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Australia Looks To Bring Crypto Under Financial Services Framework With New Draft Legislation

Digital asset platforms (DAPs) and tokenized custody platforms (TCPs) will fall under the same bracket as other financial intermediaries.

The Australian treasury revealed a new draft proposal for crypto firms in the country, requiring them to hold licenses and be treated as financial products.
The proposal would require crypto firms … [+860 chars]

Source: CoinDesk | Published: 2025-09-25T05:17:02Z

Credit: CoinDesk

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