On April 1, Australia officially passed the 'Corporations Amendment (Digital Assets Framework) Bill 2025', becoming the country's first comprehensive legislation for the regulation of digital assets. The bill requires cryptocurrency exchanges and custody platforms to apply for a financial services license from the Australian Securities and Investments Commission (ASIC) and to achieve compliance within six months. The new law establishes two categories of regulated entities: 'digital asset platforms' and 'tokenized custody platforms', which are subject to the same core rules as brokers and fund managers regarding client asset protection, information disclosure, and dispute resolution, aimed at preventing risks such as the misuse and misappropriation of client assets. Research institutions estimate that Australia could generate up to AUD 24 billion annually from the tokenized market, payments, and digital assets, accounting for about 1% of GDP; without a regulatory framework, this figure could drop to only about AUD 1 billion by 2030.