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ASX further delays launch of blockchain settlement system - this time due to coronavirus
The Australian Securities Exchange (ASX) has further postponed the launch of a blockchain settlement system - this time due to uncertainty related to the coronavirus pandemic. ASX initially expected the new system to go live by the end of 2020. It then delayed until April 2021, and now it has been pushed back to an unspecified later date, according to an announcement on Wednesday. In June, ASX will conduct user consultation and then finalize the new schedule, per the announcement. “In light of recent events, ASX is replanning the implementation of the CHESS [Clearing House Electronic Subregister System] replacement ... (full story)