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Showing 401 - 410 of 432 results for "Crypto"

Commonwealth Bank CFO resigns

JAMIE WILLIAMSON  |  MONDAY, 14 MAY 2018
Commonwealth Bank chief financial officer Rob Jesudason has resigned with immediate effect after less than 12 months in the role. Jesudason is relocating to Hong Kong after being appointed as group president and chief operating officer of Block.one ...

ASIC tightens grip on ICO issuers

KANIKA SOOD  |  WEDNESDAY, 2 MAY 2018
... On 19 April 2018, ASIC was delegated powers from the Australian Competition and Consumer Commission (ACCC) to regulate crypto-assets under the Australian Consumer Law. ASIC can now take action against misleading or deceptive conduct in marketing or selling ...

New manager raising $30m for crypto fund

ALEX BURKE  |  WEDNESDAY, 18 APR 2018
... fund to wholesale investors after following developments in cryptocurrencies since 2013. The firm is aiming to demystify crypto as an asset class and steer the conversation away from being entirely about bitcoin. Speaking to Financial Standard, managing ...

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 ...