Australia’s ASIC Sued ASX Over Misleading Blockchain Upgrade Claims

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ASIC sued ASX for misleading the market by stating that blockchain-based CHESS replacement project was on track in early 2022.

Australia’s corporate regulator ASIC sued market operator ASX for allegedly mishandling the blockchain-based Clearing House Electronic Subregister System (CHESS) replacement project, it said Wednesday.

ASX CEO Helen Lofthouse acknowledged the seriousness of the lawsuit filed by ASIC.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: IndiaAustralia

Topics: ASIC Claims News AUSTRALIA Sues Blockchain Upgrade Latest News Misleading ASX

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-15 @ 03:42:22 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 388 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22084129

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About BitcoinWorld

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Official Website: bitcoinworld.co.in

Update Frequency: 10 posts per day

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News Last Updated: 14 hours ago

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