Wednesday, December 25, 2024
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Blame game rages over ASX’s failed CHESS system blockchain upgrade

Digital Asset — the New York firm responsible for Australian Securities Exchange’s now-abandoned blockchain-based clearing system — has blamed the securities exchange for dropping its blockchain plans. Meanwhile, representatives of the ASX have clapped back in statements to Cryptox, calling the claims misleading.For the last seven years, the ASX was

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Debate Rages on Whether a Digital Dollar Will Unleash Inflation

With record U.S. money printing failing to achieve much-needed economic stimulus, some observers now expect creation of a “digital dollar” central bank digital currency (CBDC) will not only speed payments to consumers but also spur inflation.The Federal Reserve has consistently undershot its 2% inflation target since the Great Recession of

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