March 16, 2026 — Australia’s financial regulator has issued a stark warning to young investors about relying on social media influencers and artificial intelligence for financial guidance. The alert follows a study revealing nearly one-quarter of Generation Z Australians now own cryptocurrency, with many making investment decisions based on unverified online sources. High Trust in […]
MELBOURNE, Australia — March 12, 2026: Australia’s top financial technology regulator has delivered a innovative assessment that could reshape global cryptocurrency regulation. Rhys Bollen, the fintech chief at the Australian Securities and Investments Commission (ASIC), declared at Wednesday’s Melbourne Money & Finance Conference that cryptocurrency represents “just finance with new plumbing.” His position paper argues […]
MELBOURNE, AUSTRALIA — March 15, 2026: Australia’s securities regulator has declared cryptocurrency and blockchain technologies as merely “finance with new plumbing,” advocating for a radical departure from crypto-specific legislation. Rhys Bollen, the fintech chief at the Australian Securities and Investments Commission (ASIC), presented this original position at the Melbourne Money & Finance Conference today, arguing […]
MELBOURNE, Australia — March 12, 2026: Australia’s securities regulator has fundamentally rejected treating cryptocurrency as a separate asset class, with the Australian Securities and Investments Commission’s (ASIC) fintech chief Rhys Bollen declaring that “crypto is just finance with new plumbing” during Wednesday’s Melbourne Money & Finance Conference. This landmark statement signals Australia’s decisive shift toward […]
MELBOURNE, Australia — May 15, 2026. Australia’s securities regulator has delivered a fundamental challenge to global cryptocurrency regulatory approaches, arguing that digital assets represent “finance with new plumbing” rather than a separate asset class requiring novel frameworks. Rhys Bollen, the fintech chief at the Australian Securities and Investments Commission (ASIC), presented this position at the […]
Sydney, Australia – January 27, 2025: In a decisive move that signals a tightening regulatory space, the Australian Securities and Investments Commission (ASIC) has formally designated cryptocurrencies and artificial intelligence as paramount risks within financial services. The regulator’s 2026 Corporate Plan, released today, outlines a strategic pivot towards confronting the structural vulnerabilities created by these […]
Sydney, Australia – May 2025: The Australian Securities and Investments Commission (ASIC) has issued a stark warning, identifying significant crypto regulatory gaps as a paramount risk to financial stability and consumer protection for the year 2026. This formal declaration marks a major moment in Australia’s approach to overseeing the rapidly converging sectors of cryptocurrency, digital […]
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