Piper Alderman's Response to ASIC Consultation Paper 381

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ASIC's proposed updates to its guidance on digital assets, including the interpretation of the Corporations Act 2001.

Australia Finance and Banking

Steven Pettigrove,Luke Higgins,Luke Misthos

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Piper Alderman has submitted its response to ASIC's Consultation Paper 381: Updates to INFO 225 – Digital assets: Financial products and services.

The submission addresses ASIC's proposed updates to its guidance on digital assets, including the interpretation of the Corporations Act 2001 and licensing requirements for crypto-related financial services.

Authored by Luke Higgins, Jake Huang, Luke Misthos, and Steven Pettigrove, the response provides insights into the evolving regulatory landscape and advocates for a balanced approach that fosters innovation while ensuring compliance.

Click below to read the submission.

Piper Alderman's Response to ASIC Consultation Paper 381250305_PA Submission to CP 381.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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