AXP Energy Ltd (AUNXF)

[SAMadMoney]

No its standard in ASX, its also because they were doing business with crypto

ASX’s concerns about cryptocurrency-related activities ASX has previously advised the market of its concerns about cryptocurrency-related activities in Listed @ASX Compliance Updates no 09/17 dated 30 October 2017 and no 01/18 dated 16 February 2018.

As noted in those updates, cryptocurrency-related activities raise significant legal, regulatory and public policy issues and their regulatory status in a number of overseas jurisdictions remains subject to considerable uncertainty and rapid change.


Claims that cryptocurrency-related activities are regulated or have been approved by ASX we need permission essentially... with all the crayons colored inside the lines.


essentially make sure this isn't happening:

‘Fraudulent activity is likely to exist across the range of crypto assets, but evidence suggests there are significant risks associated with ICOs, particularly around high failure rates, or fraudulent ICOs. Recent research looked at listed tokens in 2017 with data provided for those ICOs with over $50 million in market capitalization and found that 78% of these listed tokens were scams.’