The Australian Securities and Investments Commission (ASIC) has released a revised version of Info Sheet 225, clarifying the application of existing financial-services laws to cryptocurrency businesses. This update comes as the Australian government prepares to introduce comprehensive new legislation for the sector. ASIC emphasized that numerous digital assets, such as yield-bearing tokens, staking programs, and asset-referenced stablecoins, are likely to require an Australian Financial Services license under current regulations. This move aims to ensure that crypto businesses comply with established financial standards and consumer protections.