PANews reported on January 27th that, according to Decrypt, the Australian Securities and Investments Commission (ASIC) has listed cryptocurrency regulatory loopholes as one of the key risks for 2026. The agency stated that rapidly growing crypto, payments, and artificial intelligence companies operating on the fringes of regulation could expose consumers to unlicensed advice and misleading practices.
This warning comes as Australia moves forward with the Companies Act Amendment (Digital Assets Framework) Bill 2025, which aims to establish the country's first regulatory framework for companies holding clients' digital assets, requiring such platforms to hold an Australian financial services license. ASIC stated that while some companies are legally operating outside the scope of existing regulations, some entities are intentionally circumventing regulations, exacerbating regulatory uncertainty.
