Australian Securities Regulator Puts Brakes on Bitcoin IPO
An Australian cryptocurrency firm is facing fresh delays on its road to debuting on the Australian Securities Exchange.
Bitcoin Group Ltd has once again been forced to delay its public listing on the Australian Securities Exchange, despite its recent IPO.
Australian bitcoin mining firm Bitcoin Group is expected to make its long-awaited debut on the Australian Securities Exchange next month.
Bitcoin Group is returning $5.9m, it raised from investors after the Australian Securities Exchange (ASX) said the firm needed to raise more capital.
Australian bitcoin firm Bitcoin Group is hiring a bitcoin expert after the country's top regulator raised concerns about its forthcoming IPO.
Bitcoin Group is to make its third attempt to IPO this November, following two stop orders from the Australian Securities and Investments Commission.
The Australian Securities and Investments Commission (ASIC) has banned a bitcoin company from issuing statements on its proposed initial public offering (IPO) until a formal prospectus has been lodged. The ban was imposed following a post by Melbourne-based Bitcoin Group on social media platform Wechat to gauge interest from investors if the company were to be listed on the […]