Australia Enacts Sweeping Crypto Regulatory Reforms in 2025

Australia has solidified its position as a crypto-friendly jurisdiction with the implementation of comprehensive regulatory reforms in 2025. The new framework introduces stringent licensing requirements for Digital Asset Platforms (DAPs), marking a shift from passive oversight to active regulation.

Treasurer Jim Chalmers confirmed the draft legislation will undergo public consultation in Q3 2025, with final rules expected shortly thereafter. The reforms emphasize consumer protection and transparency, specifically targeting misleading conduct in the crypto sector.

The regulatory changes come as Australia continues to foster blockchain innovation while ensuring market integrity. April 2025 saw the introduction of mandatory licensing for DAPs, creating clearer operational guidelines for crypto businesses.