CEO's Corner: A turning point for Australia’s digital asset industry

The 2025 Australian Federal Election has delivered a clear and historic outcome. Prime Minister Anthony Albanese’s Labor Government has secured a decisive majority, gaining more than ten seats above the 76 required to govern. Beyond the political implications, this result sets the stage for meaningful progress in Australia’s approach to digital asset regulation.

Labor’s re-election provides policy continuity and the stable governance necessary for implementing long-term economic reform. For the digital asset sector, it brings with it a legislative mandate and a timeline. Labor has committed to releasing draft legislation within 100 days of the election and confirmed a 2026 deadline for enacting a fit-for-purpose regulatory framework for Digital Asset Platforms (DAPs) and stablecoin payment systems.

Importantly, this framework will be built into the existing Australian Financial Services Licence (AFSL) regime. This approach avoids the pitfalls of imposing high-cost, restrictive market operator-style licences, and instead offers a principles-based structure that promotes innovation while safeguarding retail investors. It aligns Australia with international best practice, helping to attract foreign capital, retain local talent, and prevent further offshoring of digital asset businesses.

As the Government prepares to legislate, the focus must remain on collaboration between regulators, industry, and consumer groups. If executed well, the benefits are broad: increased economic activity, new jobs, investment-grade infrastructure, and enhanced financial inclusion.

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