PANews reported on September 25th that, according to Decrypt , the Australian government has released draft regulations for cryptoasset platforms, proposing to extend financial services laws to the crypto industry. The draft requires operators to obtain an Australian Financial Services License and establish two types of platforms: digital asset platforms and custodial platforms. These regulations must manage conflicts of interest, provide dispute resolution mechanisms, and meet custody and settlement standards. The new regulations cover wrapped tokens, public token infrastructure, and staking services, giving regulators flexibility to adjust regulations. The Australian Securities and Investments Commission (ASIC) has already implemented a licensing exemption for stablecoin intermediaries, and the relevant legislation is currently under public comment.