ASIC roadmap signals end of crypto regulatory limbo

InvestorDaily

The corporate watchdog has set out a roadmap to integrate digital assets into Australia’s broader financial services framework within the next 12 months, ahead of the country’s first crypto legislation taking effect from April 2027. The Australian Securities and Investments Commission (ASIC) plans to issue new regulatory guidance and operational standards as it implements laws bringing digital asset platforms (DAPs) and tokenised custody platforms (TCPs) under the financial services licensing regime from April 2027. The reforms follow the passage of the Corporations Amendment (Digital Assets Framework) (DAF) Act 2026 on 1 April, which received Royal Assent on 8 April and will commence on 9 April 2027.

The DAF Act establishes an 18-month implementation period, with ASIC responsible for licensing, supervision, and enforcement under the new regime. “To assist the industry, ASIC has set out its roadmap for implementing the new regime. This includes our expected timeline and approach to consulting on the new standards and guidance, including early indications of the content that will be covered,” ASIC said in a statement. In the second quarter, ASIC will hold stakeholder roundtables and fintech liaison discussions, and establish an industry advisory group as announced in March 2026. It will also begin consulting on standards and guidance.

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