The agency said in its Wednesday statement, “the definition of financial product was drafted in a broad and technology-neutral way, and ASIC believes it is in the public interest to clarify this.” It added that the issue has implications beyond crypto and is essential to all financial products and services due to the law’s broad, technology-neutral drafting.
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U.S. crypto regulations could see major changes under Trump. Tether & WAX co-founder William Quigley explains what new policies mean for digital assets, banking, and regulatory oversight.
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🕹️ Come play games in the Farcade!
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