AFSL Digital Assets Compliance Tool.
Helps digital asset platforms assess if they must obtain an Australian Financial Services Licence under the expanded AFSL regime starting 2026.
Move the sliders or type in the form on the left — the math updates live as you go. Click Get AI verdict when you want a written analysis.
The Corporations Amendment (Digital Assets Framework) Bill 2025 (in force from April 2026) dramatically expands the Australian Financial Services Licence (AFSL) regime to include a broad range of digital asset businesses. If you run a crypto exchange, custody provider, token issuer, NFT marketplace, wallet service or operate any digital asset business in Australia or with Australian clients, you may now need an AFSL regardless of whether you offer traditional or crypto financial products. This tool instantly assesses your likely AFSL pathway, based on ASIC’s guidance (including INFO 225) and the new legislative definitions. Use it to understand if you need to apply, become an authorised representative, or upgrade your compliance systems.
Real-world scenarios
Crypto Exchange Serving AU Retail Clients
A global token exchange lists multiple altcoins, with 40% of users from Australia. It does not yet hold an AFSL.
Since April 2026, direct marketing to AU users and facilitating trades in tokens/crypto assets means it is in-scope. They must apply for an AFSL or become an authorised representative, implement compliance/reporting, and disclose all risks to clients.
NFT Marketplace Only Targeting Overseas
An NFT marketplace excludes Australian IP addresses and restricts signups to non-AU countries.
If it has robust geo-blocking and does not knowingly have AU clients, likely OUT OF SCOPE. Exception: if Australians can intentionally bypass controls, may still face compliance risk. Legal review recommended.