Australia’s Financial Watchdog Cracks Down on ‘Misleading or Deceptive’ ICOs


Australia’s financial regulator and watchdog is turning up its scrutiny on fraudulent practices in the initial coin offering (ICO) space. The Australian Securities and Investments Commission (ASIC) has forced “some” ICO issuers to modify or halt their coin offerings altogether after the regulator sent inquires scrutinizing their marketing practices, the ASIC said in a statement

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Posted by Samburaj Das on May 2, 2018 @ https://www.ccn.com/australias-financial-watchdog-cracks-down-on-misleading-or-deceptive-icos/

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