Australia Flags Crypto Oversight Gaps as 2026 Risk

Australia’s financial regulator has identified gaps in crypto oversight as a key risk, as the government advances long-awaited digital asset licensing laws.

By Julia Sakovich Published: Updated:

Australia’s corporate regulator has placed regulatory gaps around crypto firms on its 2026 risk outlook, warning that fast-growing digital asset platforms are operating at the edge of existing rules. The Australian Securities and Investments Commission said the gaps expose consumers to unlicensed advice and misleading conduct, complicating enforcement.

The warning comes as Canberra advances the Corporations Amendment (Digital Assets Framework) Bill 2025, which would require crypto custody and trading platforms to hold an Australian Financial Services Licence. The proposed regime aims to bring digital asset businesses under clearer supervisory boundaries while strengthening consumer protections across custody and exchange services.

ASIC said some firms are deliberately remaining outside regulation, increasing uncertainty for markets and investors. Industry experts argue clearer licensing definitions and expanded regulatory sandboxes could balance innovation with oversight, positioning 2026 as a pivotal year for Australia’s broader technology and financial regulation agenda.

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