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

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

The post Australia’s Financial Watchdog Cracks Down on ‘Misleading or Deceptive’ ICOs appeared first on CCN

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