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🇦🇺 BREAKING: Australia Passes First-Ever Crypto Regulation Law
The Corporations Amendment (Digital Assets Framework) Bill 2025 just cleared Parliament, A historic move for crypto in APAC.
🔹 Crypto exchanges & custodians must get AFSL (Australian Financial Services Licence)
🔹 Same rules as brokers & fund managers, client asset protection, disclosures, dispute resolution
🔹 Platforms under A$10M volume exempted
🔹 Bitcoin & Ethereum NOT classified as financial products
🔹 ~18 months for platforms to comply
Australia now joins EU (MiCA), Singapore & Hong Kong with a clear crypto framework, Unlocking an estimated A$24B digital finance opportunity.
Regulation → Confidence → Institutions → Liquidity.