Report: Cryptocurrency to Be Treated As a Prominent Trading Market in Australia31.83

The Australian Securities and Investments Commission (ASIC), has published a corporate plan that describes a vision for the country’s economic future as well as its intentions to regulate the cryptocurrency market.

The watchdog identified initial coin offerings (ICOs) as an increased risk to investors, among other upcoming financial products, but stated relevant rules and strict control mechanisms would be introduced to contain any inauspicious events.

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