Australian Senate committee backs crypto regulation framework. Digital assets now under traditional financial services rules. The Senate Economics Legislation Committee published their report backing the Corporations Amendment Bill. Establishes licensing and compliance for digital token managers. Targets firms holding digital assets for customers. Brings them under existing financial services rules. Firms without AFSL get 6 months to get authorization. Crypto exchanges already register with AUSTRAC as digital currency providers. Australia joins the global trend. Clear rules are coming. US, EU, UK, Singapore, Hong Kong, all creating frameworks. Regulatory clarity helps institutional adoption. Consumer protection builds trust. Clear rules are not Bitcoin's enemy. They are the path to mainstream adoption.