Australian regulator extends no-action period for crypto licensing
CoinTelegraph·
60-second summary
The Australian Securities and Investments Commission (ASIC) extends the no-action period for crypto licensing, providing temporary relief until September 30, allowing digital asset businesses to transition into the country's licensing system. This reprieve gives firms more time to comply with regulations, potentially mitigating disruptions to market operations and investor confidence.
Australia’s financial regulator extended temporary enforcement relief for digital asset businesses until Sept. 30 as firms transition into the country’s licensing system.