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Showing 21 - 30 of 187 results for %22cryptocurrency%22

Crypto lender sentenced for false licence

CHLOE WALKER  |  FRIDAY, 18 AUG 2023
Melbourne-based cryptocurrency lender Helio Lending (Helio) has been sentenced to a non-conviction bond for falsely claiming that it held an Australian credit licence (ACL) when it did not. In 2019, Helio falsely represented on its website that it held ...

BlackRock Bitcoin ETF: A landmark institutional event?

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
... Further, he argues that BlackRock wouldn't pursue this venture amid current regulatory uncertainties surrounding cryptocurrency in the US market unless it was confident in its success. "BlackRock really understands the game. They wouldn't launch ...

Investors trust ChatGPT for advice

KARREN VERGARA  |  MONDAY, 26 JUN 2023
... of investors have yanked funds from their current investments. A minority of those polled (18%) are engaged in cryptocurrency.

Director charged over illegal investment scheme

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2023
... the nature of the investments to the clients, including suggesting their money would be invested in property and cryptocurrency. It's alleged he obtained about $2.5 million in total, using it for his own benefit and to pay as returns to other investors. ...

ASIC issues stop orders to Saxo

CASSANDRA BALDINI  |  FRIDAY, 19 MAY 2023
... included single stock CFDs, FX CFDs, ETFs CFDs, Index CFDs, commodity futures CFDs, bond CFDs, index option CFDs and cryptocurrency derivatives. ASIC was concerned the TMDs for Saxo's derivative products inappropriately included in the target market ...

AFCA appoints lead ombudsman, investments and advice

CHLOE WALKER  |  TUESDAY, 9 MAY 2023
... investments and advice complaints, in areas such as financial planning, derivatives, managed funds, timeshare, cryptocurrency and stockbroking," Smith said. "Shail has forged strong relationships with key stakeholders, among other things initiating a ...

Superhero launches in New Zealand

CASSANDRA BALDINI  |  TUESDAY, 9 MAY 2023
... billion financial services giant. In December, Superhero announced that due to disruption and volatility in the cryptocurrency sector, the firms agreed to unwind the merger and move forward as separate, unrelated companies. Nevertheless, Winters added ...

SVB, Signature Bank securities up for sale

KARREN VERGARA  |  WEDNESDAY, 12 APR 2023
... the NASDAQ in 2004, Signature Bank had total assets of about US$110 billion and was said to be used by several cryptocurrency companies. The FDIC was born in response to thousands of bank failures that occurred from the 1920s, acting as an independent ...

ASIC cans Binance AFSL

KARREN VERGARA  |  TUESDAY, 11 APR 2023
ASIC cancelled the financial services licence of Binance following concerns about the cryptocurrency exchange's operations in Australia. Effective April 6, the AFSL of Oztures Trading, which trades as Binance Australia Derivatives, was cancelled. From ...

New Australian digital assets bill to regulate crypto

ANDREW MCKEAN  |  THURSDAY, 30 MAR 2023
... Australia. Earlier this year, Bragg expressed concerns that the government was falling behind in the global race for cryptocurrency regulation. He criticised the government for not implementing a comprehensive licencing framework for the digital asset ...