Australia’s crypto firms have reached a Sept. 30 deadline to enter the country’s financial services licensing process before ASIC’s temporary no action protection expires.
Summary
- ASIC’s no action relief expires Sept. 30, requiring affected crypto firms to enter the licensing process to remain covered.
- Firms that require authorization but fail to meet the relief conditions could breach financial services law from Oct. 1 and face civil or criminal penalties.
- More than 45 digital asset businesses have sought relevant authorizations since ASIC updated its guidance in October 2025.
- Australia’s separate digital asset framework takes effect on April 9, 2027, bringing new…
