TechFlow News: On March 16, according to Decrypt, Australia’s Senate Economics Legislation Committee released a report endorsing the advancement of the Corporations Amendment (Digital Assets Framework) Bill 2025 through the legislative process. The bill proposes integrating digital asset platforms and tokenized custody services into Australia’s existing financial services regulatory framework, requiring relevant operators to hold an Australian Financial Services Licence (AFSL) and comply with asset safeguarding and retail client disclosure requirements. A six-month transition period will follow the bill’s enactment.
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