Australia
Asia-Pacific Tokenization Policy: Singapore, Hong Kong, Japan, Australia, South Korea Compared
Asia-Pacific is home to five significant tokenization policy jurisdictions with distinct approaches. This benchmark compares Singapore, Hong Kong, Japan, Australia, and South Korea across regulatory framework, stance, and suitability for different use cases.
Australia: Thorough Analysis, Slow Legislation, and the ASIC Enforcement Gap
Australia's digital asset policy — token mapping, ASIC regulation, licensing reform, and the prolonged uncertainty facing Australian crypto businesses in the absence of comprehensive legislation.
Australia's Crypto Regulation: Token Mapping, Licensing Reform, and the Long Wait for Clarity
Australia conducted a comprehensive 'token mapping' exercise in 2023 and proposed a licensing framework for digital asset exchanges — but implementation has been slow, leaving the industry in prolonged regulatory uncertainty.