Australia\'s parliament has passed a bill requiring cryptocurrency exchanges and custody providers to obtain an Australian financial services licence and bringing digital asset and tokenised custody platforms under the country\'s licensing framework. The bill will take effect 12 months after royal assent and includes an additional transition period for compliance. An explanatory memorandum says the law applies only to platforms that actually hold customers\' cryptoassets, not those providing only control-assisting technology.

XRP is down about 25 percent so far in 2026 and has failed to form a clear trend amid fallout from the U.S.-Iran war, moving sideways, a report said. Since the conflict began on Feb. 28, it has traded in a $1.32 to $1.60 range. CoinCodex data points to possible local peaks at $1.68 in June and $2.21 in October, but not near the $3.92 record within a year. Ripple’s institutional expansion is also seen as a factor.