Although I am not from Australia, I find this article and info provided very interesting. It shows me that basic idea behind crypto market as first really free and deregulated market probably would not be feasible to sustain, due to all scammers around it. What is your opinion on that?
it don’t look as it would be so free & unregulated, just don’t trust all the fake misleading advertising garbage
…also in above case it involves trading of regulated cfd’s part of derivatives market at least legal on the eu side, no one buys or sells anything, simply speculating on whatever underlying asset price move, better stick to hard currency’s
Thanks Oscarra for sharing your opinion on this forum. I also think that there is no possibility that crypto market would be left unregulated by government of many countries. And, I think that it would be mostly due to possibility of tax evasion through investments in crypto
“ However, the rules are not crystal clear and it is likely there will be many grey areas. So if you are unsure it is always worth referring your complaint to the Ombudsman. It is a free service so you have nothing to lose.”
One may wonder why Rules are never clear when it comes to consumer protection