Aussie corporate regulator to build 'outcome-based' crypto policies
ASIC Commissioner Alan Kirkland highlighted the need to solve the “regulatory trilemma” when it comes to financial innovations — consumer protection, market integrity, and encouraging financial innovation.
The Australian Securities and Investments Commission (ASIC) will focus on desired regulatory outcomes as it closes in on building and releasing a range of regulatory reforms for the crypto sector.
ASIC Commissioner Alan Kirkland shared the body’s game plan to promote the growth of responsible financial innovation at “The Brief – Open Forum” as part of Blockchain APAC’s Policy Week on March 20.
Kirkland pointed out the need to solve the "regulatory trilemma” when it comes to financial innovations — consumer protection, market integrity, and encouraging financial innovation.
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