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ASIC to Consider New Crypto Regulations

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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