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Showing 91 - 100 of 100+ results for "Crypto"

SMSF trustees warned on non-compliant crypto

JAMIE WILLIAMSON  |  THURSDAY, 1 MAR 2018
... the fund and put it into their exchange account, breaching the SIS Act. It's what I call driving into the pothole of the crypto road - they've done it purely because they want to get involved in the craze and haven't thought about the ramifications," ...

Crypto hype drives new partnership

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2018
... fund, but to ensure they are compliant if they do invest," Long said. "One of the most difficult aspects of accounting for crypto-currency in an SMSF portfolio is meeting the audit requirements." She added that Bitcoin Trader provides SMSF accountants ...

SEC cracks down on fee transparency

KARREN VERGARA  |  FRIDAY, 9 FEB 2018
The US Securities and Exchange Commission (SEC) announced it will crackdown on financial product providers' fee disclosures the year ahead in a bid to protect mum and dad investors. The SEC made it clear that one of its main priorities this year is ...

SMSFs and instos driving crypto exchange growth

JAMIE WILLIAMSON  |  WEDNESDAY, 7 FEB 2018
... waiting on the sidelines are now choosing to enter the market. "Factors like the new regulation by AUSTRAC, emerging ETFs and crypto hedge funds, new bitcoin futures, and the growing mainstream acceptance of bitcoin as an asset have given institutional ...

Bitcoin bubble will burst in 2018: Survey

KARREN VERGARA  |  MONDAY, 22 JAN 2018
The latest Financial Standard spot poll result sees an end to the bitcoin bubble in 2018. About 40% of respondents are betting the days of the bitcoin phenomenon are numbered, while 29% predict Australia will lift interest rates by 25 percentage points. ...

IOSCO issues caution over ICOs

DARREN SNYDER  |  FRIDAY, 19 JAN 2018
The International Organisation of Securities Commissions warns Initial Coin Offerings (ICOs) have clear risks and are highly speculative investments. IOSCO, seen as the global standard setter for securities regulation, said ICOs are not standardised ...

Aussie crypto fund opens to wholesale investors

DARREN SNYDER  |  FRIDAY, 19 JAN 2018
One of Australia's first funds to specialise in crypto asset investments is now open to wholesale investors with its first investment planned for February 1. Apollo Capital is accepting minimum buy-ins of $50,000 and will invest in digital currencies ...

Global wealth manager champions embattled digital currencies

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JAN 2018
... cryptocurrency app, despite recent price slumps and having labelled it "a major gamble". deVere Group announced the launch of deVere Crypto which will allow users to store, transfer and exchange five major cryptocurrencies including bitcoin and ethereum. ...

Global online trading firm rolls out bitcoin derivatives in Australia

ALEX BURKE  |  THURSDAY, 11 JAN 2018
A US-based global provider of online trading services is introducing its bitcoin offering to Australian retail and institutional investors. The GAIN Capital service will allow investors to trade bitcoin as either an over-the-counter (OTC) derivative ...

Industry names team up for cryptocurrency fund

JAMIE WILLIAMSON  |  THURSDAY, 21 DEC 2017
An Australian hedge fund veteran and former ANZ executive have partnered to launch a new active cryptocurrency fund. The EKT Active Fund has been launched by Triple A Partners' Damien Hatfield and former ANZ head of global markets Steve Bellotti. The ...