Australian Securities and Investment Commission (ASIC)

According to reports, the Australian Securities and Investment Commission (ASIC) said that it was conducting a “targeted review” of the local derivatives business of Coin An. Interpretation of this information: The announcement by the Australian Securities and Investment Commission (ASIC) about conducting a “targeted review” of Coin An’s local derivatives business has raised eyebrows in the cryptocurrency community. The regulatory body has not disclosed the reason behind the review, but industry experts believe that it could be due to concerns about the exchange’s compliance with anti-money laundering (AML) and counter-terrorism…

It is reported that according to the documents submitted to the Australian Securities and Investment Commission (ASIC), after the stakeholders signed the recovery plan on Wednesday, the Australian Cryptocurrency Exchange Digital Surge will be online again. A source said that the exchange is expected to resume trading next week. Interpretation of this information: The news that Digital Surge, an Australian cryptocurrency exchange, will be resuming operations has been making rounds lately, as per the documents that were submitted to the Australian Securities and Investment Commission (ASIC). As per sources, stakeholders…