Daniel Mulino

Across the world, digital assets are reshaping finance. Blockchain technology and tokenisation are unlocking new ways to invest, trade and transfer wealth. They promise faster settlement, lower costs, and broader access to markets that were once out of reach. Tokenisation can turn real-world assets like property, commodities or bonds into digital tokens that can be traded instantly and securely.

This is not a distant future. It is happening now. Global institutions are experimenting with tokenised securities, central banks are exploring digital currencies and investors are demanding safe, regulated ways to participate. Digital assets are a growing part of the global financial system.

The final legislation will introduce a new framework for digital asset businesses in Australia. It will do so by extending existing financial services laws, but in a targeted way. It will be the cornerstone of our digital asset roadmap which was released in March.

This is about legitimising the good actors and shutting out the bad. It is about giving businesses certainty and consumers’ confidence. It is about working with industry, regulators and the broader community to make Australia a leader in the global digital asset ecosystem.