In brief
ASIC has accused Bitget of offering unlicensed crypto futures to Australians, lacking an AFS licence and bypassing investor protections.
Bitget’s products offer up to 125x leverage, far above ASIC’s 2:1…
Australia's
financial watchdog has issued urgent warnings about two separate but related
threats targeting the country's $4 trillion superannuation system, as scammers
exploit both high-pressure sales tactics and fake government websites to steal
retirement…
In brief
Australia’s corporate regulator has appointed a three-member expert panel to investigate the ASX.
The inquiry comes after the exchange scrapped its seven-year, $163.1 million blockchain project to replace its CHESS…
Australia's
market watchdog has asked the Federal Court to appoint receivers to Australian
Fiduciaries Limited and 30 related companies after the collapse of investment
schemes that attracted around $160 million from approximately 600…
Beyond Aggregation: Building the Liquidity Infrastructure with B2CONNECT
Beyond Aggregation: Building the Liquidity Infrastructure with B2CONNECT
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EC Markets secured a key license that allows it to operate fully in the country’s tightly controlled financial sector. The Securities and Commodities Authority (SCA) of the
UAE has issued EC…
Australian
FX and CFD brokers holding Australian Financial Services (AFS) licenses are
under renewed pressure from the Australian Securities and Investments
Commission (ASIC) to ensure all information on the Financial Advisers Register
(FAR) is…
Australia's
financial market watchdog has uncovered significant compliance failures across
the managed investment sector, with responsible entities overseeing nearly $1
trillion in assets failing to maintain adequate oversight plans.$1 Trillion Fund Industry Fails…
The Australian Securities and Investments Commission (ASIC) has launched a lawsuit against a former director of Blockchain Global, alleging multiple breaches of directors’ duties.The regulator initiated civil penalty proceedings against…
In brief
ASIC has filed civil charges against former Blockchain Global director Liang Guo over alleged misuse of ACX customer funds totaling over $20 million.
The regulator's investigation began in January 2024…