Australian regulators investigate ASX's failed blockchain project, expert panel to submit report by March next year.

[Coin World][Australian Securities and Investments Commission Appoints Expert Panel to Investigate ASX's Failed Blockchain Project Worth Over $160 Million] The Australian Securities and Investments Commission (ASIC) has appointed a panel of three experts to investigate the Australian Securities Exchange (ASX). The investigation was prompted by ASX's abandonment of its seven-year, $163.1 million Blockchain project, which aimed to replace its CHESS clearing system. The panel, led by veteran banker Rob Whitfield, is required to submit a report to ASIC by March 31 of next year.