Market Sources Noted That The Asx Has Been Tightly Monitoring...

Market Sources Noted That The Asx Has Been Tightly Monitoring Potential Crypto-Currency Capital Raisings And Floats As A Way To Weed Out The Flood Of Potential Listings That Are Seeing Entry To The Asx,

Though This Raising Would Give Investors A Way To Have Exposure To The Sector Via An Asx-Listed Vehicle.

In February, The Asx Said It Was Experiencing "Heightened Interest" From Parties Involved In Crypto-Currency Related Businesses. The Asx Said It Would Need To Be Satisfied About How And When They Will Provide A Return To Investors And Hedge The Risks, Among Other Issues.

It Also Noted Issues Related To Crypto Currencies, And Said They Were "Equally Applicable To Existing Listed Entities Wanting To Expand Their Operations Into A Crypto-Currency Related Business".


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