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ASIC Extends Crypto Licence No-Action Period to September
ASIC extended its no-action position for digital asset firms to Sept 30, 2026, giving three more months to secure AFS licences before the new framework takes effect in April 2027.
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Australia's corporate regulator has given crypto companies a longer runway to get licensed. ASIC extended its no-action position for digital asset businesses from June 30 to September 30, 2026. Firms actively working toward an Australian Financial Services (AFS) licence will not face enforcement action under the Corporations Act in the meantime.
The relief applies to businesses applying for an AFS licence or an Australian Market Licence. It also covers companies operating under authorised representative arrangements with existing AFS licence holders. Clearing and Settlement facility licences are included too.
ASIC has received about 30 licence applications from digital asset firms to date, the regulator said.
The original no-action period was set after an October 2025 update to Information Sheet 225, often called INFO 225. That document clarified how digital assets are classified as financial products. Following industry feedback, ASIC expanded INFO 225 to include stablecoins and tokenised securities.