Altcoins News
By Bruce Buterin
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Why the Deadline Matters So Much. The urgency is real, and it's building. Businesses across the digital-asset space are scrambling…
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LTP License and the 120-Day Processing Push. One concrete example of how firms are navigating all this: LTP, a Hong Kong-based prime broker,…
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What ASIC Still Hasn't Said. Here's what's murky. ASIC hasn't broken down whether the 45-plus applications are mostly new…
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Australia's financial watchdog is getting busy. The Australian Securities and Investments Commission has pulled in more than 45 applications for digital-asset services licenses,…
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That number jumped from roughly 30 applications after ASIC extended its transitional licensing relief back on June 25.
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The urgency is real, and it's building. Businesses across the digital-asset space are scrambling to get paperwork in order before the existing transitional relief window closes.
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It's worth being clear about what ASIC's licensing relief actually covers — and what it doesn't. Crypto lending is out. Earn products are out.
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ASIC updated its Information Sheet 225 in October 2025, and that revision mattered. It stretched the application of existing financial services law to cover stablecoins, wrapped…
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One concrete example of how firms are navigating all this: LTP, a Hong Kong-based prime broker, grabbed an Australian license in June for its wholesale business activities,…
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ASIC is also trying to speed up its own side of the process. The regulator cut its processing target for routine financial-services and credit-license applications down to 120…
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Read also: LBank Expands Offerings with Ondo USDY and Intelligent Portfolios for Crypto Users
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Businesses that need market or settlement licenses face an extra step. They must notify ASIC and hold a pre-application meeting before the end of September.
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Here's what's murky. ASIC hasn't broken down whether the 45-plus applications are mostly new licenses or variations to existing ones.
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So the headline number — 45 applications — is real, but it's kind of a surface figure. The depth behind it isn't clear yet.
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All of this is happening ahead of something bigger. The Corporations Amendment (Digital Assets Framework) Act 2026 is set to bring new regulated categories for digital asset…
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