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Australia's ASIC extends crypto license transition period to end of September, expands exemption scope

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ME News reported that on June 26 (UTC+8), the Australian Securities and Investments Commission (ASIC) announced an extension of the temporary enforcement exemption period for digital asset enterprises applying for an Australian Financial Services (AFS) license to September 30, 2026, a three-month extension from the previous deadline of June 30. This extension also expands the scope of exemptions, including digital asset enterprises operating through authorized representatives or intermediary arrangements with licensed companies under transitional protection. ASIC stated that since the update of the digital asset regulatory guidance in October 2025, it has received approximately 30 license applications. Notably, this extension is independent of Australia's Digital Asset Framework, which was passed by parliament in April this year and is scheduled to take effect on April 9, 2027. ASIC warns that enterprises obtaining licenses under current guidance may still need to obtain additional authorizations after the new framework is implemented. (Source: ChainCatcher)
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