In contrast to within the U.S., in Australia, corporations require the approval of the regulator, the Australian Securities & Investments Fee (ASIC), after which the change itemizing the product. In Might, ASIC informed CoinDesk by way of an electronic mail that DigitalX Ltd., VanEck and BetaShares both had “the related licence themselves or are working with one other agency that has the requisite licence.”
