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Showing 201 - 210 of 240 results for "Cryptocurrency"

ASIC takes action against former AMP adviser

HARRISON WORLEY  |  THURSDAY, 5 DEC 2019
... investor funds for their own use, including "substantial" payments to friends and family and "the promotion of cryptocurrency". ASIC has obtained interim orders to appoint receivers to MyWealth Manager Financial Services, restrain the assets of the defendants ...

China backs blockchain, Bitcoin soars

ELIZA BAVIN  |  TUESDAY, 29 OCT 2019
... according to a report from the country's official Xinhua News Agency. The comments come after China banned all cryptocurrency and Initial Coin Offerings in 2017, with the nations' central bank, the People's Bank of China (PBOC), working on its own digital ...

Fintech off to slow start in 2019: KPMG

KRISTI CHENG  |  TUESDAY, 6 AUG 2019
... likely to increase as these platforms look for ways to survive and gain market share. Facebook's introduction of its cryptocurrency, Libra, revived interest in cryptocurrencies, with a number of global companies buying into it though there are still ...

Beware tech firms in financial services

ELIZABETH MCARTHUR  |  MONDAY, 24 JUN 2019
... their large customer bases. The warning comes after Facebook launched its own digital wallet and blockchain powered cryptocurrency as part of a new financial services subsidiary for the company called Calibra. Risks identified by the BIS include financial ...

Facebook to launch own currency

HARRISON WORLEY  |  WEDNESDAY, 19 JUN 2019
The social media giant revealed plans for its first financial services product, a digital wallet and its own cryptocurrency. Facebook is set to launch its own digital wallet in 2020, to allow people to access and participate in the Libra network, Facebook's ...

ATO demands crypto data

ELIZABETH MCARTHUR  |  TUESDAY, 30 APR 2019
The Australian Tax Office is reminding cryptocurrency owners and traders they are required to keep records and obtaining records of between half a million to a one million individuals involved in the cryptocurrency market. The ATO announced a new data ...

Beware blockchain: ANZ

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
... Commonwealth Bank was ramping up its blockchain projects. Blockchain is a system in which a record of bitcoin or other cryptocurrency transactions are maintained across multiple computers through a peer-to-peer network. The technology that makes this ...

Adelaide to get cash-to-crypto trial

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
A global cryptocurrency exchange announced it is testing out a new way to buy bitcoin with cash, choosing Adelaide for the experiment. Binance, one of the world's largest cryptocurrency exchanges, announced the launch of Binance Lite Australia. The ...

Major US exchange to stop listing bitcoin

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAR 2019
The US cryptocurrency exchange that released the first bitcoin futures contracts has had a change of heart. Cboe Global Markets will not list any new bitcoin futures for the first time since launching them in 2017. However, it did not rule out the possibility ...

Young Aussies set lofty retirement goals

KARREN VERGARA  |  WEDNESDAY, 24 OCT 2018
... stocks. More than half (53%) are investing in ASX-listed stocks, while a quarter (27%) have holdings in property and cryptocurrency respectively. Stake chief executive and co-founder Matt Leibowitz said young Australians are redefining many industries ...