Australia's securities regulator has opened a public consultation on new standards for crypto platforms. The proposals cover three areas: capital, custody and trading. The regulator wants feedback before the rules take effect in 2027. The report was published on Oct 15, 2026.
The consultation follows digital asset legislation that Australia's Parliament passed in April. The regulator is now setting out the specific standards platforms would have to meet: how much capital they must hold, how assets are kept in custody, and how trading is run.
Much is still unknown. The available text does not give the detailed requirements, a deadline for submissions, or a list of the platforms the rules would cover. The article was later updated with a comment from Liam Hennessy, a partner at Thomsons, but what he said is not in the text available here.
For someone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, nothing changes directly. These are proposals under consultation, the story does not name any of these exchanges, and it says nothing about funding rates, trading fees or liquidity. It also does not say whether the final rules will cover perpetual futures or exchanges based outside Australia.
Source: cointelegraph — Australia seeks feedback on crypto platform rules ahead of 2027 rollout