Australia’s $24B Crypto Gamble: Miracle or Market Mayhem?

The Corporations Amendment (Digital Assets Framework) Bill 2025, freshly passed, demands little short of a miracle: all centralized exchanges and tokenized custodians must now carry an Australian Financial Services Licence (AFSL). ASIC will watch them as closely as a governess with a suspicious eye, monitoring custody, disclosures, and the many risks that once turned coins into smoke.


