A Fire Alarm Interrupted an Aussie Crypto Summit. The Symbolism Wasn't Missed by a Concerned Industry
A regulator's comment at a crypto summit sparked industry concerns that companies may look to move abroad.
Australia's crypto industry is worried after the country's securities regulator signaled an expansion of its power.
ASIC said it considers many crypto assets as financial products, adding a regulatory burden that may spur companies to move elsewhere.
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