BitcoinKE·5h ago·positive

Australia Extends Crypto Licensing Relief to September 30

ASIC has given crypto businesses until September 30 to comply with licensing rules, extending a no-action period as Australia prepares a dedicated digital asset framework for 2027.

ASIC extended temporary enforcement relief by 3 months for crypto firms needing financial services licenses
About 30 digital asset businesses have applied for licenses since updated guidance took effect in late 2025
Australia's Digital Asset Framework, approved in early 2026, takes effect April 2027 with dedicated licensing for platforms and custody
ASIC warns firms may need additional authorizations once the new framework is operational

regulationImpact 6/10

Why our editor rated this positive

Australia is providing regulatory clarity and transitional relief for crypto businesses, balancing enforcement with practical timelines. This is a constructive step for the industry.

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