework) Bill 2025," which will require cryptocurrency trading and custody platforms to hold an Australian Financial Services License (AFSL).
ASIC Chairman Joe Longo stated that some companies deliberately avoid existing regulations, exacerbating regulatory uncertainty. Industry experts are calling for clearer licensing boundaries and an expanded regulatory sandbox to balance innovation with consumer protection. According to the Australian government's estimates, a well-developed digital asset regulatory framework could potentially boost Australia's productivity by $24 billion annually.
