ASIC said that certain crypto futures and options with fixed expiration dates would remain outside the CFD rules.
Australia’s existing framework, introduced in 2021, caps leverage and requires providers to close positions when account funds fall below specified levels. Negative balance protection also limits losses to the funds in a client’s CFD trading account.
The regulator is seeking feedback on the proposed extension and amendments until Nov. 9.
Separately, Australia passed legislation in April to bring crypto exchanges and tokenized custody platforms under its financial services licensing framework, with the new regime taking effect on April 9, 2027.
ASIC also required crypto firms relying on temporary enforcement relief under existing financial services law to apply for licenses by Sept. 30 or seek changes to their existing licenses.