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Showing 41 - 50 of 239 results for "Cryptocurrency"

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... called the design and distribution obligations when we extended fiat currency to clients, but not when we extended cryptocurrency to clients," the spokesman said. "In our view, this is an unsatisfactory position for Australian investors..." The spokesperson ...

ASIC project foils scammers' operations

MATTHEW WAI  |  MONDAY, 19 AUG 2024
... investment platform scams since July 2023. It has also seen the closure of 1065 phishing scam hyperlinks and 615 cryptocurrency investment scams, the corporate regulator revealed. The takedown follows an earlier warning on "fake news" articles and "deepfake" ...

How advisers can reap additional $2.1bn in revenue

KARREN VERGARA  |  THURSDAY, 25 JUL 2024
... housing," O'Mahoney said. Three important trends involve advising on the proliferation of digital assets such as cryptocurrency; navigating lifestyle and asset risk management strategies related to natural disasters like bushfires and floods; and ...

Kraken expands custody solution to Australia

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... Institutional will expand in Australia and the UK to offer institutional clients access to its custody solution. The cryptocurrency exchange said eligible investors in the UK or Australia can store, manage, and transfer crypto assets in Kraken Custody ...

BitConnect promoter hit with good behaviour

KARREN VERGARA  |  TUESDAY, 16 JUL 2024
... on good behaviour for three years, starting from July 12 and ending on 11 July 2027. Bigatton promoted an online cryptocurrency platform known as the Lending Platform, which traded the BitConnect coin or BCC, on social media and seminars across the country ...

Bitcoin ETF price war: VanEck, Monochrome cut costs

ANDREW MCKEAN  |  FRIDAY, 12 JUL 2024
... funds fold," he said. As previously reported by Financial Standard, Cosmos Asset Management delisted two of its cryptocurrency ETFs last year, just a few months after launching. Separately, Monochrome Asset Management announced earlier this week that ...

Australian ETF industry blazes past $200bn

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
... unlisted funds to ETFs is helping to reduce costs across investor portfolios," Vynokur said. According to Global X, cryptocurrency ETFs, including those for Bitcoin and Ethereum, have been the top performers over the past year, driven by risk-on sentiment ...

Global X cuts management fees

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... Bitcoin ETF (Cboe: EBTC) and Global X 21Shares Ethereum ETF (Cboe: EETH), effective July 1. Both Australian-listed cryptocurrency products will see a reduction from 1.25% to 0.59% per annum, which the ETF provider said would enable Australian investors ...

Block Earner dodges massive fine

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... ASIC believes should have been $350,000. While Judge Jackman determined that while Block Earner, which invested in cryptocurrency, operated an unregistered managed investment scheme (MIS) without holding an AFS Licence (AFSL) with respect to the "Earner" ...

Monochrome launches Bitcoin ETF amid first-mover dispute

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
... are structured as dual trust, where each ETF unit grants the holder an "absolute entitlement to the underlying cryptocurrency." The assets are securely stored offline in institutional-grade storage facilities with Coinbase. Notably, custody funds are ...