ASIC Extends Digital Asset License Transition Period Until September 30 This Year

According to the Australian Securities and Investments Commission (ASIC), the no-action arrangement for digital asset firms under the new licensing framework has been extended until September 30, 2026. During this period, digital asset companies providing financial services may continue to apply for or modify Australian Financial Services licenses (AFS), with new arrangements also allowing operations through authorized representatives or intermediaries of AFS licensees.

The extension also applies to entities requiring market licenses or clearing and settlement licenses. Since October 2025, ASIC has received approximately 30 license applications from digital asset firms.