
Investment Banking News
C-suite’s sweet spot for crypto ahead of local laws
InvestorDaily
A new YouGov poll has revealed 54 per cent of business leaders have crypto investments, as governments and financial institutions race to establish clearer regulatory and operating frameworks for the sector. The main digital asset legislation in Australia is the Corporations Amendments (Digital Assets Framework) Act 2026, which received Royal Assent on 8 April. It introduces an 18 month roadmap towards full implementation, bringing crypto exchanges and digital custodians under standard Australian Financial Services regulation.
The Act establishes two new categories of regulated financial products: digital asset platforms (DAPs) and tokenised custody platforms (TCPs); and operators of these platforms are required to hold an AFSL. The Digital Asset Framework will commence on 9 April 2027. The new research suggests c-suite and managing directors in the country are 3.4 times more likely to hold digital assets than the broader population, despite a slight drop in the number of executives reporting ownership since January.
The rest of this article can be found at investordaily.com.au.
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