Australia Tightens Pressure on Crypto Firms as Licensing Deadline Approaches
Australia’s corporate regulator is pressing crypto businesses to meet a strict new licensing deadline, warning that firms operating without the required authorizations face enforcement. The crackdown follows years of relatively light oversight and is designed to bring exchanges, custodians, and related platforms under the same consumer-protection rules as other financial services. Industry groups say smaller operators may exit or merge rather than absorb compliance costs. The rules are expected to reshape how Australians buy, store, and transfer digital assets, and they come as other jurisdictions debate similar licensing regimes. Officials have framed the timetable as non-negotiable.
September 4, 2026 75
