ASIC Seeks 10-Year Extension of CFD Restrictions, Including Digital Asset Settlement

ASIC is proposing to keep its retail CFD (contract for difference) protections in force until 2037 and widen the rules so that products settled with digital assets are treated the same way as other CFDs. The Australian Securities and Investments Commission has opened a four-week consultation on changes to its product intervention order, which is due to expire on 23 May 2027. If approved by the minister, the revised order would remain in place for another 10 years unless withdrawn earlier. A key change would bring CFDs settled through transfers of digital assets within the regime.