The Australian Securities and Investments Commission (ASIC) has released updated digital asset guidelines, Info Sheet 225, broadening the scope of financial services regulations to include stablecoins, staking, and tokenized products. The guidelines introduce new custody standards and 18 classification cases, aligning with the upcoming Digital Asset Platforms and Payment Services Providers Bill from the Treasury. This bill is expected to establish a formal licensing regime for exchanges, custodians, and certain stablecoin issuers. Companies holding client assets must meet a minimum net tangible asset threshold of AUD 10 million. Additionally, various digital assets, such as yield tokens, staking schemes, and asset-pegged stablecoins, may be classified as financial products, requiring a financial services license.