According to Wu Blockchain, the Australian Securities and Investments Commission (ASIC) announced on October 15 that Australia will implement a new digital asset regulatory framework starting April 8, 2027. This framework will bring digital asset trading platforms and tokenized custody platforms under financial services license regulation. Relevant platforms will need to apply for or modify their Australian Financial Services (AFS) license and comply with regulatory requirements such as customer information disclosure, asset custody, transaction settlement, and net tangible assets. ASIC has released Consultation Paper 392 to seek feedback on specific implementation standards, with a deadline of November 27. ASIC stated that it has already received over 140 license applications related to digital asset financial services, more than 110 of which were submitted during the regulatory transition period from October 2025 to September 2026. https://www.(wublock123.com)/news/australia-crypto-exchanges-financial-licensing-new-law-apr-2025-70117