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Showing 71 - 80 of 290 results for %22Crypto%22

Members want super funds to adopt crypto: Survey

ANDREW MCKEAN  |  THURSDAY, 29 SEP 2022
Nearly a quarter of Australia's general populous say they'd like their super fund to include crypto, according to the second annual Swyftx Cryptocurrency survey. Among current crypto owners, this figure swells to 66%. Comparatively, last year's ...

Consultation opens on crypto regulation bill

ANDREW MCKEAN  |  MONDAY, 19 SEP 2022
Liberal senator Andrew Bragg has released a draft bill for consultation that introduces licences for digital asset exchanges, custody services, stablecoin issuers, and instigates disclosure requirements for Chinese state-owned banks that facilitate ...

Ethereum merge: What it means for crypto

ANDREW MCKEAN  |  FRIDAY, 16 SEP 2022
Ethereum's long-awaited merge has been finalised, the US$180 billion cryptocurrency's upgrade to a proof-of-stake mechanism slashing its energy consumption by 99.95%. Explaining the merge, Labrys founder and chief executive Lachlan Feeney said: "The ...

Australia ranks 40th for crypto spend

CASSANDRA BALDINI  |  THURSDAY, 15 SEP 2022
... measures where the most people are putting the biggest share of their wealth into cryptocurrency. Chainalysis' 2022 Global Crypto Adoption Index said Vietnam holds the top spot for the second consecutive year, the Philippines follows, and Ukraine sits ...

ASIC issues warning over brokers' high-risk offers

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
... result in poor outcomes in a bid to broaden their revenue base as market conditions impact investor activity. This includes crypto-assets and potentially misleading offers of 'zero' or 'low cost' brokerage, ASIC said. The regulator said ...

Online investor numbers taper out: Report

ANDREW MCKEAN  |  FRIDAY, 26 AUG 2022
... cryptocurrency permeation among active investors has grown. The report illustrates that 28% of active online investors hold crypto in their portfolio, up from 23% in November 2021. Of note, Investment Trends methodology focused on populations who'd either ...

ASIC highlights strategic priorities

CASSANDRA BALDINI  |  TUESDAY, 23 AUG 2022
... statements about fund performance and risks. Other core strategic projects will be around scams, sustainable finance practices, crypto assets, design and distribution, breach reporting, cyber and operational resilience, Financial Accountability Regime ...

Crypto asset reforms underway: Treasurer

ANDREW MCKEAN  |  MONDAY, 22 AUG 2022
... Stephen Jones and minister for competition, charities and treasury Andrew Leigh have announced that work is underway on crypto asset reforms. "The Albanese government will improve the way Australia's regulatory system manages crypto assets, to keep up ...

Assets under custody take a hit: ACSA

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
Total assets under custody in Australia dropped by more than 8% in the six months to June end, with some custodians seeing declines of more than 10%. The latest data from the Australian Custodial Services Association shows total assets under custody ...

Monochrome obtains crypto asset AFSL

ANDREW MCKEAN  |  TUESDAY, 16 AUG 2022
... managers receiving authorisation under an AFSL to offer retail investors fully regulated and direct insured exposure to crypto assets. Monochrome's responsible entity partner, Vasco Trustees has received ASIC approval to operate spot-based crypto asset ...