Australian Stock Exchange Quizzes Payments Firm Over Crypto, Forex Clients

Australian payments and customer authentication provider iSignthis is under the microscope of the country’s stock exchange over its business with the cryptocurrency, foreign exchange and binary options sectors.

Trading of the fintech’s shares has been suspended by the Australian Stock Exchange (ASX) following “volatility” in its share price, pending “enquiries” by the stock exchange and the Australian Securities & Investments Commission (ASIC), the markets regulator. 

iSignthis provides know your customer (KYC) solutions to financial services companies, including online trading platforms, and is authorised as an EU e-money institution in Cyprus.

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