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Showing 61 - 70 of 407 results for "Crypto"

Binance Labs becomes a family office

KARREN VERGARA  |  TUESDAY, 28 JAN 2025
... development for startups," CZ said. "Rebranding to YZi Labs signifies our ambition to push the boundaries of innovation beyond crypto. With Ella's leadership, we aim to support visionary founders who are building the future in Web3, AI, and biotech." ...

SEC names acting chair, establishes crypto taskforce

ELIZA BAVIN  |  WEDNESDAY, 22 JAN 2025
... California Corporations Commissioner, the state's securities regulator. As his first order of business, Uyeda launched a crypto taskforce dedicated to developing a "comprehensive and clear regulatory framework" for crypto assets. The taskforce will collaborate ...

Trump inaugurated as 47th President

ELIZA BAVIN  |  TUESDAY, 21 JAN 2025
... Binance Australia director of community engagement James Quinn-Kumar said Trump's presidency will be a "gamechanger" for the crypto sector. "The pro-crypto stance of this new US administration is expected to catalyse further regulatory clarity, encouraging ...

Dimon 'cautiously pessimistic' on US economy

KARREN VERGARA  |  FRIDAY, 17 JAN 2025
... does not completely write it off. "We are going to have some kind of digital currency at some point. I'm not against crypto. You know, Bitcoin itself has no intrinsic value. It's used heavily by sex traffickers, money launderers, ransomware," ...

Industry breaks records for assets, flows, and product launches

ANDREW MCKEAN  |  TUESDAY, 14 JAN 2025
... exchanges, up from 56 in 2023. The industry saw net product growth of 36 funds. After a "strong year for growth exposures," crypto and technology-focused ETFs were the industry's top performing products. The Global X 21Shares Bitcoin ETF (EBTC) was ...

Bitcoin now 7th largest global asset

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
... sharp correction, wiping out US$500 billion from the market cap. Despite the correction, the Binance Australia Monthly Crypto Market Wrap found that the drive in the market throughout 2024 was a result of massive strides in mainstream adoption and "unprecedented" ...

Bitcoin returns 147%, outshines bull market

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
... cryptocurrencies like Bitcoin have operated in an environment where governments were either disengaged or openly opposed to crypto. Donald Trump's election in the US marks an historic shift for the cryptocurrency industry. For the first time, we ...

Sanlam Private Wealth breaches licensee obligations, hit with enforceable undertaking

MATTHEW WAI  |  MONDAY, 6 JAN 2025
... managed large pools of investor assets and serviced large retail client bases. Some offered online trading platforms and crypto-based investment products that posed great risks to retail clients. The corporate watchdog also identified that Sanlam failed ...

ASIC sues Binance over customer protection failures

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... protections by misclassifying them as wholesale clients. ASIC alleges from 7 July 2022 to 21 April 2023, Binance offered crypto derivative products to 505 Australian retail investors who were misclassified as wholesale clients, representing 83% of its ...

AMP defies super fund herd with Bitcoin bet

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
... digital asset. Last week, AMP senior portfolio manager Steve Flegg made public that the fund had "took the plunge" into crypto, with its exposure to digital assets now accounting for 0.05% of its total assets under management - $57 billion. Flegg said ...