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

2026-04-07 00:15:55

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ME News message, April 1 (UTC+8). On April 1, Australia officially passed the “2025 Corporate Amendments Act (Digital Asset Framework),” becoming the country’s first comprehensive regulatory legislation for digital assets. The bill requires crypto trading platforms and custody service providers (platforms that hold customers’ digital assets) to obtain an Australian Financial Services License, and to comply with existing financial services rules such as customer asset protection, standardized disclosures, preventing misleading conduct, and dispute resolution. It also newly adds two regulated categories: digital asset platforms and tokenized custody platforms. The transitional period for obtaining a license is 6 months. (Source: Foresight News)

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