ASIC Extends No-Action Period for Crypto Licensing Until September

Australia's financial regulator, ASIC, has extended its no-action period for crypto licensing until September 30, giving digital asset businesses more time to secure their licenses. The original deadline was June 30, but this extension means that firms will have three extra months to get their paperwork in order.

The relief applies specifically to companies that are actively working toward obtaining an Australian Financial Services (AFS) licence or amending existing applications. This includes firms seeking Australian Market Licences or Clearing and Settlement facility licences, as well as those operating under authorized representative arrangements with existing AFS licence holders.

ASIC has received approximately 30 licence applications from digital asset businesses to date. The regulator is currently building a new regulatory architecture for digital assets, with the Corporations Amendment (Digital Assets Framework) Act 2026 expected to take effect in April 2027.