ASIC Issues Consultation Paper on Crypto Platform Regulations
Current overview (not historical)
ASIC has released a consultation paper outlining new regulatory rules for cryptocurrency platforms, focusing on capital requirements, custody arrangements, and trading practices. The paper proposes three capital models, one of which mandates that operators without a qualified third‑party custody arrangement hold either a minimum net tangible asset value of A$14 million (US$9.7 million) or 10% of revenue, whichever is higher. ASIC also seeks feedback on allowing offshore custody and on whether Australian operators should retain emergency access to private keys if an overseas parent company becomes insolvent. Additionally, the regulator intends to impose restrictions on platform‑run trading and on receiving preferential treatment for specific tokens to mitigate potential conflicts of interest. Comments are due by November 27, and ASIC plans to publish final standards and guidance in March 2027.
Written with AI from the reporting · updated 10/20/2026
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- 1Unclassified fact stationOct 15, 00:00recorded Oct 15, 13:32single sourcerevised
ASIC发布咨询文件，明确加密平台资本、保管和交易规则
Read original source ↗ CointelegraphReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject：
- ASIC
- Action：
- 发布咨询文件
- Object：
- 加密平台监管规则
- Occurred (fact side)：
- Oct 15, 00:00
- Published (valid side)：
- Oct 15, 13:00
- First seen (known side)：
- Oct 15, 13:32
Fact stationSingle source · one-sided claimRevisedCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
- 2Unclassified fact stationOct 20, 00:00recorded Oct 21, 03:34single source
SEC监管提案评论期结束
Read original source ↗ The BlockReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject：
- sec
- Action：
- 收到评论
- Object：
- 加密资产监管提案
- Occurred (fact side)：
- Oct 20, 00:00
- Published (valid side)：
- Oct 21, 03:19
- First seen (known side)：
- Oct 21, 03:34
Fact stationSingle source · one-sided claimCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
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- The BlockRelated fact: single sourceCrypto firms and Wall Street urge SEC to revise cryptocurrency proposal as comment period ends
Report first recorded Oct 21, 03:34
As the SEC's comment period on a cryptocurrency proposal closes, major digital asset firms and Wall Street institutions are urging the regulator to revise the framework. The initiative reflects growing industry pressure on U.S. crypto regulation ahead of the comment deadline.
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- CointelegraphRelated fact: single sourceSource report revisedAustralia's regulator seeks feedback on crypto platform rules before 2027 implementation
Report first recorded Oct 15, 13:32
Australia's securities regulator, ASIC, opened a consultation on proposed capital, custody, and trading requirements for crypto platforms ahead of implementing legislation passed in April. Proposals include three alternative capital models, restrictions on platforms trading for their own account, and quarterly reporting of wallets holding customer assets. ASIC also proposes allowing offshore custody while seeking feedback on safeguards if an overseas parent or related company fails. ASIC Commissioner Alan Kirkland said the proposals acknowledge the increasing role of digital assets and tokenization in traditional finance.
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