Australian Securities and Investments Commission

Australian Securities Watchdog Updates Guidance on ICOs and Crypto Assets

ASIC, the Australian securities regulator, has updated its guidance for businesses involved with initial coin offerings and crypto assets.

Australian Crypto Company Rapped for Paying Bounty Hunters for Glowing Reviews

Australian Crypto Company Rapped for Paying Bounty Hunters for Glowing ReviewsSecurities commissioners and trade experts have refused Australian blockchain startup Power Ledger a clean bill of ethical health after it emerged that the company paid rogue “bounty hunters” to shore up interest in its cryptocurrency. The project’s “powr” crypto has fallen 90 percent in value over the past year amidst bearish market conditions. Also read: Russian […]

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Kucoin Expands Into Australia After $3M Bitcoin Australia Deal

Ku Coin Expands Into Australia After $3M Bitcoin Australia DealKucoin is expanding into Australia after it agreed to invest $3 million in Bitcoin Australia. The deal is seen as a win-win for both cryptocurrency exchanges, each seeking to expand into its own direction – Kucoin establishing a niche in the rapidly growing Australian market. Bitcoin Australia is targeting the UK next.   Also read: As […]

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Australian Watchdog to Apply Market Rules to Crypto Exchanges

Australia's securities regulator has said it plans to apply financial market rules to crypto exchanges and closely scrutinize ICOs.

ASX Probes Penny Stock Seeking to Raise $15 Million in an ICO

The Australian Securities Exchange is questioning an IT firm behind a listed penny stock seeking to raise $15 million via a token sale.

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