ASIC sees "significant number" of cryptocurrency scam concerns
By Kate Weber on Apr 23, 2021 6:55AM Calls for industry assistance to help sharpen regulation. The Australian Securities and Investments Commission (ASIC) is seeing an increasing number of complaints related to cryptocurrency scams, forcing it to deepen its understanding of blockchain technology. Commissioner Cathie Armour told a Blockchain Week 2021 event that a challenge ASIC faced is how new products, particularly cryptocurrency assets, fitted within its current regulatory framework. “We receive a lot of complaints where things aren't going righ...