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    1. coinfeeds-bot on

      tldr; Australia has introduced the Corporations Amendment (Digital Assets Framework) Bill 2025 to regulate crypto exchanges and custody platforms. The bill establishes a comprehensive framework requiring platforms to hold an Australian Financial Services Licence and adhere to strict standards for safeguarding assets and executing trades. It aims to enhance consumer protection while fostering innovation by exempting low-risk operators. Industry experts acknowledge progress but highlight gaps and concerns about compliance costs and practical implementation.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    2. This is a good thing, but where does the “could unlock $24 billion in annual productivity gains” come from? I don’t understand that. Is that the amount they think is being taken by dodgy exchanges?

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