News: Australia's ASIC Releases Guidance On Crypto-Asset Related Investment Products

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    Oct 29 (Reuters) -

    • RELEASES GUIDANCE ON CRYPTO-ASSET RELATED INVESTMENT PRODUCTS
    • RESPONSIBLE ENTITIES THAT INTEND TO HOLD UNDERLYING ASSETS THAT COMPRISE CRYPTOASSETS WILL NEED TO HOLD AUTHORISATION FOR CRYPTO-ASSETS
    • HAS INTRODUCED A NEW ‘CRYPTO-ASSET’ CATEGORY IN THE LICENSING APPLICATION FOR RESPONSIBLE ENTITIES
    • MATTERS COVERED UNDER GUIDE INCLUDE ADMISSION AND MONITORING STANDARDS, CUSTODY OF CRYPTO-ASSETS, PRICING METHODS, DISCLOSURE/RISK MANAGEMENT
    • GUIDANCE INCLUDE ADMISSION AND MONITORING STANDARDS, CUSTODY OF CRYPTO-ASSETS, PRICING METHODOLOGIES, DISCLOSURE AND RISK MANAGEMENT
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     (([email protected];)) 
    
 
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