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Australian regulator extends no-action period for crypto licensing — TradingView News

Australian regulator extends no-action period for crypto licensing — TradingView News

The Australian Securities and Investments Commission (ASIC) has given digital asset businesses another three months to apply for licenses required under its updated regulatory guidance.

Australia’s financial regulator said that the temporary protection from enforcement would remain in place until Sept. 30, pushed from the previous June 30 deadline.

The extension applies to businesses seeking an Australian Financial Services (AFS) license, as well as companies that may require market or clearing and settlement authorizations.

ASIC also expanded the no-action relief to cover digital asset businesses operating through authorized representatives or intermediary arrangements with licensed firms, widening the pool of companies eligible for the…

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