June 30, 2020 ASX delays the launch of its blockchain-based clearing system until April 2022.

The Australian Securities Exchange (ASX), Australia’s primary securities exchange has delayed the launch of its blockchain-based clearing and settlement system, termed CHESS, until April 2022. Citing the effects of COVID-19 in part as a cause behind the decision, ASX has begun consulting with its users to assess whether they will also be able to keep up with the new schedule.

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