Australia’s proposed law will license digital asset platforms under ASIC, aiming to strengthen consumer protection and increase trust in local crypto markets.
Australia’s government has introduced legislation to license digital asset platforms under the Australian Securities and Investments Commission, marking a major step toward comprehensive regulation of the sector. Tabled in Parliament on November 27, 2025, the bill is designed to safeguard consumers and enhance confidence in domestic crypto markets. The framework covers platforms offering custody or trading services, requiring compliance with stricter oversight and security standards.