{"id":172198,"date":"2025-09-25T09:00:36","date_gmt":"2025-09-25T06:00:36","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=172198"},"modified":"2025-09-25T09:03:29","modified_gmt":"2025-09-25T06:03:29","slug":"australia-outlines-licensing-push-for-crypto-service-providers","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/australia-outlines-licensing-push-for-crypto-service-providers\/","title":{"rendered":"Australia Outlines Licensing Push for Crypto Service Providers"},"content":{"rendered":"
The Treasury announced that the proposal would fold digital asset platforms and tokenized custody services into the Corporations Act 2001, effectively classifying them as financial products.<\/p>\n
That shift would mean firms must hold an Australian financial services license, meeting the same obligations as portfolio managers and other intermediaries.<\/p>\n
Officials explained that the move is not about regulating crypto assets themselves, but about holding accountable the businesses that manage them. High-profile failures of exchanges, some impacting Australian users, highlighted the need for stronger protections.<\/p>\n