The final guidance expands last year’s draft, adding new examples and custody rules as ASIC shifts from proposals to enforceable oversight.
💡 DMK Insight
ASIC’s move to enforceable oversight is a game changer for crypto traders in Australia. This shift from proposals to actual regulations means that traders need to adjust their strategies to comply with new custody rules and examples outlined in the guidance. For those trading in the Australian market, this could lead to increased scrutiny and potential volatility as firms adapt to the new compliance landscape. Traders should keep an eye on how this affects liquidity and market behavior, especially if larger institutions start to pull back or adjust their positions in response to stricter regulations. On the flip side, this could also create opportunities for compliant firms to gain market share. Watch for any immediate reactions from major players in the crypto space, as their strategies will likely influence market dynamics. The next few weeks will be crucial as traders digest these changes and adjust their positions accordingly.
📮 Takeaway
Keep an eye on how ASIC’s new custody rules impact liquidity and market behavior in the coming weeks, especially among major players.






