Crypto Asset Platform licensing (Treasury reforms 2024-2025)
Treasury scoping CASP regime for digital asset platforms.
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Who must comply
Crypto exchanges + custodians + brokers + DeFi (in scope TBC).
What triggers it
Operation of crypto asset platform.
When due
TBC — regulations expected 2025-2026.
Evidence required
TBC — likely AFSL + custody arrangements + risk management.
Max penalty
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Summary
Treasury October 2023 proposal paper + 2024-2025 consultation. CASP regime aims to regulate digital asset platforms via AFSL + custody requirements. Regulations + draft legislation expected late 2025 / 2026.
Enforced by
Topics
cryptofintech
Source: https://treasury.gov.au/consultation/c2023-471053. Rules Mate is not a law firm. Always verify against the live regulator source before acting.