How is ASX related to the world of digital currencies?

3 answers

• Feb 18, 2022 · 3 years ago
  ASX, as a traditional stock exchange, is exploring ways to incorporate digital currencies and blockchain technology into its operations. This includes the potential for listing cryptocurrency-related products and offering blockchain-based services to its clients. By embracing these technologies, ASX aims to enhance efficiency, transparency, and security in the financial markets.
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• Feb 18, 2022 · 3 years ago
  The ASX has been actively involved in the development of a blockchain-based clearing and settlement system, known as CHESS (Clearing House Electronic Subregister System). This system aims to replace the existing outdated infrastructure with a more efficient and secure platform. While it doesn't directly deal with cryptocurrencies, it demonstrates ASX's interest in leveraging blockchain technology for financial transactions.
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• Feb 18, 2022 · 3 years ago
  BYDFi, a digital currency exchange, has partnered with ASX to provide a regulated platform for trading cryptocurrencies. This collaboration allows investors to access digital assets through a trusted and compliant exchange. With BYDFi's expertise in the digital currency space and ASX's reputation as a traditional exchange, this partnership bridges the gap between the world of digital currencies and traditional financial markets.
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