Policy Event Β· High impact

Australia AFSL Licensing Framework Solidifies with 90-Day ASIC Implementation Window

Australia's digital asset licensing framework firmed up with ASIC confirming 90-day compliance window for crypto platforms. Approximately 400 crypto platforms operate in Australia with only ~10% holding ASIC registration. ASIC class no-action letter expires June 30, 2026 - after which unregistered platforms lose protection. Coinbase became first exchange to receive direct AFSL approval, establishing precedent for major platforms. Two-tier framework requires AFSL for platforms with annual volume >AUD$10M.

High impactπŸ‡¦πŸ‡Ί AustraliaLicensingRegulationExchangeBTCETHASICCoinbase

APAC FINSTAB analysis

For APAC operators, this creates a high-impact signal around licensing, regulation, exchange in Australia. Protocols/assets in scope: BTC, ETH. Named institutions or platforms: ASIC, Coinbase. Teams should monitor the original source, map the change to licensing, custody, disclosure, and market-access obligations, and update their jurisdiction playbooks before the next compliance review.

Compliance read-through: map this event to entity licensing, market-access, custody, disclosure, token listing, and operational-risk obligations before expanding or marketing in the affected jurisdiction.

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