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ASIC is taking suggestions on ‘risky’ crypto asset management.

The Australian Securities and Investments Commission (ASIC) declared on Wednesday that it will seek feedback from market players on suggestions to identify acceptable crypto assets and establish good market practises for financial instruments that deal in digital currency-backed assets. The most popular cryptocurrency, Bitcoin, has had its price fluctuate drastically this year, trading around $35,500 on Wednesday after reaching an all-time high of well under $65,000 in mid-April.