News · Regulation & Policy
Consultation Paper 392 outlines asset-holding, settlement, and financial standards under the DAF Act, with feedback open until Nov. 27, 2026.
Key point 1 of 3
01
ASIC released CP 392 on Oct. 15, 2026, to implement the Corporations Amendment (Digital Assets Framework) Act 2026.
Key point 2 of 3
02
The package proposes standards for asset-holding, transactional settlement, and financial requirements for DAPs and TCPs.
Key point 3 of 3
03
The consultation period closes for industry and public feedback on Nov. 27, 2026.
Context
The consultation follows the passage of the Corporations Amendment (Digital Assets Framework) Act 2026, which set the legislative foundation for regulating Australian digital…
Why it matters
Operators of digital asset platforms and tokenised custody platforms operating in Australia will be subject to binding asset-holding, settlement, and financial reserve standards…
What to watch
Public comments on Consultation Paper 392 close on Nov. 27, 2026, after which ASIC will assess submissions before finalizing the 2027 legislative instruments.
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