The Australian Securities Exchange paused its years-long blockchain project to replace its settlement and clearing system, saying it plans to write-off $175M (Michael McSweeney/The Block)

Michael McSweeney / The Block:
The Australian Securities Exchange paused its years-long blockchain project to replace its settlement and clearing system, saying it plans to write-off $175M  —  – The Australian Securities Exchange (ASX) is dropping a long-in-the-making blockchain-powered replacement for its CHESS settlement and clearing system.