Australian Senate panel endorses Digital Assets Framework Bill 2025 licensing rules

An Australian Senate committee has recommended passing the Corporations Amendment (Digital Assets Framework) Bill 2025, which would require crypto platforms to hold an Australian Financial Services Licence. The proposal would regulate intermediaries such as digital asset platforms and tokenized custody providers, and includes definitions, custody and execution rules, and retail disclosure requirements. The bill was introduced in November 2025 and cleared its third reading in the House of Representatives on Feb. 4 before moving to the Senate on Feb. 5.