The Australian regulator warned about the risks of investing in crypto assets
The chairman of the Australian Securities and Investment Commission called cryptocurrencies extremely volatile assets with a high level of risk. Following a recent statement from the Australian Department of the Treasury about strengthening oversight of cryptocurrencies, the head of ASIC, Joseph Longo, noted that one of the key tasks of the regulator is to warn the public about the risks associated with crypto assets. According to him, the popularity of cryptocurrencies among young people has…
