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

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.