ASIC’s Longo pledges action against certain ‘high-risk’ crypto products
The chair of Australia’s market regulator has warned that “action will be taken” on financial product issuers who promote risky products to a wide consumer base.
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ASIC chair troubled by sheer amount of ‘risk-taking’ crypto investors
Australia's financial services regulator sees the rise in crypto investment during the COVID-19 pandemic as a cause for concern, especially among young and new investors.
Crypto Is Driven by Extraordinary Consumer and Investor Demand, Says Australian Regulator
The chairman of Australia’s Securities and Investments Commission (ASIC) says crypto is “being driven by extraordinary consumer and investor demand,” noting that “The implications for consumers are potentially huge.” The…