Australia's ASIC to launch digital and tokenized asset custody regime in April 2027
- —ASIC plans to launch the new custody regime in April 2027
- —Platforms holding digital and tokenized assets will fall under the framework
- —The regulator will publish consultations, guidance and draft rules
- —ASIC will keep monitoring market integrity and risk management
Why it matters: Australia is building one of the first comprehensive oversight regimes for tokenized-asset custodians, setting a precedent for other jurisdictions.
Source: PANews