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Showing 81 - 90 of 407 results for "Crypto"

Carnegie's MHC Digital, Circle target local stablecoin push

ANDREW MCKEAN  |  TUESDAY, 1 OCT 2024
... efficient access to USDC. MHC Digital Group founder and executive chair Mark Carnegie said people claim there's no use case for crypto, yet hundreds of billions move globally at a fraction of the cost of traditional payment infrastructure. "Crypto is ...

eToro acquires Spaceship, sets sights on super sector

JAMIE WILLIAMSON  |  FRIDAY, 27 SEP 2024
... users with access to eToro's multi-asset investment platform, covering equities, managed funds, ETFs, commodities, and crypto assets. eToro users will also be able to sign up to Spaceship via the eToro app. In all, Spaceship is home to about $1.5 ...

Global X launches latest global equity ETF

MATTHEW WAI  |  THURSDAY, 26 SEP 2024
Global X has brought to the Australian market the first index-based 'Growth at a Reasonable Price' ETF. The Global X S&P World Ex-Australia GARP ETF (GARP) tracks the S&P World ex Australia GARP Index, holding 250 companies, and charges a management ...

ASIC, RBA handed new financial market infrastructure powers

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
... websites, including those falsely claiming to be authorised or regulated by ASIC, fake investment trading platforms, and crypto-asset related scams. Combating investment scams is a key priority for ASIC. Since July 2023, the regulator has coordinated ...

Monochrome moves to list Ethereum ETF

ANDREW MCKEAN  |  FRIDAY, 6 SEP 2024
... (CBOE: IBTC) in June. Monochrome has noted that IBTC is the first and only ETF in the market to be authorised under ASIC's crypto asset licensing category, introduced in October 2021. This was established to ensure that responsible entities holding substantial ...

ASIC cancels AFSL of foreign exchange contracts issuer

ELIZA BAVIN  |  THURSDAY, 5 SEP 2024
... in value of an underlying asset, such as foreign exchange rates, stock market indices, single equities, commodities or crypto assets. ASIC found FXOpen AU's failure to comply with its core obligations as an AFS licensee warranted the cancellation to ...

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
ASIC has won its case against Bit Trade, the operator of Kraken in Australia, after the crypto exchange was found to have not complied with design and distribution obligations when offering a margin trading product to its customers. Bit Trade's ...

State Street partners with Taurus to expand digital asset services

MATTHEW WAI  |  WEDNESDAY, 21 AUG 2024
State Street Corporation announced a strategic agreement with Taurus, a digital asset platform, to deliver new digital asset capabilities to State Street Bank and institutional investors. The agreement will add tokenisation and digital custody services ...

ASIC project foils scammers' operations

MATTHEW WAI  |  MONDAY, 19 AUG 2024
A year into its investment scam disruption project, ASIC has taken down more than 7300 phishing and investment scam websites. This includes the removal of 5530 fake investment platform scams since July 2023. It has also seen the closure of 1065 phishing ...

Institutional investors embracing crypto: GDF

MATTHEW WAI  |  FRIDAY, 2 AUG 2024
... pointing to Securities and Exchange Commission's recent approval of spot Bitcoin ETPs as the floodgate. "This is the year of crypto going institutional with our research showing most firms are handling Bitcoin in some shape or form, and that is also ...