ASX News: Australian stock exchange apologises for dropping botched blockchain upgrade - 17th Nov 2022, 5:41pm

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Australia’s stock exchange has apologised for abandoning a years-long plan to upgrade its clearing and settlement system to a modern blockchain-based platform after a series of delays. The Australian Securities Exchange’s move to drop the upgrade of its clearing housing system calls time on a project that critics say has cost the country its head-start in developing a more efficient trading system. In contrast, the European Union has launched a technology pilot to trial distributed led...

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