ASIC President: I'm not against cryptocurrency, I want to end bad behavior

2022-1-20 07:47
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Australian Securities and Investments Commission Chairman Joseph Longo said on January 20 that people should be careful not to invest all their money in cryptocurrencies. Longo also clarified that Australia's top financial regulator wants to root out bad behavior, not against the cryptocurrency market. Managing the cryptocurrency market is difficult because many functions are not classified as "financial instruments". He also noted the growth of cryptocurrency fraud in Australia. (U.Today)

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