The Financial Services Agency will conduct discussions on technology integration through the Study Group on Digital and Decentralized Finance and the Study Group on Promoting the Sound Use of AI.

Overview Debates Related claims Topics Sources

ASIC's custody rules proposed in Consultation Paper 392 require digital asset platforms to retain wallet structures and address records for seven years and report them quarterly to ASIC without disclosing private keys

ASIC's trading rules proposed in Consultation Paper 392 require digital asset platforms to maintain controls to detect and prevent market manipulation and take reasonable steps to ensure best execution for customer orders

ASIC's regulatory framework proposed in Consultation Paper 392 permits Australian platforms to use overseas custodians provided they disclose asset locations and cross-border risks to customers

Australia's new licensing regime under the Corporations Amendment (Digital Assets Framework) Act for digital asset platforms takes effect on April 8, 2027, with licence applications scheduled to open on the same day

Under one model proposed by ASIC in Consultation Paper 392 on October 15, 2026, platforms without qualifying third-party custody must hold at least A$14 million in net tangible assets or 10% of average revenue

Under capital rules proposed in ASIC's Consultation Paper 392, digital asset platforms meeting specified third-party custody conditions could qualify for a lower base capital requirement of A$200,000 alongside asset or revenue calculations

Under a third capital model proposed by ASIC, digital asset platforms face activity-based additions including A$500,000 for acting as agent, A$750,000 for running neutral venues, and A$1 million for principal trading

ASIC proposed in Consultation Paper 392 an alternative capital model with a A$7 million net tangible asset threshold for platform operators that do not hold underlying assets classified as financial products

Under ASIC's proposed standards, platforms face restrictions on trading for their own accounts as principal and are prohibited from taking benefits to give preferential treatment to specific tokens.

The Australian Securities and Investments Commission plans to review feedback on Consultation Paper 392 and publish final standards and guidance for digital asset platforms in March 2027.

The Australian Securities and Investments Commission has received over 140 applications from businesses seeking authorization to provide digital asset-related financial services.

Under the Corporations Amendment (Digital Assets Framework) Act 2026, which received Royal Assent on April 8, 2026, covered digital asset platforms must obtain an Australian financial services licence.

Existing Australian digital asset platform operators have until October 7, 2027, to apply for or vary an Australian financial services licence while continuing operations during regulatory review.

The SEC's temporary Innovation Exemption framework, introduced in September 2026, sets requirements for eligible Tokenized Securities Venues covering public notice, transaction transparency, recordkeeping, and technology safeguards

The United States, United Kingdom, and Canadian markets restricted from accessing Robinhood Stock Tokens on Robinhood Chain represent a large share of Robinhood's existing customer base

Robinhood Stock Tokens on Robinhood Chain are available across more than 120 jurisdictions globally, but restricted in the United States, United Kingdom, and Canada

Russia's digital currency law legalized cryptocurrencies and related activities while limiting investment, storage, and trading to regulated local infrastructure overseen by the Bank of Russia

Russian President Vladimir Putin signed the "On digital currencies and digital rights" digital currency bill into law in August 2026 following parliamentary passage in July 2026, taking effect on September 1, 2026

Tether issues USDT, the largest dollar-pegged stablecoin, placing its business directly under the regulatory oversight established by the GENIUS Act

Bo Hines served as executive director of the White House digital assets council from January to August 2025