ASIC - Xperts Studio

ASIC Finds Trillion in Funds Lack Proper Oversight

ASIC Finds $1 Trillion in Funds Lack Proper Oversight

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…

June 2, 2025 0 36Views

Crypto

ASIC Charges Former Blockchain Global Director Over Duty Breaches Linked to ACX Exchange

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…

May 28, 2025 0 83Views

ASIC Sues Former Blockchain Global Exec Over M in Unpaid Customer Claims

Exchanges

ASIC Sues Former Blockchain Global Exec Over $20M in Unpaid Customer Claims

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…

May 28, 2025 0 35Views

Regulations

ASIC Seeks High Court Ruling on Crypto Yield Products After Block Earner Win

In brief Australia’s corporate regulator is seeking High Court approval to appeal a ruling that favoured crypto firm Block Earner over the classification of digital asset yield products. ASIC is asking the…

May 21, 2025 0 34Views

Blockchain

Auradine Expands Bitcoin Mining Solutions With Advanced ASIC Chips, Cooling Systems, And Modular Megawatt Containers

Auradine Inc., a U.S.-based Bitcoin miner manufacturer, today announced it is unveiling a broadened portfolio of mining products at the Bitcoin 2025 Conference in Las Vegas, featuring high-performance ASIC chips,…

May 20, 2025 0 37Views