TheBitCast

Australia’s New Crypto Rules Could Push Smaller Platforms Out

Podcast: Learn Crypto Podcast · Pete Bui

Opublikowano: 2026-10-16

Australia’s crypto industry is moving into a stricter regulatory phase. ASIC Consultation Paper 392 sets out proposed guidance and standards for digital asset platforms and tokenised custody platforms ahead of the new regime commencing in April 2027, covering licensing, client assets, trading, settlement and financial requirements. Peter speaks with Michael from StormRake about what the consultation means for exchanges, brokers and everyday Australian crypto users. They unpack AFSL applications, the cost of compliance, the gap between more than 300 AUSTRAC-registered entities and roughly 140 licence applicants, and whether smaller operators may leave the market. The discussion also covers bank re...