Australia's digital asset sector enters a defining regulatory phase as Treasury's draft legislation mandates Australian Financial Services Licence requirements for cryptocurrency platforms. Released on September 25, 2025, the proposed framework extends existing financial services laws to cover Digital Asset Platforms and Tokenised Custody Platforms, bringing operators under direct oversight by the Australian Securities and Investments Commission. Understanding price metrics like ethereum price aud, currently trading around $5,800 AUD based on October 2025 valuations, becomes increasingly important as regulatory clarity transforms market transparency and establishes standardized consumer protections across the sector.​

The draft legislation introduces Digital Asset Platforms and Tokenised Custody Platforms as new financial product categories within the Corporations Act 2001. Entities providing specified services related to these platforms must obtain an AFSL, subjecting them to licensing obligations, governance standards, and consumer protection requirements consistent with traditional financial service providers. Assistant Treasurer Daniel Mulino emphasized that the reforms extend existing financial services laws in a targeted manner rather than creating entirely new regulatory architecture.​

Platforms transacting more than $10 million annually and holding over $5,000 per customer fall within the licensing........

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