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Showing 161 - 170 of 187 results for "Cryptocurrency"

Chief economist update: A new currency is born

BENJAMIN ONG  |  TUESDAY, 21 AUG 2018
... starting on August 20. The sovereign bolivar's exchange rate would, in turn, be anchored to the "Petro" - a cryptocurrency backed by oil. According to aljazeera.com, "each petro will be worth about $60, based on the price of a barrel of Venezuelan ...

Aussie fintech launches index-style crypto fund

HARRISON WORLEY  |  THURSDAY, 2 AUG 2018
... Currency Fund will manage and ensure of the security of crypto assets on behalf of investors, with the underlying cryptocurrency assets secured in multi-signature digital wallets which CoinJar said provide an additional layer of security. According to ...

Crypto exchange enters superannuation market

KARREN VERGARA  |  TUESDAY, 17 JUL 2018
Cryptocurrency exchange Cointree is entering the superannuation space and enabling members to set up SMSFs that invest in digital assets immediately. It is partnering with New Brighton Capital, an SMSF service provider specialising in helping members ...

Cryptocurrencies on radar but not priority: RBA

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
Cryptocurrency usage in Australia is currently not large enough to raise policy concerns for the Reserve Bank of Australia (RBA), an official from the central bank said in Sydney yesterday. The Reserve Bank has closely followed developments in the crypto ...

Aussie retail crypto fund flags broker partnership

ALEX BURKE  |  WEDNESDAY, 30 MAY 2018
A new cryptocurrency investment fund open to retail investors is entering a strategic partnership with one of Australia's largest crypto broker firms. The New Dawn Fund was launched in April and is led by managing director Rob Dey, who was previously ...

Commonwealth Bank CFO resigns

JAMIE WILLIAMSON  |  MONDAY, 14 MAY 2018
... president and chief operating officer of Block.one; publisher of EOSIO blockchain software and seller of the EOS cryptocurrency. Jesudason had only been in the role since June 2017, when he replaced the long-serving David Craig. The bank also named current ...

ASIC tightens grip on ICO issuers

KANIKA SOOD  |  WEDNESDAY, 2 MAY 2018
... ICO does not involve a financial product. A week before ASIC acquired its ACCC powers, Australia's first laws for cryptocurrency service providers were announced. AUSTRAC's new suite of cryptocurrency laws will regulate digital currency exchange providers ...

New manager raising $30m for crypto fund

ALEX BURKE  |  WEDNESDAY, 18 APR 2018
... launched by tech veterans is seeking to raise $30 million for one of Australia's first funds dedicated exclusively to cryptocurrency investments. Anti Hero Capital, whose managing partners also founded tech agency M5859, are launching the fund to wholesale ...

Cryptocurrency service providers now regulated: AUSTRAC

HARRISON WORLEY  |  THURSDAY, 12 APR 2018
AUSTRAC has implemented the first laws for cryptocurrency service providers operating in Australia as the financial intelligence agency looks to mitigate criminal risk in the sector. AUSTRAC's new suite of cryptocurrency laws will regulate digital currency ...

Private wealth platform appoints ASX-listed corporate adviser

ALEX BURKE  |  TUESDAY, 6 MAR 2018
... blockchain consulting, software solutions and ICO support. Bankorus allows HNW investors with multiple ways to access cryptocurrency using traditional assets. Investors can, for example, "tokenise" illiquid assets such as real estate holdings, and borrow ...