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Australian Securities and Investments Commission (ASIC)

Block Earner Co-Founder: Lack of Regulation Limits Australian Crypto Market to Token Sales Only

Block Earner Co-Founder: Lack of Regulation Limits Australian Crypto Market to Token Sales OnlyRegulation through enforcement often yields suboptimal outcomes for all stakeholders, including consumers, as it creates a negative stigma around industry companies,” asserted the co-founder of an Australian crypto startup. The co-founder expressed optimism that the Australian Securities and Investments Commission’s recent court setback would encourage Parliament to establish a regulatory framework for the Aussie crypto […]

Bitcoin’s price won’t ‘dramatically’ increase from here, says billionaire

Australian Regulator Initiates Civil Proceedings Against Three Cryptocurrency Investment Firms

Australian Regulator Initiates Civil Proceedings Against Three Cryptocurrency Investment FirmsThe Australian Securities Regulator has launched civil proceedings against three cryptocurrency firms. These firms are accused of convincing investors to purchase investment packages using self-regulated superannuation funds. The regulator stated that appointing a receiver is the best way to protect investors’ assets, which are at risk of being depleted. Protecting Investors’ Assets The Australian Securities […]

Bitcoin’s price won’t ‘dramatically’ increase from here, says billionaire

Australian Regulator Warns Against Investing Retirement Funds in ‘High Risk’ Crypto-Assets

Australian Regulator Warns Against Investing Retirement Funds in ‘High Risk’ Crypto-AssetsAn Australian regulator has warned residents seeking to self-manage their retirement funds to be wary of investing in crypto-asset investments that promise high returns in a short space of time. The regulator reiterates in the warning that crypto-assets are a high-risk and speculative investment. Scammer Tactics The Australian financial services regulator, the Australian Securities and […]

Bitcoin’s price won’t ‘dramatically’ increase from here, says billionaire