Australia Flags Crypto Regulation Gaps as Major 2026 Risk
Australia’s financial regulator has singled out digital asset regulation as a critical vulnerability in its financial oversight framework. The Australian Securities and Investments Commission warns that unchecked innovation in crypto and fintech could lead to consumer harm, with unlicensed advice and regulatory arbitrage posing systemic risks by 2026.
Regulatory clarity remains elusive as crypto adoption climbs—31% of Australians now hold digital assets, up from 28% in 2024. ASIC’s enforcement challenges mirror global struggles to contain borderless financial innovation within national regulatory perimeters.