ASIC No-Action Period Ends for Australian Digital Asset Firms

TLDR: ASIC’s no-action period ended September 30, 2026, leaving unlicensed digital asset firms exposed. Penalties for unlicensed conduct include civil and criminal action, with fines up to 10% of turnover.  The DAP and TCP licensing regime under the Digital Assets Framework Act starts on April 9, 2027.  AUSTRAC’s expanded AML/CTF rules took effect March 31, [...]

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