ASX Request Forces Public Gaming Firm to Spin Out New ICO Startup

ASX Request Forces Public Gaming Firm to Spin Out New ICO Startup

Game maker iCandy Interactive has altered its plans to launch a cryptocurrency following talks with the Australian Securities Exchange (ASX). According to an ASX announcement , iCandy had planned to develop the token – called "NOX" – itself, as a means to add functionality to a new gaming content marketplace. However, after a discussion with the ASX, during which iCandy’s securities were suspended from quotation on the exchange, the firm said it has decided to no longer have any role in developing or managing either marketplace or token. With the ASX potentially considering the activities a change of direction […]

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