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ARTICLE · 02 NOVEMBER 2025

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ASIC Issues Sweeping New Guidance On Digital Assets And 'No-action' Until 2026 For A Range Of Providers

Piper Alderman
Piper Alderman
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Piper Alderman

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This is a major development for anyone operating in the crypto space or dealing with digital assets in Australia.

AustraliaTechnology
Steven Pettigrove
Steven Pettigrove
Luke Higgins
Luke Higgins
Tahlia Kelly
Tahlia Kelly
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After nearly a year of anticipation, the Australian Securities and Investments Commission (ASIC) has released its finalised update to Information Sheet 225 (INFO 225), setting out its views on when digital asset products and services fall within the scope of Australia's financial services laws. The release coincides with a range of 'no-action' relief instruments giving the industry breathing space until 30 June 2026.

This is a major development for anyone operating in the crypto space or dealing with digital assets in Australia. While INFO 225 does not change the law, the guidance represents ASIC's most detailed statement yet of how it interprets the existing financial services regime in the context of digital assets. Whilst the guidance provides helpful clarity in some areas, it also raises significant policy and legal questions, including in light of Treasury's recently released draft legislation for digital asset platforms.

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