Financial Products

ASIC Strengthens Regulation of Digital Assets with New Licensing Regime in Australia – cover image
ASIC Strengthens Regulation of Digital Assets with New Licensing Regime in Australia

ASIC is expanding its oversight of digital assets by introducing formal licensing for exchanges, custodians, and stablecoin issuers, aiming to protect Australian investors and clarify regulatory requirements under the Corporations Act 2001. This includes higher custody standards and a transitional period for compliance.