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

Licensing, custody, and market-conduct rules for platforms where people trade digital assets, shaped by collapses like FTX and jurisdictional disputes between regulators.

Rules for who may hold digital assets on behalf of others and how, covering qualified custodians, banking charters, and the accounting treatment of custodied crypto.