Regulating Digital Asset Platforms

Introducing the first series of Hatchstone Nuggets, where we aim to provide bite-sized, easily digestible information for everyone! Whether you’re a seasoned investor or just starting out, our nuggets are designed to keep you informed and up-to-date with the latest trends, tips, and insights in the world of investment, finance, and beyond.

Did you know?

The government plans to introduce a regulatory framework that would apply to digital asset platforms. This initiative is a significant step towards enhancing the security and transparency of the rapidly evolving crypto market.

Under the proposed framework, crypto exchanges holding more than $5 million in aggregate, or more than $1500 for any individual, will be required to obtain an Australian Financial Services Licence (AFSL).

Stay tuned for more Hatchstone Nuggets, where we will continue to bring you valuable insights and updates to help you navigate the dynamic world of finance and investment.

You may contact us to discuss Australian licensing and regulatory compliance for your business at contact@hatchstone.com.