Initial coin offerings (ICO) will be a key focus for Australias corporate watchdog as it looks to update guidance on companies considering raising funds by issuing digital coins or tokens, a top official said on Thursday.
The Australian Securities & Investments Commission intends to update guidance on companies considering raising funds by issuing digital coins or tokens, stating that Initial coin offerings (ICO) will be a key focus, Commissioner John Price said on Thursday. The Commission will expand the scope of its guidance in coming weeks to include more questions and details on ICOs.
Read more:https://hype.codes/australian-regulator-come-grips-ico