ASIC Extends Crypto Licensing No-Action Period to September 30
2026-06-26 20:14

Woofun AI reports that the Australian Securities and Investments Commission has extended its no-action period for digital asset businesses until September 30, pushing back the previous June 30 deadline. This extension applies to entities seeking Australian Financial Services licenses, as well as those requiring market or clearing and settlement authorizations. The relief now also covers businesses operating through authorized representatives or intermediary arrangements with licensed firms. ASIC stated it has received approximately 30 license applications since updating its guidance in October 2025. This temporary measure is distinct from the Digital Asset Framework, which passed Parliament in April and is scheduled to commence on April 9, 2027. The regulator warned that some firms licensed under current guidance may require additional authorizations once the new framework takes effect.

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