Summary

Implements certain recommendations of the final report of the Senate Select Committee on Australia as a Technology and Financial Centre by: providing for a framework for digital asset exchanges, digital asset custody services and the issuing of stablecoins; requiring authorised deposit-taking institutions to comply with certain reporting requirements in relation to designated central bank digital currency; and providing for additional duties of the Parliamentary Joint Committee on Corporations and Financial Services in relation to the regulation of activities relating to digital assets and designated central bank digital currency.