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Australia Senate panel backs 2025 Digital Assets Framework Bill, AFSL licensing
On 16 March 2026, Australia moved closer to a nationwide crypto rulebook after the Senate Economics Legislation Committee recommended passing the Corporations Amendment (Digital Assets Framework) Bill 2025. The proposal would bring crypto exchanges and tokenised custody platforms into the existing financial services licensing system, including AFSL requirements and operational standards. Exemptions would apply to platforms under A$10 million in annual transaction volume, and the regime is expected to be in place by June 30, 2026.