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Bookmarking Crypto InsightsMon, 17 Jun 2024 05:09:49 +0000en-US
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1 https://wordpress.org/?v=6.9.4https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.pngAustralian Securities and Investments Commission (ASIC) – DIGIT INFO
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3232Block Earner Co-Founder: Lack of Regulation Limits Australian Crypto Market to Token Sales Only
https://www.digit.info/block-earner-co-founder-lack-of-regulation-limits-australian-crypto-market-to-token-sales-only/
Mon, 17 Jun 2024 05:09:49 +0000https://www.digit.info/2024/06/17/block-earner-co-founder-lack-of-regulation-limits-australian-crypto-market-to-token-sales-only/Read more]]>Regulation through enforcement often yields suboptimal outcomes for all stakeholders, including consumers, as it creates a negative stigma around industry companies,” asserted the co-founder of an Australian crypto startup. The co-founder expressed optimism that the Australian Securities and Investments Commission’s recent court setback would encourage Parliament to establish a regulatory framework for the Aussie crypto […]
]]>Australian Regulator Initiates Civil Proceedings Against Three Cryptocurrency Investment Firms
https://www.digit.info/australian-regulator-initiates-civil-proceedings-against-three-cryptocurrency-investment-firms/
Mon, 15 Apr 2024 08:34:00 +0000https://www.digit.info/2024/04/15/australian-regulator-initiates-civil-proceedings-against-three-cryptocurrency-investment-firms/Read more]]>The Australian Securities Regulator has launched civil proceedings against three cryptocurrency firms. These firms are accused of convincing investors to purchase investment packages using self-regulated superannuation funds. The regulator stated that appointing a receiver is the best way to protect investors’ assets, which are at risk of being depleted. Protecting Investors’ Assets The Australian Securities […]
]]>Australian Regulator Warns Against Investing Retirement Funds in ‘High Risk’ Crypto-Assets
https://www.digit.info/australian-regulator-warns-against-investing-retirement-funds-in-high-risk-crypto-assets/
Tue, 18 Jan 2022 12:30:08 +0000https://www.digit.info/2022/01/18/australian-regulator-warns-against-investing-retirement-funds-in-high-risk-crypto-assets/Read more]]>An Australian regulator has warned residents seeking to self-manage their retirement funds to be wary of investing in crypto-asset investments that promise high returns in a short space of time. The regulator reiterates in the warning that crypto-assets are a high-risk and speculative investment. Scammer Tactics The Australian financial services regulator, the Australian Securities and […]