Australia’s corporate regulator has released updated guidance on digital assets, which blockchain executives have welcomed, while airing concerns on the speedy issuance of licenses.
The Australian Securities and Investments Commission data-ct-non-breakable=”null” href=”https://www.asic.gov.au/regulatory-resources/digital-transformation/digital-assets-financial-products-and-services/” rel=”noopener nofollow” target=”_blank”>updated its Info Sheet 225 on Wednesday, data-ct-non-breakable=”null” href=”https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2025-releases/25-250mr-updated-asic-guidance-supports-digital-asset-innovation-and-boosts-investor-protection/” rel=”noopener nofollow” target=”_blank”>announcing that companies offering crypto services classified as financial products will need to become a member of the Australian Financial Complaints Authority and lodge for an Australian Financial Services License by June 30.
Bitcoin not a financial product
John Bassilios, a…
