- Australia mandates financial licenses for crypto platforms
- Brings exchanges and custody providers under traditional regulation
- Establishes clearer rules for consumer protection and operations
Crypto firms brought under financial services regime
Australia has officially passed the “Corporations Amendment (Digital Assets Framework) Bill 2025,” requiring crypto platforms to obtain an Australian Financial Services Licence.
This means exchanges and custody providers will now be regulated similarly to traditional financial institutions, marking a major shift in how crypto businesses operate in the country.
Clearer standards for risk, custody, and disclosures
The framework introduces requirements for platforms to act efficiently, honestly, and fairly, while also enforcing strict disclosure rules around how customer assets are stored and managed.
It also establishes governance and risk management obligations, aiming to reduce platform failures and protect retail investors.
A step toward global competitiveness
Industry leaders see the law as a turning point, giving crypto firms regulatory clarity while strengthening Australia’s position in the global digital asset market.
However, key areas such as stablecoin regulation and banking access remain unresolved, meaning further reforms are expected.
