
ASIC No-Action Period Ends for Australian Digital Asset Firms
- —ASIC's no-action period ended September 30, 2026, after being extended from June 30
- —Unlicensed firms face fines of up to 10% of annual turnover
- —ASIC had received more than 45 AFSL applications as of September 2
- —The DAP/TCP regime under the Digital Assets Framework Act starts April 9, 2027
Why it matters: Australian and offshore crypto firms serving local clients must secure an AFSL or exit the market.
Source: Blockonomi
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