ASIC to Consider New Crypto Regulations

ASIC to Consider New Crypto Regulations

The financial watchdog of Australia, the Australian Securities and Investments Commissions (ASIC) has revealed their plan to consider a new strategy in regulating the cryptocurrency related activities in the country. ASIC commented, “For example, the Australian Securities Exchange (ASX) is expected to replace its Clearing House Electronic Sub-Register System (CHESS) with a DLT solution by 2021.”

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