Australian Broadcasting Corporation

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Australia’s Consumer Watchdog Received 1289 Crypto Complaints in 2017

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The Australian Competition & Consumer Commission (ACCC) has revealed that it received more than 1,200 complaints relating to cryptocurrencies via its ‘Scamwatch’ portal during 2017. In light of the number of complaints, the Australian Securities and Investments Commission (ASIC) has issued a warning to potential investors outlining the risks associated with cryptocurrency investment. Also Read: Tesla … Read more

ICO Craze Lures Australian Investors

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The hype surrounding the profit-potential associated with initial coin offerings (ICOs) is continuing to attract participation from Australian investors. Despite the potential to incur fast losses just as easily as fast profits, many Australians appear to be dabbling with casual cryptocurrency investment. Also Read: US Regulator Warns Against Pump-and-Dumps and Advises How to Buy Crypto Australian … Read more