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News Explorer — ASIC Forms Panel to Investigate ASX's Failed $250 Million Blockchain Project

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Jun 26, 6:18 am

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ASIC Forms Panel to Investigate ASX's Failed $250 Million Blockchain Project

The Australian Securities and Investments Commission (ASIC) has appointed a panel to investigate the Australian Securities Exchange's internal operations, focusing on governance, capability, and risk management frameworks. The inquiry follows the ASX's failed blockchain project that cost $250 million and was abandoned in 2023.

The Australian Securities and Investments Commission (ASIC) has appointed a panel to investigate the Australian Securities Exchange's internal operations, focusing on governance, capability, and risk management frameworks. The inquiry follows the ASX's failed blockchain project that cost $250 million and was abandoned in 2023.

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