TechFlow News, January 27: According to a report by Decrypt, the Australian Securities and Investments Commission (ASIC) has identified the regulatory gap in cryptocurrency as a key risk for 2026 in its latest “Key Issues Outlook.” To address this challenge, the Australian government is advancing the *Corporations Amendment (Digital Asset Framework) Bill 2025*, which will require cryptocurrency trading and custody platforms to hold an Australian Financial Services Licence (AFSL).
Joe Longo, ASIC Chair, stated that some firms are deliberately circumventing existing regulations, thereby exacerbating regulatory uncertainty. Industry experts are calling for clearer licensing boundaries and an expanded regulatory sandbox to strike a balance between innovation and consumer protection. The government estimates that a robust digital asset regulatory framework could deliver $24 billion annually in productivity gains for Australia.
