
ASIC’s Cryptocurrency Crackdown: Will Australia’s Crypto Industry Survive?
Analysis of ASIC’s Stance on Cryptocurrency Regulation in Australia The recent remarks made by Rhys Bollen, Digital Assets Lead at the Australian Securities and Investments Commission (ASIC), have sparked controversy within the country’s crypto industry. Bollen’s comparison of Bitcoin to cigarettes used as currency in prisons highlights the complexity and potential overreach of applying Non-Cash…