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Australia’s Financial Regulator Proposes New Standards for Crypto Exchanges

Australia's financial regulator, ASIC, proposed new standards for cryptocurrency exchanges and digital asset custodians. The proposals aim to protect customer funds, execute trades, and meet financial requirements under new laws that take effect next year. The consultation closes on November 27, with final guidance and standards expected in March 2027. The changes would mean clearer rules on how exchanges hold their assets, execute orders, and handle conflicts of interest for Australian investors.

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