Archive: May 7, 2018

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ASIC updates its guidance on treatment of ICO’s

ASIC updates its guidance on treatment of ICO’s

By Jim Bulling and Felix Charlesworth

On 1 May 2018, the Australian Securities and Investments Commission (ASIC) released its revised Information Sheet 225 which provides an updated guidance on initial coin offerings (ICOs). The updated report expands its scope to include guidance dealing with other crypto-currency and digital token (Crypto-Asset) businesses.

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