ChainCatcher news, according to Cointelegraph, the Australian Securities and Investments Commission (ASIC) has sued the Australian Securities Exchange (ASX) in federal court.ASIC accuses ASX of making misleading statements, claiming that its project to replace the Clearing House Electronic Subregister System (CHESS) trading platform with blockchain technology was "on track" for a launch in April 2023 and that it was "progressing well," when in fact the project was not proceeding as scheduled or meeting its milestones at that time. After significant delays and budget overruns, ASX ultimately abandoned the project in November 2022.

ChainCatcher news, the Australian Securities Exchange (ASX) listed company Digitalx has chosen Coinbase to provide custody and advanced trading execution services for its recently approved Bitcoin ETF "BTXX" in Australia.Through this collaboration, eligible Australian investors will be able to access Bitcoin and other digital assets through Coinbase Prime, a comprehensive prime brokerage platform, leveraging traditional fund structures.Previously, Coinbase has been recognized as a custodian by 8 out of 11 Bitcoin ETF issuers in the United States.

ChainCatcher news, according to Bloomberg, the Australian cryptocurrency fund DigitalX announced that it will list a Bitcoin ETF on the Australian Securities Exchange on July 12, with the code BTXX.It is reported that the ETF was established in collaboration with K2 Asset Management and 3iQ.

ChainCatcher news, according to data released by HODL15Capital, the first Bitcoin ETF VBTC on the Australian Securities Exchange has received $1 million in inflows.

ChainCatcher news, according to Cointelegraph, the first-day trading volume of the Australian Securities Exchange (ASX) Bitcoin ETF was $1.3 million, while the first-day trading volume of the US Bitcoin spot ETF was $4.5 billion, with an average trading volume of about $450 million per fund.

ChainCatcher news, according to unfolded. report, VanEck Bitcoin ETF was listed on the Australian Securities Exchange (ASX) on Thursday, marking the first time a Bitcoin spot ETF has been listed on a major stock market in Australia.

ChainCatcher news, as reported by Bitcoin Magazine, Australia's largest securities exchange ASX has approved its first spot Bitcoin ETF.

ChainCatcher news, according to Bloomberg, the Australian Securities Exchange ASX Ltd. has approved the listing of the VanEck Bitcoin ETF on Thursday.In addition, Sydney-based BetaShares Holdings Pty and another local company DigitalX Ltd. are also in line to list on the Australian main board.

ChainCatcher news, the Australian Securities and Investments Commission (ASIC) has revoked the derivatives financial services license of Binance Australia.After the license revocation, from April 14, Binance Australia customers will not be able to increase their derivatives positions or open new positions with Binance. Additionally, Binance Australia will require customers to close all existing derivatives positions by April 21, 2023. (Source link)

ChainCatcher news, the Australian Securities Exchange (ASX) has canceled its blockchain stock settlement and clearing system project. Since 2017, ASX has been collaborating with DLT specialist Digital Asset to utilize a blockchain platform to replace its CHESS post-trade settlement system.ASX stated, "In light of the uncertainty surrounding the solution, the CHESS Replacement capitalized software will be canceled, resulting in a pre-tax expense of $245 - $255 million in the first quarter," and added, "After further review, including consideration of findings in the independent report, we concluded that the path we were on would not meet the high standards required by ASX and the market, and significant technical, governance, and delivery challenges must be addressed." (Source link)