Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Australian Senate panel backs crypto regulat
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Australian Senate panel backs crypto regulat
Australian Senate panel backs crypto regulation framework
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
Australian Senate panel backs crypto regulation framework
The Senate Economics Legislation Committee said the proposed legislation will modernize digital assets regulatory framework.
By Omkar Godbole
Mar 16, 2026, 6:28 a.m.
Make us preferred on Google
Australia's senate committee backs crypto regulation framework. (Unsplash)
What to know:
- An Australian Senate committee has endorsed a bill that would bring cryptocurrency platforms and custody providers under the country’s existing financial services framework.
- The proposed Corporations Amendment (Digital Assets Framework) Bill 2025 would create a licensing and compliance regime for digital token managers by amending the Companies Act and the ASIC Act.
An Australian Senate committee has backed proposed legislation to integrate cryptocurrency platforms and custody providers into the country’s financial services framework.
The Senate Economics Legislation Committee said in a report published Monday that the proposed Corporations Amendment (Digital Assets Framework) Bill 2025 would modernize digital-asset oversight with traditional market safeguards to protect consumers.
The framework seeks to establish a licensing and compliance system for digital token managers by amending the Corporations Act 2001 and the Australian Securities and Investments Commission Act 2001.
The proposal targets firms that hold digital assets on behalf of customers, bringing them under existing financial services rules instead of attempting to regulate the underlying blockchain infrastructure. Should the measure become law, firms without an AFSL would be given six months to obtain the required authorization and comply with the new framework.
Crypto exchanges operating in Australia are already required to register with the country’s financial intelligence agency, the Australian Transaction Reports and Analysis Centre, as digital currency providers before offering exchange services.
Australia
More For You
XRP climbs 3% past $1.47 as breakout extends on broad bitcoin-led move
Volume jumped more than 250% during the move, with traders watching whether former resistance now turns into support.
What to know:
- XRP broke above a long-standing resistance around $1.426 after months of sideways trading, shifting short-term momentum in favor of buyers.
- The move, which lifted the token from about $1.41 to $1.47 on surging volume, comes as activity and tokenized real-world assets on the XRP Ledger continue to climb.
- Traders are watching whether XRP can hold support near $1.43–$1.44, with a sustained base there opening the door to a push toward $1.50–$1.55, while a drop back below $1.43 could send it toward $1.39–$1.40.
Read full story
Latest Crypto News
XRP climbs 3% past $1.47 as breakout extends on broad bitcoin-led move
Bitcoin briefly tops $74,000 as ether, sol, ada gains as much as 6% in Monday surge
Bitcoin's price trades above its 50-day average as bullish move gathers pace
Crypto trading firm Blockfills has filed for bankruptcy
The SEC and CFTC join hands: State of Crypto
Crypto’s age of hype is over, making way for the real infrastructure to be built
Top Stories
The math behind Strategy’s path to 1 million bitcoin by the end of 2026
AI developers may not be keen on crypto, but stablecoins are the secret to agentic finance, crypto insiders say
Wall Street pushes tokenized stocks, but institutions aren’t eager to trade them
Here is why Nasdaq and owner of NYSE are putting the $126 trillion equity market on blockchain
Visa is ready for AI agents. So is Coinbase. They're building very different internets
AI agents are quietly rewriting prediction market trading
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
One Of Frank Sinatra’s Most Famous Albums Is Back In The Spotlight
The post One Of Frank Sinatra’s Most Famous Albums Is Back In The Spotlight appeared on BitcoinEthereumNews.com. Frank Sinatra’s The World We Knew returns to the Jazz Albums and Traditional Jazz Albums charts, showing continued demand for his timeless music. Frank Sinatra performs on his TV special Frank Sinatra: A Man and his Music Bettmann Archive These days on the Billboard charts, Frank Sinatra’s music can always be found on the jazz-specific rankings. While the art he created when he was still working was pop at the time, and later classified as traditional pop, there is no such list for the latter format in America, and so his throwback projects and cuts appear on jazz lists instead. It’s on those charts where Sinatra rebounds this week, and one of his popular projects returns not to one, but two tallies at the same time, helping him increase the total amount of real estate he owns at the moment. Frank Sinatra’s The World We Knew Returns Sinatra’s The World We Knew is a top performer again, if only on the jazz lists. That set rebounds to No. 15 on the Traditional Jazz Albums chart and comes in at No. 20 on the all-encompassing Jazz Albums ranking after not appearing on either roster just last frame. The World We Knew’s All-Time Highs The World We Knew returns close to its all-time peak on both of those rosters. Sinatra’s classic has peaked at No. 11 on the Traditional Jazz Albums chart, just missing out on becoming another top 10 for the crooner. The set climbed all the way to No. 15 on the Jazz Albums tally and has now spent just under two months on the rosters. Frank Sinatra’s Album With Classic Hits Sinatra released The World We Knew in the summer of 1967. The title track, which on the album is actually known as “The World We Knew (Over and…
Share
BitcoinEthereumNews2025/09/18 00:02
Bitcoin treasury sell-off accelerates as Riot, Bhutan, and public companies exit positions
The post Bitcoin treasury sell-off accelerates as Riot, Bhutan, and public companies exit positions appeared on BitcoinEthereumNews.com. Those who rushed into bitcoin
Share
BitcoinEthereumNews2026/04/02 18:29
Solana price confirms bearish crossover following Drift exploit, will it crash?
Solana price fell nearly 9% following a major exploit on its Drift Protocol DeFi platform that drained nearly $300 million in digital assets. According to data
Share
Crypto.news2026/04/02 18:07
