Could you please elaborate on the role and functions of the Australian Securities and Investments Commission (ASIC) in relation to digital currencies and blockchain technology? Specifically, how does ASIC regulate this space and what measures does it take to protect investors and consumers from potential risks and scams in the
cryptocurrency market?
7 answers
EnchantedPulse
Wed Aug 21 2024
The ASD's primary function is to gather foreign signals intelligence, which enables it to stay informed about potential security risks.
Bianca
Wed Aug 21 2024
Additionally, the organization focuses on cyber security, implementing robust measures to protect Australia's digital infrastructure.
KatieAnderson
Wed Aug 21 2024
The Australian Signals Directorate (ASD) plays a pivotal role in safeguarding Australia from various global threats.
BusanBeautyBloom
Wed Aug 21 2024
Offensive cyber operations are also a part of ASD's mandate, allowing it to take proactive steps against cyber adversaries.
Riccardo
Wed Aug 21 2024
It operates under the guidance of the Australian Government, adhering strictly to its directives.