Policy Event Β· High impact

Australian Senate Committee Backs Digital Assets Framework Bill 2025

The Senate Economics Legislation Committee has backed proposed legislation to integrate cryptocurrency platforms and custody providers into Australia financial services framework. The Corporations Amendment (Digital Assets Framework) Bill 2025 would require firms holding digital assets on behalf of customers to obtain AFSL within 6 months if passed.

High impactπŸ‡¦πŸ‡Ί AustraliaRegulationLicensingCustodyBTCETHUSDTUSDCASIC

APAC FINSTAB analysis

For APAC operators, this creates a high-impact signal around regulation, licensing, custody in Australia. Protocols/assets in scope: BTC, ETH, USDT, USDC. Named institutions or platforms: ASIC. Teams should monitor the original source, map the change to licensing, custody, disclosure, and market-access obligations, and update their jurisdiction playbooks before the next compliance review.

Compliance read-through: map this event to entity licensing, market-access, custody, disclosure, token listing, and operational-risk obligations before expanding or marketing in the affected jurisdiction.

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