Australia Advances Digital Asset Regulation with New Licensing Framework

Australia is making significant strides in regulating its cryptocurrency sector by proposing a framework for licensing digital asset exchanges under the national financial services framework.

The Corporations Amendment Digital Assets Framework Bill 2025 has been recommended for passage by the Senate Economics Legislation Committee, signaling Australia's move towards a formal licensing regime for digital asset operators. This development marks a significant step forward in establishing clear regulations for the sector and addressing concerns from industry groups about the impact of the proposed framework on blockchain infrastructure providers.