ASIC Extends No-Action Relief for Digital Asset Firms

The Australian Securities and Investments Commission has given digital asset businesses another three months to apply for licences under its updated regulatory guidance. Temporary protection from enforcement will remain in place until Sept. 30, extended from the previous June 30 deadline.

The extension covers firms seeking an Australian Financial Services (AFS) licence and companies that may require market or clearing and settlement authorisations. ASIC also expanded the no-action relief to include digital asset businesses operating through authorised representatives or intermediary arrangements with licensed firms, widening the pool of companies eligible for the transition period.

It has received about 30 licence applications since updating its guidance in October 2025. ASIC introduced the no-action position after updating Information Sheet 225 (INFO 225) to clarify how existing financial services laws apply to digital assets, noting that many digital asset products are financial products under current law.

Australia

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