Joe Longo – DIGIT INFO

ASIC’s Longo pledges action against certain ‘high-risk’ crypto products

DIGIT — Thu, 03 Nov 2022 06:05:24 +0000

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

DIGIT — Fri, 12 Aug 2022 05:45:08 +0000

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.

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Crypto Is Driven by Extraordinary Consumer and Investor Demand, Says Australian Regulator

DIGIT — Wed, 24 Nov 2021 02:30:17 +0000

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 securities regulator is currently working with lawmakers to develop rules for cryptocurrencies. Regulator Sees ‘Extraordinary Consumer and Investor Demand’ for Crypto Australian Securities and Investments […]

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