In brief - Buy and sell side participants and enablers need to
be aware of ICOs and crypto-asset regulatory requirements and
risks
The focus has returned to cryptocurrency with the recent
announcement by Facebook of its intention to establish its Libra
platform.
Coinciding with the Facebook announcement has been a broad
address from regulators and regulatory and government bodies on
initial coin offerings and cryptocurrency. The publication of this
material provides useful points of consideration as this (possibly)
new stage of the cryptocurrency lifecycle commences.
ASIC releases update on initial coin offerings and
crypto-assets
The Australian Securities and Investments Commission (ASIC) has
updated its
information for businesses on ICOs (initial coin offerings) and
crypto-assets.
