Australian crypto businesses must take action by Sept. 30 to remain covered by the Australian Securities and Investments Commission’s temporary no-action protection, according to CryptoSlate. Qualifying firms must choose the appropriate regulatory path: obtain the required licence, submit the necessary notification, or begin winding down their operations. Businesses that do not enter one of these routes by the deadline risk enforcement action. The notice sets a compliance deadline for crypto firms operating under the temporary protection while they determine their next regulatory step. The requirement applies to qualifying businesses and does not indicate that all crypto companies in Australia follow the same process. Firms affected by the notice must therefore establish which route applies to their activities before the Sept. 30 cutoff.
