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ASIC has accused the Australian Stock Exchange of making misleading statements about its blockchain project CHESS
The Australian Securities and Investments Commission (ASIC) has sued the country's main stock exchange, ASX, in federal court, alleging that the exchange made "misleading and deceptive" statements on its now-abandoned blockchain project. ASIC said on August 14 that the ASX's statement that the replacement project for its Clearing House Electronic Sub-Registry System (CHESS) trading platform was "on track to become operational" in April 2023 and was "progressing well" was misleading. The regulato...
2024-08-14 04:43:14
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