Crypto start-ups call for âsafe harbourâ protections from ASIC actions Save Share Start-ups building on blockchain technology are seeking a âsafe-harbourâ to ensure the corporate regulator down the track doesnât smack entrepreneurs for breaching what are now very uncertain legal requirements. In a submission to the Senate inquiry on Australia as a finance and technology centre, Blockchain Australia said creating a short-term protection while a specific licensing regime for crypto businesses is created over the longer-term would show support for the nascent sector and stop entrepreneurs decamping to countries where laws are clearer. Blockchain Australiaâs submission to a Senate inquiry calls for clear regulatory guidance to provide confidence to build without fear of ASIC retaliation. Â