Every Zipp story tagged #ASIC, newest first.
The three proposed models could sharply widen the cost gap between exchanges using independent custodians and those holding customer assets themselves.
The framework would bring exchanges and custodians closer to traditional financial standards, with customer asset safeguards and trading transparency at its core.
The proposal would extend leverage, margin and negative-balance protections to qualifying digitally settled contracts while keeping existing safeguards in force until 2037.
The three-month extension is the final buffer: after Oct 1, firms without authorization lose ASIC's no-action shield and face civil or criminal penalties up to 10% of annual turnover.
Fines of up to 10% of annual turnover await crypto firms that miss ASIC's September 30 deadline, the first of several regulatory pinch points as Australia's digital assets framework takes effect in…
Yepbit has no Australian Financial Services Licence and is not registered on AUSTRAC's VASP register, yet it told trapped investors that ASIC itself had frozen their money.
The order is one of the largest disclosed ZEC ASIC commitments of the cycle, and it lands against a token down roughly 30% from its May local high.
Two solo blocks in eight hours of hashing at roughly one terahash per second against roughly 1-in-18,000-year odds, on a device that draws less power than a light bulb.
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