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Showing 191 - 200 of 240 results for "cryptocurrency"

Disgraced lobbyist charged

ALLY SELBY  |  FRIDAY, 26 JUN 2020
... The regulator found NAC and its chief executive had portrayed the AML BitCoin as being superior to the original cryptocurrency, arguing it boasted anti-money laundering, anti-terrorism and theft-resistant technology. In reality, none of these capabilities ...

Crypto investment opportunities outright scams: ASIC

ALLY SELBY  |  THURSDAY, 25 JUN 2020
ASIC has reported an increase in investment scams during the COVID-19 pandemic, with most cryptocurrency "opportunities" in particular panning out to be outright scams. The corporate watchdog saw a 20% increase in scam reports from March to May this ...

Investment scams pry $126m from Aussie hands

ALLY SELBY  |  MONDAY, 22 JUN 2020
... particular, investment scammers targeted Facebook and Instagram users with promises of "get rich quick" schemes and cryptocurrency scams, the ACCC said. Common techniques used by scammers include promises of exclusive offers, or asking for small commitments ...

Local investment firm to list in Canada

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
... in listed equities, 9% in unlisted equities including pre-IPO, 9% in unlisted equities (blockchain) and 20% in cryptocurrency and digital assets. It plans to allow an allocation of up to 50% or more in listed equities and 50% in unlisted equities including ...

Compliance crackdown, consultations on horizon: ASX

ALLY SELBY  |  TUESDAY, 12 MAY 2020
... compliance records and indeed removing them from the official list." Another focus area of the stock exchange is cryptocurrency and initial coin offerings, Lewis said. "We've been working very hard to keep some of the nonsense that's happened ...

Raiz cuts costs, super increases

ALLY SELBY  |  TUESDAY, 28 APR 2020
... the Raiz bundll card and the upcoming launch of the Raiz Sapphire portfolio, being the first portfolio to have cryptocurrency exposure with a 5% target weighting for Bitcoin," Lucas said. "The customer response to Raiz Sapphire has been very encouraging ...

Bitcoin bonanza amid COVID-19 crisis

ALLY SELBY  |  MONDAY, 27 APR 2020
... contracts in December 2017." While the SEC has blocked applications to launch Crypto ETFs in the US, one of the largest cryptocurrency asset managers in the world, Grayscale, has reported that 88% of its inflows in the March 2020 quarter were from institutional ...

Increased customers, incoming crypto: Raiz

ALLY SELBY  |  MONDAY, 20 APR 2020
... businesses contract, mobile investment platform Raiz has seen an influx of customers as it prepares to launch a cryptocurrency product. In the first three months of 2020, Raiz saw an increase of 3741 customers, despite global market volatility and macro ...

Blockchain startup raises $68m, ordered to return funds

ALLY SELBY  |  FRIDAY, 21 FEB 2020
... startup told investors it would use the funds to develop a digital trading platform and a data marketplace for cryptocurrency-related data. The company also planned to use the funds to develop a marketplace for other types of data as well, dubbed the ...

RBA crushes hopes of Libra launch

ALLY SELBY  |  FRIDAY, 10 JAN 2020
The Reserve Bank of Australia will not allow tech giant Facebook to launch its cryptocurrency Libra in Australia until all risks and regulatory requirements have been mitigated. And even if these regulatory requirements were met there wouldn't be ...