Australia Tightens Crypto Rules as Sept. 30 Deadline Looms

TLDR Australia has set Sept. 30 as the deadline for affected crypto firms to meet ASIC’s licensing conditions. ASIC’s temporary no-action relief ends after the deadline, exposing non-compliant firms to enforcement from Oct. 1. Penalties could reach 10% of annual turnover for businesses operating without required financial services authorization. More than 45 crypto-related license applications [...]

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