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BTCC / BTCC Square / CoindeskEN /
Australia’s Securities Watchdog Launches Probe Into ASX Following Blockchain Project Debacle

Australia’s Securities Watchdog Launches Probe Into ASX Following Blockchain Project Debacle

Author:
CoindeskEN
Published:
2025-06-26 08:36:24
18
3

Australia’s Securities Regulator to Probe ASX After Collapsed Blockchain Project

Regulators sharpen knives after ASX's high-profile blockchain implosion.

Australia's financial overseers aren't playing nice—the ASX now faces a full-scale investigation after its ambitious distributed ledger upgrade spectacularly collapsed. The move signals growing impatience with traditional finance's clumsy blockchain experiments.

While Wall Street spends millions on 'innovation theater,' this Down Under drama proves legacy systems still can't handle crypto's disruptive potential. Maybe next time they'll just list a Bitcoin ETF instead.

|Square

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