Techub News reports that CoinDesk states that Australia has established a comprehensive digital asset regulatory framework for the first time through the "2025 Company Amendment (Digital Asset Framework) Act," requiring cryptocurrency exchanges and custody platforms in Australia to obtain an Australian Financial Services License within six months. The act adds two new regulated categories under the Corporations Act: digital asset platforms holding user crypto assets, and tokenized custody platforms that hold real-world assets and issue corresponding digital tokens. Both must apply for a financial services license from the Australian Securities and Investments Commission and comply with customer asset protection, disclosure, conduct standards, and dispute resolution requirements similar to brokers and fund managers.

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