The regulatory attitude of the current chairman of Australia's financial regulatory agency ASIC during his tenure has become a hot topic of discussion. Reports indicate that over the past five years, ASIC has adopted a relatively strict regulatory approach, which has put considerable pressure on innovative financial sectors, including the cryptocurrency industry. As this chairman is about to step down, the market has begun to speculate whether ASIC's regulatory policies will undergo adjustments.

Interestingly, in recent years, many Australian crypto companies have actively embraced compliance frameworks, attempting to operate within regulatory boundaries. But what has been the result? They have instead faced lawsuits from ASIC. This has indeed sparked industry reflection: why do legal disputes still occur when companies proactively cooperate with regulatory requirements?

From an industry perspective, Australia's crypto ecosystem needs a clear and predictable regulatory environment. The current situation seems to cause confusion among compliant companies, which may be a key issue for the next regulatory leadership to reconsider. How the new leadership will balance innovation and risk prevention remains a topic of ongoing attention.