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ASIC calls for closer engagement, but crypto industry says rules are unclear – Cointelegraph

Aussie crypto firms claim regulations are unclear, but ASIC claims the industry isn’t engaging with it.

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The Australia Securities and Investments Commission, or ASIC, is urging local blockchain and crypto firms to engage with regulators to help them foster innovation in the region. 
Speaking at the Australia Blockchain conference on Monday, April 19, senior advisor of strategic intelligence at ASIC, Jonathan Hatch, emphasized the regulator is trying to build trust and collaborate with the crypto economy.
Panelist Kevin Saunders, the CIO of Monochrome Asset Management, stated that while the blockchain…

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