Bitcoin Group postpones public listing on ASX

Investing | February 8, 2016 By:

The Bitcoin Group has once again delayed its public listing on the Australian Stock Exchange in order to provide further information about the currency to the exchange.

The shares were due to commence trading on February 2, and later it was scheduled for February 8. However, new reports suggest that the ASX listing date has now been postponed indefinitely.

The company has been seeking to become the second listed bitcoin entity in Australia. But the cryptocurrency operators have faced a series of setbacks and have now reportedly had six delays to the listing.

“Investors will appreciate that ‘block chain’ is a new technology and we are working with ASX to satisfy its request for additional information as part of the listing application process,” said Bitcoin Group.

Bitcoin Group is an Australia-based bitcoin mining company.