Cryptocurrency Q&A What does the ASD do?

What does the ASD do?

Silvia Silvia Mon Aug 19 2024 | 7 answers 1602
Could you please elaborate on the role and functions of the Australian Securities and Investments Commission (ASIC) in relation to digital currencies and blockchain technology? Specifically, how does ASIC regulate this space and what measures does it take to protect investors and consumers from potential risks and scams in the cryptocurrency market? What does the ASD do?

7 answers

EnchantedPulse EnchantedPulse Wed Aug 21 2024
The ASD's primary function is to gather foreign signals intelligence, which enables it to stay informed about potential security risks.

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Bianca Bianca Wed Aug 21 2024
Additionally, the organization focuses on cyber security, implementing robust measures to protect Australia's digital infrastructure.

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KatieAnderson KatieAnderson Wed Aug 21 2024
The Australian Signals Directorate (ASD) plays a pivotal role in safeguarding Australia from various global threats.

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BusanBeautyBloom BusanBeautyBloom Wed Aug 21 2024
Offensive cyber operations are also a part of ASD's mandate, allowing it to take proactive steps against cyber adversaries.

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Riccardo Riccardo Wed Aug 21 2024
It operates under the guidance of the Australian Government, adhering strictly to its directives.

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