Australia Expands Crypto Regulations to Stablecoins and Tokenized Assets in Major Regulatory Overhaul

Australia throws down the regulatory gauntlet—bringing stablecoins and tokenized assets under official oversight.
The New Framework
Digital assets just got their rulebook. Australia's latest regulatory expansion covers everything from dollar-pegged stablecoins to tokenized real-world assets—finally giving institutional investors the clarity they've been begging for.
Market Impact
Watch compliance costs spike while legitimacy soars. Traditional finance giants can now enter the space without worrying about regulatory ambiguity—though they'll probably still find ways to complain about compliance overhead.
Global Implications
Another major economy joins the crypto regulation race. Australia's move puts pressure on other APAC nations to clarify their own positions—creating a domino effect across regional markets.
Because nothing says 'mature asset class' like needing government permission slips—but hey, at least the suits can sleep better knowing their digital dollars have official stamps of approval.
Australia’s crypto oversight: ASIC grants firms time to adapt
Recognizing that service providers will need time to align with the updated rules, ASIC has granted a no-action relief period until June 30, 2026. During this transition, the regulator proposes targeted relief for distributors of stablecoins and wrapped tokens, as well as custodians managing digital assets that qualify as financial products.
Public feedback on the draft relief instruments is open until Nov. 12, 2025, as ASIC works in tandem with the Treasury on a broader overhaul of the nation’s digital asset regulatory framework.
Meanwhile, the latest extension marks a step toward establishing clearer regulatory guardrails for crypto innovation, aiming to provide stronger consumer protections and operational certainty for emerging businesses. It follows the country’s broader push toward comprehensive crypto oversight, which has recently included proposals to regulate crypto ATMs and a draft bill outlining a licensing framework for digital asset providers.