Policy Event ยท High impact

ASIC June 30 Deadline Tightens Digital Asset Licensing Risk

ASIC warned digital asset firms providing financial services involving digital asset financial products to apply for an AFS licence or variation by June 30, 2026 before its sector-wide no-action position expires. Firms that need authorisation but miss the deadline risk breaching financial-services laws, including civil and criminal penalties that can reach 10% of annual turnover.

High impact๐Ÿ‡ฆ๐Ÿ‡บ AustraliaLicensingRegulationASIC

APAC FINSTAB analysis

For APAC operators, this creates a high-impact signal around licensing, regulation in Australia. Named institutions or platforms: ASIC. 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.

View related Licensing tracker page โ†’

Related policy events

OSFI Says Tokenized Deposits Are Legally Equivalent To Traditional Deposits

Canada's OSFI said it takes a technology-neutral approach and treats tokenized or digitalized deposits as legally equivalent to traditional deposits. The position clarifies that prudential obligations remain attached to deposit-taking institutions even when deposit records use tokenized infrastructure.

Medium impact๐ŸŒ CARegulationBankingTokenization

RBI Recognises Unified Fintech Forum As FinTech Self-Regulatory Organisation

The Reserve Bank of India recognised Unified Fintech Forum as a self-regulatory organisation for the fintech sector and used Global Fintech Fest to frame finance around technology, trust, and innovation. The move signals a stronger self-regulatory layer for Indian fintech firms, including payment, wallet, and digital finance services adjacent to crypto activity.

Medium impact๐Ÿ‡ฎ๐Ÿ‡ณ IndiaRegulationBankingINR