Australia passes its first cryptocurrency regulation law, requiring trading platforms to obtain a service license within 6 months.

2026-04-07 08:47:10

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ME News message, on April 1 (UTC+8), Australia officially passed the “2025 Corporations Amendment (Digital Asset Framework) Act” on April 1, becoming the country’s first comprehensive digital asset regulatory legislation. The bill requires crypto exchanges and custody service providers (platforms holding clients’ digital assets) to obtain an Australian Financial Services License and comply with existing financial services rules such as customer asset protection, standardized disclosure, prevention of misleading conduct, and dispute resolution. At the same time, it adds two new regulated categories: digital asset platforms and tokenized custody platforms. The transition period for obtaining a license is 6 months. (Source: Foresight News)

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