The corporate regulator is open to talking to disruptive, blockchain-based, crypto asset entrepreneurs – a response to industry demands for more consultation – and has called for a clearer indication from Canberra on which start-up ideas will come within its remit to provide a clearer “regulatory perimeter” for blockchain.

“We really do want to try and support new businesses that are exploring new technologies or providing new technology into our financial sector,” the Australian Securities and Investments Commission’s Cathie Armour said.