ASIC has warned Australian crypto firms to meet licensing conditions by Sept. 30 or face fines up to 10% of annual turnover and criminal penalties from Oct. 1.
Crypto Regulation & Compliance News
Australian crypto businesses have a firm deadline approaching. The Australian Securities and Investments Commission (ASIC) warned on Sept. 3, 2026, that companies relying on its temporary no-action position must meet authorization conditions by Sept. 30.
Firms that miss the cutoff could face civil and criminal penalties from Oct. 1, including fines of up to 10% of their annual turnover.
The no-action position is a form of temporary regulatory relief. Under it, ASIC does not plan to take enforcement action against eligible businesses that meet…
