ASIC's executive director for markets expressed that the securities watchdog will not be "cheerleaders for crypto assets" and will be turning up the heat for the entire industry.
Australia’s primary regulator of online sports betting is asking local operators to help craft rules for wagering with blockchain-based digital assets.
Australia is seeking to regulate its digital assets market through token mapping in a bid to protect consumers and reduce risks—a move planned to be overseen by the Treasury Department.
The Australian regulator surveyed 1,053 retail investors, and up to 44% noted having investments in digital currencies, which spells the growing interest in digital currencies amongst the populace.
Two regulators in Australia have jointly deployed countermeasures services offered by U.K.-based Netcraft to automatically take down websites hosting phishing and other scams on a trial basis.
The ASIC has released a new information sheet that restricts the kind of information that influencers can distribute, and it could wipe out an entire industry.
Self-managed super funds (SMSFs) are the only way that Aussies can invest in digital assets, but the ASIC is concerned that clueless investors in SMSFs are being taken advantage of.
John Bigatton is accused of operating an unregistered managed investment scheme and providing financial advice without a license to do so, contrary to the laws of Australia.
Australian Securities and Investments Commission said the scams have been falsely using celebrities, government agencies and other prominent brands without consent.
The updated ASIC guidance spells out the legal obligations cryptocurrency firms must discharge to operate lawfully in Australia.
Global Tech Exchange, a blockchain project out of Brisbane, Australia, was ordered to be shut down by the Australia Securities Investments Commission (ASIC).