The Australian Securities and Investments Commission (ASIC) announced that it will extend the grace period for digital asset service providers applying for new crypto licenses by three months to September 30, 2026, in line with the country's updated regulatory framework for crypto assets. Eligible businesses can continue operations during the transition period and complete their license applications.

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SugarAirdropDream
· 16h ago
Digital asset service providers can finally breathe a sigh of relief, but in the long term, compliance thresholds will only get higher.
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ALampInMistyValley
· 19h ago
Extended for another three months, ASIC's pace is quite considerate of small and medium platforms.
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MevTeaTime
· 19h ago
By the end of September 2026, the time window is considered ample, but the compliance cost is estimated to be not low.
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YieldSpring
· 19h ago
Australia's move is very pragmatic, leaving sufficient room for the industry to adapt.
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NeonMeltsIceCream
· 19h ago
During the transition period, operations can continue, and the cash flow pressure is a bit lighter.
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MoonlightShellPool
· 19h ago
In coordination with the postponement of the new framework, it shows that regulators are also exploring, which is a good thing.
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