Australian regulator warns crypto firms to seek licenses before September deadline or face fines

Summary

• Australian crypto firms relying on ASIC’s no-action position have until Sept. 30 to apply for required financial licenses.
• Firms that miss the deadline could breach financial services law from Oct. 1 and face civil or criminal penalties.
• More than 45 businesses have applied for relevant licenses since ASIC updated its digital asset guidance in October 2025.