In an exclusive interview with The Australian Financial Review, Joseph Longo says Australians deserve better financial advice and protection from volatility in crypto assets.
Tash Sorensen
Seven months into the job as the country’s top corporate and securities regulator, Mr Longo said crypto, superannuation, consumer protection, and bolstering the resilience of the stock market to technology disruptions would be focus areas for 2022.The Australian Financial Review“But part of my job is to be thinking about when things go wrong with a market disruption or market event.
that bitcoin is moving more in line with stock prices than pre-pandemic, raising the risk that volatility in crypto assets transmits a shock to destabilise financial markets. “If you’re putting a big proportion of your wealth into a single investment, you really need to be careful.