Australia Securities Regulator Sues ASX for 'Misleading Statements' on Failed Blockchain Project
ASIC claims that ASX's updates in 2022 saying the project was "on-track for go-live" and "progressing well" were misleading and deceptive.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Firmus seeks to raise $5B in IPO on Australian Securities Exchange
Firmus's IPO could significantly boost Australia's tech sector, highlighting the transformative potential of AI infrastructure inv...
Crypto wallet creators now have just 24 hours to alert regulators when flaws are exploited
Commercial manufacturers whose connected hardware wallets or wallet software meet the European Union's product test must now warn...
CFTC proposes rule on whistleblower awards, creating presumption of maximum payouts on smaller claims
The proposed rule could incentivize more whistleblowers to come forward, potentially increasing enforcement actions and regulatory...
Senate Republicans narrow Blockchain Regulatory Certainty Act, removing criminal protections
The revised act's removal of criminal protections may deter blockchain innovation, as developers face increased legal uncertaintie...
China’s foreign exchange regulator urges banks to promote currency hedging
Increased hedging reduces currency volatility, stabilizing profits for exporters and easing regulatory challenges for China's fina...
CLARITY Act Nears Senate Showdown: Crypto’s Long Wait for US Rules Reaches a Critical Vote
For cryptocurrency businesses waiting for Washington to settle how their industry should be regulated, the next hurdle comes down...