Australia Slaps 10% Penalty on Crypto Firms Missing License Deadline

Australia’s June 2026 crypto license deadline threatens a 10% turnover penalty, forcing firms to comply or face massive financial and legal risks.

Key takeaways

• Why Australia’s Crypto Licensing Deadline Could Reshape the Digital Asset Landscape
• A 10% annual turnover penalty is about to become the most expensive mistake in Australian crypto history. The Australian Securities and Investments Commission (ASIC) h...
• The catch? ASIC’s refreshed Information Sheet 225 now treats stablecoins, wrapped tokens, tokenised securities, and digital asset wallets as financial products under t...
• ASIC’s “no-action” position, which protected firms from enforcement while they sorted out compliance, expires for everyone on the same date. No exceptions, no extensio...

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Canonical source: https://mlxio.com/crypto/australia-crypto-license-penalty-2026