Australian Treasury has released a consultation paper on the regulation of digital assets, which is open until December 1. The approach is aimed at intermediaries, especially those holding asset custody, rather than the digital assets themselves. The opinion emphasizes the significant consumer risks posed by intermediaries holding or controlling assets, using FTX as an example. Therefore, intermediaries controlling assets are a key target. The document classifies digital assets into financial digital assets, securities, bonds, etc. and non-financial digital assets. For financial digital assets, it takes the approach of "same risk, same rules", and all usual intermediaries need to have an Australian Financial Services License (AFSL).