And as per the response, they only deal with regulated crypto entities, and perform KYCC assessments. KYC is serious business in the EU, and you will lose your license to do business in no time flat if you don't take it seriously.
From the announcement:
"It is also worth noting that the Company provides services to cryptocurrency firms only if they are (a) subject to regulation, (b) can demonstrate that they have AML/CFT policies in place that monitor transactions, and (c) agree to the Company performing KYCC and transaction monitoring on their customers as a compliance overlay."
ASIC has copped a lot of shit for being too reactive in recent years, I think this just shows they are trying to turn that around - not a bad thing imo.
ISX Price at posting:
$1.07 Sentiment: Hold Disclosure: Held