Australia passes its first crypto regulation law, requiring exchanges to obtain a financial services license within six months.

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Deep Tide TechFlow message, April 1, according to CoinDesk, Australia formally passed the “2025 Company Amendments (Digital Asset Framework) Act” on April 1, becoming the country’s first comprehensive digital asset regulatory legislation. The Act requires crypto exchanges and custody platforms to apply to the Australian Securities and Investments Commission (ASIC) for financial services licenses and to complete compliance within six months. The new law creates two types of regulated entities: “digital asset platforms” and “tokenized custody platforms.” It applies the same core rules as those for brokers and fund managers, including client-asset protection, information disclosure, and dispute resolution, with the aim of preventing risks such as the commingling and misappropriation of client assets.

Research institutions estimate that Australia could earn up to A$24 billion per year from the tokenized market, payments, and the digital asset sector—about 1% of GDP. If there were no regulatory framework, this figure would be only about A$1 billion by 2030.

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