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Showing 101 - 110 of 422 results for "Crypto"

ASIC cancels AFSL of foreign exchange contracts issuer

ELIZA BAVIN  |  THURSDAY, 5 SEP 2024
... in value of an underlying asset, such as foreign exchange rates, stock market indices, single equities, commodities or crypto assets. ASIC found FXOpen AU's failure to comply with its core obligations as an AFS licensee warranted the cancellation to ...

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
ASIC has won its case against Bit Trade, the operator of Kraken in Australia, after the crypto exchange was found to have not complied with design and distribution obligations when offering a margin trading product to its customers. Bit Trade's ...

State Street partners with Taurus to expand digital asset services

MATTHEW WAI  |  WEDNESDAY, 21 AUG 2024
State Street Corporation announced a strategic agreement with Taurus, a digital asset platform, to deliver new digital asset capabilities to State Street Bank and institutional investors. The agreement will add tokenisation and digital custody services ...

ASIC project foils scammers' operations

MATTHEW WAI  |  MONDAY, 19 AUG 2024
A year into its investment scam disruption project, ASIC has taken down more than 7300 phishing and investment scam websites. This includes the removal of 5530 fake investment platform scams since July 2023. It has also seen the closure of 1065 phishing ...

Institutional investors embracing crypto: GDF

MATTHEW WAI  |  FRIDAY, 2 AUG 2024
... pointing to Securities and Exchange Commission's recent approval of spot Bitcoin ETPs as the floodgate. "This is the year of crypto going institutional with our research showing most firms are handling Bitcoin in some shape or form, and that is also ...

How advisers can reap additional $2.1bn in revenue

KARREN VERGARA  |  THURSDAY, 25 JUL 2024
Financial advisers are poised to generate $2.1 billion in new revenue over the next five years and add nearly 500,000 clients to their books if they are proactive in managing seven key factors, Deloitte Access Economics says. Despite the enormous regulatory ...

SEC gives final approval for Ethereum ETFs

ELIZA BAVIN  |  TUESDAY, 23 JUL 2024
... currency industry. "Given the SEC sign-off required to launch, these advisors can for the first time consider a second crypto asset ETH, without having to worry about regulatory uncertainty or future regulatory ramifications," they said. "With additional ...

Kraken expands custody solution to Australia

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... custody solution. The cryptocurrency exchange said eligible investors in the UK or Australia can store, manage, and transfer crypto assets in Kraken Custody from today. Kraken Custody will allow investors to trade cryptocurrencies while funds remain ...

BitConnect promoter hit with good behaviour

KARREN VERGARA  |  TUESDAY, 16 JUL 2024
The promoter of BitConnect who pleaded guilty to spruiking a fraudulent scheme has been handed a good behaviour order and escaped jail time. The District Court of New South Wales ordered John Bigatton on good behaviour for three years, starting from ...

Bitcoin ETF price war: VanEck, Monochrome cut costs

ANDREW MCKEAN  |  FRIDAY, 12 JUL 2024
... achieve for investors and said it "proudly stands" as the first and only Bitcoin ETF in Australia licenced under a retail crypto asset AFSL authorisation. "These crypto-centric investor protection rules were put in place to safeguarding investors from ...