The Corporations Amendment (Digital Assets Framework) Bill 2025 establishes clearer, enforceable rules for businesses holding digital assets on behalf of consumers, aligning them with the transparency, integrity and consumer-protection standards that govern the broader financial system. Central to the Bill is a detailed definition of key concepts such as ‘digital tokens’, ‘digital asset platforms’ and ‘tokenised custody platforms’, providing clarity on the activities captured within the regulatory perimeter. Operators of these platforms will be subject to licensing obligations, minimum standards and ASIC oversight. ... (full story)