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Showing 61 - 70 of 215 results for "Digital Asset"

ASIC takes Block Earner case to High Court

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
... offering its Earner product. The Federal Court dismissed ASIC's allegations that Block Earner's variable-yield digital asset related offering "Access" was a financial product, and that Block Earner engaged in unlicensed financial services conduct ...

FTX creditors await US$5bn distribution

KARREN VERGARA  |  FRIDAY, 16 MAY 2025
... failures under Bankman-Fried's leadership in the areas of management and governance, finance and accounting, digital asset management, information security and cybersecurity. "In this report, we provide details on our findings that FTX Group failed ...

Licensees slash compliance spending: Survey

KARREN VERGARA  |  WEDNESDAY, 7 MAY 2025
An alarming number of licensees are spending less on compliance, a new survey from Holley Nethercote shows, but a slew of reforms slated within the next 18 months could catch them off guard. Out of the 179 AFS Licensees and 29 credit licensees surveyed ...

Sequoia appoints licensee, adviser services lead

ELIZA BAVIN  |  WEDNESDAY, 7 MAY 2025
Sequoia Financial Group has appointed Daryl Stout as head of licensee and adviser services, set to join the leadership team later this month. Stout will report directly to chief executive Garry Crole and will be responsible for growth, operational excellence ...

ASIC loses Block Earner case

KARREN VERGARA  |  WEDNESDAY, 23 APR 2025
... decision that it needed an AFSL to offer its Earner product and dismissing ASIC's appeal to impose penalties on the digital asset platform. Justices O'Callaghan, Abraham and Button yesterday dismissed ASIC's appeal to Judge Jackman's ...

Trump Media to launch ETFs

ANDREW MCKEAN  |  WEDNESDAY, 26 MAR 2025
Trump Media and Technology Group, the operator of social media platform Truth Social, has signed a non-binding agreement with Crypto.com to roll out a suite of branded ETFs through Truth.Fi, its financial services and fintech brand launched in January. ...

Government plans to develop 'fit for purpose' digital asset regime

ANDREW MCKEAN  |  MONDAY, 24 MAR 2025
... Chalmers and special envoy for cyber security and digital resilience Andrew Charlton have announced plans to develop a digital asset regime, aimed at providing clarity and certainty to the sector. They said this initiative would help to build a more ...

Future Group, family offices back US$100m AI-focused fund

MATTHEW WAI  |  TUESDAY, 18 MAR 2025
Future Group and a slew of family offices have invested in a venture capital fund focused on AI-driven startups. Nearing a US$100 million close, King River Capital's fund invests in AI-driven software startups disrupting traditional software as a service ...

Asian family office sets up in Melbourne

ELIZABETH FRY  |  THURSDAY, 13 MAR 2025
... has worked in asset management across all asset classes, including fixed income at Pitcher Partners and as head of digital asset trading at Bitbuy and Zerocap, both based in Melbourne. He also did a two-year stint running capital markets advisory at ...

Aussie ETF market tipped to hit $300bn in 2025

MATTHEW WAI  |  THURSDAY, 6 MAR 2025
The local ETF market is expected to see net inflows of over $50 billion this year, bringing total funds under management (FUM) to $300 billion, according to new analysis from State Street. The growth, driven by increased active strategies, expansion ...