Low urgency

ASIC extends no-action position for digital asset businesses to 30 September 2026 - Global Regulation Tomorrow

Detected July 8, 2026 · in Crypto & DeFi Tax Reporting

ASIC extends no-action position for digital asset businesses to 30 September 2026, providing regulatory relief for crypto firms in Australia.

Aforeworn detected this change in the Crypto & DeFi Tax Reporting space on July 8, 2026 and published this briefing so affected operators are forewarned rather than caught off guard. It is rated Low urgency. Australian crypto exchanges, brokers, DeFi protocols, and accounting firms serving digital asset clients should confirm how it applies to their specific situation before acting. There is a time constraint attached: 30 September 2026. Acting after that point can mean penalties, a lapsed licence, or lost eligibility — exactly the kind of surprise Aforeworn exists to prevent. Aforeworn monitors Crypto & DeFi Tax Reporting continuously and turns every detected change into a plain-English briefing like this one, so you always know first. Forewarned is forearmed.

What changed

ASIC extended its no-action position, meaning it will not take enforcement action for certain regulatory obligations until 30 September 2026

Who it affects

Australian crypto exchanges, brokers, DeFi protocols, and accounting firms serving digital asset clients

What you must do

No immediate action required; continue monitoring for potential future regulatory changes

Deadline

30 September 2026

Source: https://news.google.com/rss/articles/CBMiwwFBVV95cUxOVGJuTFBJYnB3V0FPUC1uTGExQXhXUGtPVURPY1VCZHBJY1VleTY0dDRLWi1nd1duQWwxRXkzWTEwQ3BIZUY2YUQxUjdJeTJWTVVmSEZGdWZhdTE2V0dsWVZBaUtFNXNLNUhWdmRXRFZBMDZvNTRKRmFIcE1zNjZPRUppNXk1MnlLWHNFVE12M2hUbl9UZm1zTzFrT2czYXRRRV92SFFMcjlIa3ZJRE1mc2JsYmhSLWcybHdCTnhXS2JxYzA?oc=5

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