Category: ASIC

Australian Regulator Gives Green Light to App-Based Retail Bitcoin Fund

Australia’s finance watchdog has given the go-ahead to a bitcoin fund aimed at retail investors. The first such fund in the country, the bitcoin offering is being launched by micro-investment app provider Raiz Invest Australia, reports The Australian Financial...

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Australian Securities Watchdog Updates Guidance on ICOs and Crypto Assets

The Australian Securities and Investments Commission (ASIC) has issued updated regulatory guidance for businesses involved with ICOs and crypto assets. Announced Thursday, the guidance details the legal obligations for cryptocurrency firms under the country’s Corporations Act, the ASIC Act...

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