Fisco to exit crypto business, halt FiscoCoin promotions

Japanese listed company Fisco has announced its withdrawal from the cryptocurrency and blockchain business. The company will halt all promotions for its native FiscoCoin (FSCC) and has canceled a planned token burn. Fisco stated it will no longer pursue any activities to increase the value or expand the utility of FSCC. The company first entered the crypto market in 2016, operating a trading platform.