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- 🎤 Cheer for Your Idol · Gate Takes You Straight to Token of Love! 🎶
Fam, head to Gate Square now and cheer for #TokenOfLove# — 20 music festival tickets are waiting for you! 🔥
HyunA / SUECO / DJ KAKA / CLICK#15 — Who are you most excited to see? Let’s cheer together!
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🎵 The song you want to he - ✈️ Gate Square | Gate Travel Sharing Event is Ongoing!
Post with #Gate Travel Sharing Ambassadors# on Square and win exclusive travel goodies! 💡
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🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
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Regulatory agencies investigate the Australian exchange.
Gate News bot reported by Coindoo that the Australian securities regulator has launched a formal investigation into the Australian Securities Exchange (ASX), focusing on its abandoned Blockchain project and broader operational risks.
The Australian Securities and Investments Commission (ASIC) announced on June 16 that it has launched an investigation due to ongoing concerns about the ASX's ability to maintain a safe and stable financial infrastructure, similar to those of the Reserve Bank of Australia.
Three of Australia's most experienced financial experts have been appointed to lead the review. Their task is to examine the governance, risk controls, and system resilience of Australia's major securities exchange.
The Australian Securities Exchange (ASX) intensified its review process after canceling the highly anticipated CHESS settlement system Blockchain upgrade plan in 2022. This move led to project delays, financial losses, and widespread criticism. The Australian Securities and Investments Commission subsequently filed a lawsuit, accusing ASX of making misleading statements regarding the progress and feasibility of the project.
The investigation by the Australian Securities and Investments Commission marks a push for accountability in the broader field of the Australian securities exchange, particularly regarding core market infrastructure. The findings of the investigation could reshape the way the Australian Stock Exchange innovates in the future and how much regulation it will face.