60. DLT is faster than your post trade
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Simon and Sara are with Teana Baker-Taylor CMO of Coinfloor, Michele Curtoni, Director of Digital Assets, Blockchain at State Street, and Alex Hern, Technology Reporter at the Guardian to go over the biggest blockchain stories of the week. First up the panel looks at ASX's declaration that a new DLT system could save billions. The Australian Securities Exchange could save as much as $23 billion in its effort to replace its settlement system with a distributed ledger, its CEO announced Thursday. Dominic Stevens, MD and CEO of ASX believes DLT in place of Clearing House Electronic Subregister System (CHESS), would offer greater efficiency transmitting messages and accessing information. California opens up to allowing crypto political donations. The California Fair Political Practices Commission met on Thursday to discuss a number of election issues, including whether candidates for public office can accept cryptocurrencies as campaign donations. There's a blow to Bitcoin as Coinbase CEO makes a stark warning.…