Australia2026.10.15BlockTempo

Australia's ASIC Releases Draft Rules for Crypto Trading Platforms: A$14 Million Capital Threshold, Effective April 2027

• ASIC's draft framework requires crypto trading platforms to hold a minimum of A$14 million in capital.
• The rules also establish standards for asset custody and trading practices, in addition to the capital threshold.
• Public consultation runs through November, with the framework set to come into force in April 2027.