US EditionAustralia’s ASIC Signals Broader Digital Asset Oversight Ahead of New Licensing Regime
ASIC mandates licensing for stablecoin issuers and digital asset providers by 2026, with a transitional no-action relief period until June 30, 2026, to ensure regulatory compliance.
- On Wednesday, the Australian Securities and Investments Commission released updated guidance classifying stablecoins, wrapped tokens, tokenized securities and digital asset wallets as financial products requiring licensing, preparing for forthcoming laws on digital asset platforms and payment service providers.
- Treasury is finalizing Digital Asset Platforms and Payment Service Providers bills, and ASIC's stance signals regulators are aligning to formalize digital-asset compliance.
- The Information Sheet 225 revision expands 'crypto assets' to 'digital assets', adds 13 licensing examples, flags fiat-backed stablecoins and wrapped tokens as licensable, while exempting Bitcoin, gaming NFTs and tokenized concert tickets.
- ASIC is offering sector-wide no-action relief until June 30, 2026, while companies must obtain an Australian Financial Services License next year; industry leaders warned about capacity strains processing applications.
- ASIC outlined new custodial obligations requiring firms that hold client assets to meet net tangible asset thresholds of 10 million Australian dollars , warned offshore and decentralized platforms cannot evade oversight, and proposed additional relief for stablecoin distributors.
21 Articles
21 Articles
Australia Mandates Licenses for Stablecoin and Crypto Wallet Providers
The Australian Securities and Investments Commission released updated guidance Wednesday classifying stablecoins, wrapped tokens, tokenized securities and digital asset wallets as financial products requiring licensing. Companies offering these services must obtain an Australian Financial Services License to operate legally in the country. ASIC is providing sector-wide no-action relief until June 30, 2026, giving businesses time to assess requir…
Stablecoin Rules Clarified as ASIC Defines New Crypto Guidelines: Report
ASIC classifies stablecoins and tokenized assets as financial products under its regulation. Service providers must secure AFS licenses, with an eight-month transition to comply. New rules aim to protect investors while supporting innovation in Australia’s crypto market. The financial regulator in Australia has made a historic step to regulate the digital asset market. The Australian Securities and Investment Commission (ASIC) has regarded stabl…
Australian Regulator Updates Guidance Classifying Digital Assets as Financial Products - Invest In Crypto News
ASIC clarifies that many digital assets are financial products and provides transitional relief to support innovation. The Australian Securities and Investments Commission (ASIC) on 29 October 2025 published updated guidance stating that stablecoins, wrapped tokens, tokenized securities and digital asset wallets can be financial products under existing law, and confirmed a sector‑wide no‑action position until […] Source link The post Australian …
Australia's financial regulator, ASIC, announced that digital assets such as stablecoins and wrapped tokens now require financial services licenses. In its updated guidance published on Wednesday, the Australian Securities and Investments Commission (ASIC) stated that stablecoins… Major Holdings from European Countries...
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