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@forexbrokr
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While we're nowhere near mainstream, I am comfortable with the fact that our regulator is at least giving crypto a chance to reach its potential.

The following quote from ASIC chairman Joe Longo is extremely promising:

"Mr Longo on Monday said it was not ASIC’s job to stop people from investing in cryptocurrencies, but they should be aware of the risk."

I've never heard a foreign regulator talk about taking the hard road of actually educating their citizens, rather than the easy road of outright banning.

Although that is a somewhat cherry-picked quote and we shouldn't get too comfortable thinking we're leading the charge.

ASIC is allowing the bare minimum.

Which at the moment is enough, but when you have old men in these positions saying things like this:

“Who among us can say they really understand crypto-assets, and cryptocurrencies?"

...Then you know you still have a long way to go.

Wouldn't you say its literally his job to understand crypto?

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