ASIC to Keep Watchful Eye on Cryptocurrencies and ICOs

[kreslik.news]

The Australian Securities and Investments Commission (ASIC) has published its corporate plan for 2018 up until 2022 today. In the report, the regulator has highlighted cryptocurrencies as a potential threat to the financial markets.

The corporate plan outlines ASIC’s vision for the financial markets in Australia and details its strategic plan to achieve it. The key changes the watchdog wants to implement in Australia is to change the behaviour around investments to produce better outcomes for investors, increase the integrity of the financial system and promote development.

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The report also outlines ... (read more)