KCN Australian regulator to evaluate blockchain
Channel: KCN News
Date: 2017-03-23

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Australian regulator looks into blockchain tech. The Australian Securities & Investments Commission (ASIC) published a report on the blockchain technology, entitled “Evaluating distributed ledger technology”. It contains certain points that regulator would put forward when checking if the application of blockchain meets necessary requirements. ASIC says that this move was caused by the intense interest shown by financial institutions and fintech firms towards the distributed ledger over the last few years. 
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