Australia Extends Deadline for Crypto Firms to Secure Licenses

The Australian Securities and Investments Commission (ASIC) has given digital asset firms an extra three months to secure licenses. The deadline is now September 30, 2026. This extension of no-action relief comes after ASIC received about 30 license applications from these companies.

INFO 225, which explains how existing financial services laws apply to digital assets and related products, has been guiding firms since October last year. It sets out when licensing obligations arise under current law, with definitions described as broad and technology-neutral by the regulator.

The no-action relief is limited in scope, excluding crypto lending and earn products, most digital asset payment facilities outside eligible stablecoins, and derivatives beyond wrapped tokens. ASIC will continue to act against serious misconduct that causes significant consumer harm or systemic issues.