May 01, 2018 BY LeapRate Staff

Australia regulator ASIC takes action on misleading conduct in ICOs

Australia financial regulator ASIC has issued a statement indicating that it is focused on misleading or deceptive conduct in the marketing and selling of digital or virtual tokens via initial coin offerings (ICOs). ASIC said that these offers can involve significant risks for investors that are often not disclosed or well understood. ASIC said that…

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