Australia’s Financial Watchdog Expands Team to Better Regulate Crypto
CryptoAustraliens Finanzaufsicht erweitert Team zur besseren Regulierung von Krypto09/22/2022Bitcoin Ethereum Nachrichten Australian Securities and Investments Commission (ASIC) increased the size of its crypto team, The Guardian Berichte, after the popular blockchain shifted from a Nachweis der Arbeit (PoW) zu a Pfandnachweis (PoS)-System. The change has prompted U.S. Security and Exchange Commission Chairman Gary Gensler to Zustand that PoS-based tokens could be classified as securities. Ethereum ist unter erneute Prüfung nach letzter Woche fusionieren event, as the ASIC looks set to decide on whether the markets second-largest cryptocurrency is subject to its oversight. Should ASIC decide to bring PoS tokens like Ethereum, Cardanound Solana under its remit, crypto exchanges could be forced to either delist them or start complying with more stringent regulatory requirements. This would include applying for financial services licenses and showing that these platforms also hold significant liquidity in reserve. Such a move might force some crypto firms to adjust their operating models, as even Halteseil, the markets largest stablecoin, has been gemischt in controversy over its alleged failure to hold enough dollar reserves to back its stablecoin. While the regulator hasnt yet issued a final decision, its executive director for markets, Greg Yanco, told The Guardian that ASIC will not be a “cheerleader for