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

2026-04-07 10:30:10

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ME News message: On April 1 (UTC+8), Australia officially passed the 2025 Companies Amendment (Digital Assets Framework) Act on April 1, becoming the country’s first comprehensive digital asset regulatory legislation. The act requires crypto trading platforms and custody service providers (platforms that hold clients’ digital assets) to obtain an Australian Financial Services License and comply with existing financial service rules, including client 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 licensed transition period is 6 months. (Source: Foresight News)

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