Australia Enacts Digital Asset Framework Act, Establishing Rules for Crypto Platforms and Tokens

Australia has passed the Australia Digital Asset Framework Act, a new law that formally defines digital tokens and the platforms that issue, trade, hold, or otherwise handle them. The legislation is designed to replace regulatory ambiguity created by legacy financial laws that were not built for blockchain-based products. Rather than forcing all crypto firms into older regulatory categories, the Act introduces a tailored, activity-based model. Exchanges, token issuers, custodians, and other digital asset service providers will be assessed under rules aligned with their role in the market, with clearer expectations around licensing, consumer protections, and reporting. The Act also expands regulators' powers to supervise the sector, giving authorities broader tools to monitor platforms, address risks, and enforce standards. The move signals Australia's intent to integrate crypto into the financial system under defined oversight, while keeping space for industry growth. Cointelegraph reported the development on April 1, 2026, highlighting the Act's definitions for tokens and platforms, the shift to tailored financial rules, and the stronger supervisory mandate for regulators.