Blockchain Plans Scrapped By Australian Stock Exchange – Here’s Why
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Blockchain technology has been sidelined by the Australian Securities Exchange (ASX), a prominent entity in the nation’s financial domain, as it departs from its original intentions of utilizing blockchain to reconstruct its software platform. This unexpected move signifies a momentous shift in the perception of a once-celebrated concept that rose to prominence alongside the growing popularity of cryptocurrencies. The decision to abandon blockchain rebuild marks a significant turning point, highlighting the challenges and limitations that have become apparent during its implementation journey. Blockchain Ditched: ASX Explores New Paths For Software Rebuild In a recent meeting (via Reuters), the ASX made
Major crypto derivatives exchange FTX has now been revealed as the naming rights sponsor of the Australian Blockchain Week 2022, the country’s largest blockchain and crypto-focused event. I’m... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author:…
Blockchain Association of Australia calls on banks to re-engage with exchanges Australian authorities are tightening control over the digital currency market. The central bank in March began asking banking institutions for information about customers and their accounts, which are used to replenish bitcoin exchanges and withdraw funds. Recently, several Australian…
Australia’s securities regulator, ASIC, has filed a lawsuit against the Australian Stock Exchange (ASX). ASIC has accused it of making misleading claims about a blockchain project. The lawsuit alleges that ASX misled the public regarding the progress of its software upgrade. Through this upgrade, ASX was intended to replace the…