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ASIC’s Longo ready to pick his fights (except on crypto) – The Australian Financial Review

The new ASIC boss conceded he has no regulatory oversight of crypto assets, in large part because they cannot be classed as financial…

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ASIC is not here to eliminate risk. Risk-taking and encouraging innovation is an essential part of Australias financial system and economy, Longo said. But where industry has neglected to take its share of responsibility, ASIC will not hesitate to deploy…

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