Here's a link to an article further on the topic: http://www.smh.com.au/business/markets/asic-weighs-in-on-ico-craze-20170928-gyqh4a.html
It seems that Australian issuers will need to consider the form of their ICO and exchanges may now need financial services licenses.
Yes, to legalize the framework would need licensing - same as what Japan did and what China is about to do!
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