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Showing 61 - 70 of 162 results for "digital assets"

ASIC sues Binance over customer protection failures

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... with the conditions of its licence, and ensure that its employees were adequately trained and competent. "Many digital assets and related products are financial products under the current law," Court said. "We are consulting with the sector to improve ...

AMP defies super fund herd with Bitcoin bet

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
... 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 crypto had "become too big, and its ...

Crypto operator to fork out millions after court ruling

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
... customers." Bit Trade offered a "margin extension" product, which allowed payments to be made and repaid in either digital assets like bitcoin or national currencies, without a target market determination (TMD). The Federal Court, however, found that ...

Investors plan to continue private markets love affair

JAMIE WILLIAMSON  |  MONDAY, 25 NOV 2024
... expected to soar as well, with bfinance projecting a 200% increase in investor interest. Meantime, adoption of digital assets and cryptocurrencies remains low, with only 9% investing in them. In 2022 the figure was 8%, and 21% expected, at that time ...

Monochrome launches Ethereum ETF

ANDREW MCKEAN  |  TUESDAY, 15 OCT 2024
... investors to outsource the storage and security of their Ethereum investment to third-party providers with expertise in digital assets. The fund's crypto-asset custodians are Gemini Trust and BitGo Trust, and its administrator is State Street Australia. ...

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... Bit Trade's "margin extension" product, which allowed for margin extensions to be made and repaid in either digital assets like Bitcoin or national currencies such as US dollars, has been available on the Kraken exchange for several years without ...

State Street partners with Taurus to expand digital asset services

MATTHEW WAI  |  WEDNESDAY, 21 AUG 2024
... tokenisation and digital custody services to State Street's existing fund administration and accounting capabilities for digital assets. Under the collaboration, State Street will leverage Taurus' products to create and manage tokenised assets throughout ...

Global X names head of portfolio management

ELIZA BAVIN  |  THURSDAY, 15 AUG 2024
... October. Wolak will oversee the company's ETF product line-up across equities, fixed income, commodities, and digital assets, which represents over $7.6 billion in assets under management. Wolak will lead a team of investment professionals, overseeing ...

Institutional investors embracing crypto: GDF

MATTHEW WAI  |  FRIDAY, 2 AUG 2024
Global Digital Finance (GDF) suggests that digital assets are becoming quite popular with institutional investors. Conducting a global survey of 100 executives, GDF found almost all participants (93%) have handled Bitcoin in some shape or form. Meanwhile ...

How advisers can reap additional $2.1bn in revenue

KARREN VERGARA  |  THURSDAY, 25 JUL 2024
... generation moves beyond 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 ...