Australia extends crypto regulations to stablecoins and tokenized assets

Australia is expanding its regulatory oversight of the crypto industry by applying financial laws to a wider range of digital assets, including stablecoins, staking, and tokenized products. The Australian Securities and Investments Commission (ASIC) has updated guidance to clarify that these laws also apply to offshore and decentralized platforms serving local users. ASIC is proposing relief for stablecoin and wrapped token distributors and has granted a no-action period until June 30, 2026, for firms to adapt and apply for licenses. Public feedback on the proposed relief instruments is open until November 12, 2025. This move is part of a broader effort in Australia to establish clearer regulatory guidelines for crypto innovation and provide stronger consumer protections.