Don't want to trade it yourself?
Our desk runs DEX portfolios on profit share.
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 <a href="https://www.asic.gov.au/about-asic/news-centre/news-items/asic-extends-no-action-position-for-digital-asset-businesses-to-30-september-2026″ rel=”nofollow noopener” target=”_blank”>facecivil 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 specified conditions while seeking required authorization. That relief is scheduled to expire at the end of September.
What Firms Must Do Before Sept. 30
ASIC outlinedthree main paths to compliance. Businesses can apply for a new Australian Financial Services (AFS) license, vary an existing one, or operate as an authorized representative under an existing AFS license holder. Firms that require an Australian Market Licence or a Clearing and Settlement facility license must notify ASIC and complete a pre-application meeting before the deadline.
The regulator extended the no-action period on June 25, 2026, pushing it from June 30 to Sept. 30. That extension also broadened coverage to include businesses operating through authorized-representative or intermediary arrangements. Around 30 applications had been filed at the time of that extension. The total has since grown to more than 45, following ASIC’s updated INFO 225 guidance issued in October 2025, which sets out whencrypto assets and related services fall under existing financial laws.
Related Article: Australia Gives Crypto Firms Until Sept. 30 to Get Licensed or Face Fines
2027 Framework Is a Separate Process
The Sept. 30 deadline is separate from but related to Australia’s longer-term crypto legislation. The Corporations Amendment (Digital Assets Framework) Act 2026 takes effect on April 9, 2027. It will bring crypto and tokenized custody platforms under the country’s financial services licensing regime. ASIC confirmed that many firms will still need their current financial services authorizations even after that framework begins. The regulator said it plans to release additional standards and guidance before the 2027 rules take effect.
The two regulatory tracks run in parallel. Missing the Sept. 30 deadline does not exempt a firm from the 2027 framework, and complying with one does not replace the other. For businesses that have not yet begun the licensing process, the window is narrowing quickly.
This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators. This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is not intended as, and shall not be construed as, financial advice. The views and opinions expressed in this article are the author’s [company’s] own and do not necessarily reflect those of CoinMarketCap.
Source: coinmarketcap.com