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As we reported before, the Australian Securities Exchange (ASX) is facing headwinds regarding its plans to develop a blockchain-based settlement system, such as public calls for the institution to reexamine its commitment to the technology. Now the venue’s new head responds to critics by making it clear he stands firm in his support for the pioneering attempt.
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In August, the ASX Board appointed Dominic Stevens as its managing director and newest CEO. He has now defended the blockchain plans, telling the Financial Times: “We are going through ... (read more)