Failed blockchain project ends with big fine for fibs about it being on track ^24.1%

The Register - By Simon Sharwood - 7/3/2026, 4:35 AM

Biased Writer Voice 19.4% - Negativity Bias 13.3% - Unattributed Quote 13.1%

The attempt by Australia’s Securities Exchange (ASX) to replace its core trading platform with a blockchain-based system has ended with an A$20.5 million fine ($14.2 million/£10.6 million), further humiliation after the project flopped. The ASX runs a platform called the Clearing House Electronic Subregister System (CHESS) to process and... more