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Showing 381 - 390 of 409 results for "Crypto"

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 ...

DigitalX launches crypto-heavy fund

KANIKA SOOD  |  WEDNESDAY, 11 APR 2018
Listed crypto advisory firm DigitalX has launched a fund that will predominantly invest in cryptocurrencies and form part of its newly-formed funds management division led by a former Ellerston Capital portfolio manager. Its inaugural fund, DigitalX ...

Asset manager bets on blockchain for private equity audits

KANIKA SOOD  |  TUESDAY, 27 MAR 2018
A 130-year-old wealth and asset manager is using blockchain - the latest technology reshaping financial services - to speed up the auditing of private equity lifecycle events. Northern Trust is assigning blockchain nodes to audit firms, which will give ...

Australia's first OTC trading desk for digital currencies opens

KANIKA SOOD  |  TUESDAY, 13 MAR 2018
Australian crypto investors wanting to execute large digital currency trades will have an over-the-counter trading desk to go to from next week. Sydney-based Bitcoin and digital currency exchange Independent Reserve will go live with Australia's first ...

Private wealth platform appoints ASX-listed corporate adviser

ALEX BURKE  |  TUESDAY, 6 MAR 2018
... Australian Unity Trustees national manager, estate planning Anna Hacker about the implications of the global explosion of crypto investments on estate planning. She said the anonymity that comes with crypto assets makes it challenging. "It is difficult ...

FOS submission points finger at advisers

JAMIE WILLIAMSON  |  MONDAY, 5 MAR 2018
Financial advisers account for more than one-third of all serious misconduct issues identified by the Financial Ombudsman Service since early 2012. In a submission to the Royal Commission, FOS attributed 39% of serious misconduct identified in the last ...

Crypto assets rewrite estate planning

JAMIE WILLIAMSON  |  MONDAY, 5 MAR 2018
... Anna Hacker describes cryptocurrency as "a real minefield" for estate planning. She says the anonymity that comes with crypto assets makes it challenging. "It is difficult to know about such holdings unless they are disclosed. It's also virtually anonymous ...

SMSF trustees warned on non-compliant crypto

JAMIE WILLIAMSON  |  THURSDAY, 1 MAR 2018
... the fund and put it into their exchange account, breaching the SIS Act. It's what I call driving into the pothole of the crypto road - they've done it purely because they want to get involved in the craze and haven't thought about the ramifications," ...

Crypto hype drives new partnership

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2018
... fund, but to ensure they are compliant if they do invest," Long said. "One of the most difficult aspects of accounting for crypto-currency in an SMSF portfolio is meeting the audit requirements." She added that Bitcoin Trader provides SMSF accountants ...

SEC cracks down on fee transparency

KARREN VERGARA  |  FRIDAY, 9 FEB 2018
The US Securities and Exchange Commission (SEC) announced it will crackdown on financial product providers' fee disclosures the year ahead in a bid to protect mum and dad investors. The SEC made it clear that one of its main priorities this year is ...