Examining Australia’s Updated Regulations for ICOs and Crypto Trading – Cointelegraph

Examining Australia's Updated Regulations for ICOs and Crypto Trading  Cointelegraph

Australia’s top financial regulatory watchdog issues updated guidelines for ICOs and cryptocurrency trading. The Australian Securities and Investment Commission (ASIC) on May 30, 2019 published an updated guideline for initial coin offerings (ICOs) and cryptocurrency trading. These new guidelines are aimed at helping cryptocurrency-related businesses understand their compliance requirements vis-à-vis existing laws contained in the Australian Corporations and ASIC Acts. The ASIC’s revampled ICO and cryptocurrency trading framework does not, however, cover guidelines for other regulators like...