Australia's Senate Just Green-Lit Crypto Licensing — Why APAC's Largest Economy Is Betting on Existing Financial Law
Australia's A$4.3 trillion superannuation system already holds billions in crypto. Now the country's lawmakers want the rules to catch up. On March 16, 2026, the Senate Economics Legislation Committee formally endorsed the Corporations Amendment (Digital Assets Framework) Bill 2025, a move that would bring every major crypto exchange and custody provider under the same licensing regime that governs stockbrokers, fund managers, and financial advisors.
The message is clear: digital assets are financial products, and they should be regulated like ones.