Australian Watchdog Will Monitor Crypto Exchanges, ICOs Under Market Rules

Australian Watchdog Will Monitor Crypto Exchanges, ICOs
Under Market Rules

Australia’s primary securities regulator is focusing efforts to keep a close eye on the cryptocurrency sector, including ICOs, as part its corporate action plan for 2018-19. Having stressed in April that it would keep an “open mind” to cryptocurrencies and initial coin offerings (ICOs) domestically, the Australian Securities and Investments Commission (ASIC) pinned harmful threats

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