Regulation· ★★★★· bearish·

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