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’You have obligations’: ASIC cracks down on initial coin offerings

Australia’s corporate watchdog has started cracking down on "misleading or deceptive conduct" in the marketing and selling of digital tokens via initial coin offerings.

’You have obligations’: ASIC cracks down on initial coin offerings
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The Australian Securities & Investments Commission (ASIC) said late on Tuesday some companies have already halted their offerings or indicated a change in their ICO structure as a result of its inquiries.

Read the full story at Sydney Morning Herald.

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