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Showing 201 - 210 of 432 results for "Crypto"

HNWIs remain interested in digital assets: Report

CHLOE WALKER  |  TUESDAY, 13 DEC 2022
... the market capitalisation of digital assets following the Terra Luna collapse in May (otherwise known as the start of the crypto winter). In Australia, investors were seemingly undeterred by the crash, with 24% of those surveyed prior to May 12, describing ...

BlockFi files for bankruptcy, crypto contagion worsens

ANDREW MCKEAN  |  TUESDAY, 29 NOV 2022
Another multi-billion crypto exchange bites the dust, BlockFi has filed for Chapter 11 protection, commencing a restructuring proceeding to stabilise its business. As part of its restructuring, BlockFi will focus on recovering all obligations owed to ...

The game changing trends planners should know about

CHLOE WALKER  |  THURSDAY, 24 NOV 2022
According to social researcher Michael McQueen, the trends that will be game changers, not just for financial planners but for the world at large, is the acceleration of artificial intelligence, the reworking of work, and the post-millennial era. "In ...

ASIC sues crypto fintech over unlicensed advice

JAMIE WILLIAMSON  |  THURSDAY, 24 NOV 2022
ASIC is taking a fintech to court for providing unlicensed financial advice on crypto-asset products. The regulator commenced civil penalty proceedings in Federal Court against Block Earner, an authorised representative of Flash Partners and AUSTRAC-registered ...

ASIC suspends FTX Australia's licence

ANDREW MCKEAN  |  WEDNESDAY, 16 NOV 2022
ASIC has suspended the Australian financial services licence of embattled crypto company FTX. FTX entered voluntary administration on November 11, and the AFSL is suspended until 15 May 2023. However, for the time being, FTX can continue to provide ...

The great wealth transfer at risk: Research

CHLOE WALKER  |  THURSDAY, 10 NOV 2022
Young Australians are putting billions of dollars of inheritance at risk with their current money management behaviours, according to new research from Findex. The research, commissioned by Findex, explored the spending, saving, and investing behaviours ...

Thematic ETP launches lag funds flow

JAMIE WILLIAMSON  |  MONDAY, 7 NOV 2022
... in the June quarter, six were in cryptocurrencies. Just last week, Cosmos Asset Management applied to Cboe to delist its crypto ETFs after failing to attract meaningful flows.

Cosmos Asset Management delists crypto ETFs

CHLOE WALKER  |  FRIDAY, 4 NOV 2022
Just months after launching, the Sydney-based investment firm has said it intends to delist two of its cryptocurrency exchange-traded funds (ETF) on the Cboe stock exchange. In a letter addressed to Cboe, Cosmos stated that it would be applying to revoke ...

ASIC sues BPS Financial over crypto claims

CASSANDRA BALDINI  |  TUESDAY, 25 OCT 2022
... misleading, or deceptive representations and engaged in unlicensed conduct in relation to a non-cash payment facility involving a crypto-asset token called Qoin (the Qoin Facility). ASIC further alleged BPS made false, misleading, or deceptive representations ...

ASIC issues stop orders on Holon funds

CASSANDRA BALDINI  |  MONDAY, 17 OCT 2022
ASIC has placed interim stop orders on Holon's unlisted Bitcoin, Ethereum, and Filecoin funds due to non-compliant target market determinations (TMDs) just months after their launch. The regulator has prevented Holon from offering or distributing them ...