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Showing 171 - 180 of 432 results for "Crypto"

Monochrome files for first Bitcoin ETF in Australia

ANDREW MCKEAN  |  TUESDAY, 18 JUL 2023
... Automic, Ernst and Young, CF Benchmarks, and Gemini Trust. Last year, Monochrome received ASIC approval to operate spot-based crypto asset ETFs. At the time, Monochrome chief executive Jeff Yew commented: "The regulator's approval of this license ...

The boomer boom is over: AUSIEX

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
... equity and private credit, and innovations in passive investing vehicles such as direct indexing through the introduction of crypto assets in portfolios. New technology will also be disruptive, particularly AI service enhancements. "We know that technology ...

Jones lifts adviser levy freeze, updates funding model

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... expenditure, either across a broader population or over time to recognise the wider benefits of those activities. For example, crypto assets and buy now pay later (BNPL) do not sit within the existing system of licensing, registration, and supervision ...

BlackRock Bitcoin ETF: A landmark institutional event?

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
... they need to invest in digital assets," he said. Sidelska believes this new venture is about stamping a brand name on the crypto market. "Firms across the US are likely to feel more comfortable using a product from a recognised name like Fidelity or ...

Investors trust ChatGPT for advice

KARREN VERGARA  |  MONDAY, 26 JUN 2023
An overwhelming number of investors believe ChatGPT will provide accurate financial advice, flagging they will lean on artificial intelligence as their trusted adviser in the future. According to the Investor Index study of 1100 UK investors with a ...

ASIC flags AI regulation remit

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
... small businesses, consumers, and the wider economy. "We will look at other developments in this space as well, such as crypto tech - digitisation of assets, carbon markets, FX, and lending," he said. In another example, ASIC expects to consult on expanding ...

Director charged over illegal investment scheme

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2023
A former financial adviser is facing several charges of dishonest conduct and dealing in proceeds of crime after he convinced clients to open SMSFs to invest in businesses he owned, all while operating unlicensed. Ashley Vincent Arandez fronted the ...

Coinbase sued as US crackdown continues

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUN 2023
... securities exchange when it was not registered to. It was also charged for failing to register the offer and sale of its crypto asset staking-as-a-service program. According to the SEC's complaint, since at least 2019, Coinbase has made billions of dollars ...

SEC sues Binance, chief executive

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2023
The Securities and Exchange Commission is suing the world's largest crypto exchange and its chief executive Changpeng Zhao for allegedly lying to regulators and mishandling billions of investor dollars. Binance Holdings, BAM Trading Services, BAM Management ...

ASIC issues stop orders to Saxo

CASSANDRA BALDINI  |  FRIDAY, 19 MAY 2023
Saxo Capital Markets was forced to amend its target market determinations after the regulator raised concerns. ASIC said the stop orders, handed down on Tuesday, prevented Saxo from issuing new contracts for difference (CFDs) to retail clients because ...