ASIC chair troubled by sheer amount of ‘risk-taking’ crypto investors

Cointelegraph

Published Aug 12, 2022 01:45AM ET

Updated Aug 13, 2022 04:40AM ET

The chief of Australia’s financial services regulator Joe Longo has raised the alarm over the sheer amount of people that invested in “unregulated, volatile” crypto assets during the pandemic.

Longo, chairman of the Australian Securities and Investments Commission (ASIC) made the comments in a Thursday media release for its research conducted in November 2021, which looked into investment behavior following the onset of t COVID-19 pandemic, stating:

Continue Reading on Coin Telegraph