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Australian securities regulator issues guidelines for crypto ETPs -Breaking

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Australia Securities and Investments Commission, (ASIC), has published its responses to public consultations on cryptocurrency exchange traded products (ETPs), along with new guidance for the industry.

The regulator was activated on Oct. 29 PublishedA set of regulations is required for crypto ETPs offered by funds, which includes exchange-traded funds, ETFs and structured products. Months of industry consultationIt was initiated in the latter part of June.