Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 296 results for "Crypto"

Bitcoin halving won't bring immediate price rise

ELIZA BAVIN  |  MONDAY, 22 APR 2024
... coded to occur every 210,000 blocks and halves the reward Bitcoin miners get, ensuring a supply cap of 21 million Bitcoin. Crypto.com chief operating officer Eric Anziani said reducing miner's profits will result in fewer Bitcoin coming to market but ...

ATO targets crypto investors, sharing economy

KARREN VERGARA  |  WEDNESDAY, 17 APR 2024
... Cryptocurrencies include coins, tokens, and non-fungible tokens (NFT). Investors must declare staking rewards, which is income paid to crypto owners who hold tokens to validate transactions on the blockchain, and airdrops, which is the distribution of ...

Blockchain mining companies sued by ASIC

ANDREW MCKEAN  |  MONDAY, 15 APR 2024
ASIC has taken legal action against three blockchain mining companies - NGS Crypto, NGS Digital, and NGS Group - along with their sole directors Brett Mendham, Ryan Brown and Mark Ten Caten. The corporate regulator has accused the NGS companies of targeting ...

Global Alternative Funds names managing director

ELIZABETH FRY  |  MONDAY, 15 APR 2024
Oak Hill Advisors executive Signe Brandt has left the T Rowe Price-owned subsidiary to join the rival alternative asset investor. Brandt worked at the $63 billion credit-focused Oak Hill for 13 years, building up its Australian presence. Global Alternative ...

ASIC challenges court ruling in Finder Wallet crypto case

ANDREW MCKEAN  |  THURSDAY, 11 APR 2024
... breached product disclosure requirements, and failed to comply with design and distribution obligation for its now defunct crypto-asset related product, Finder Earn. ASIC alleged that the Finder Earn product was a debenture which is essentially an agreement ...

ETF market to soar 30%: State Street

KARREN VERGARA  |  TUESDAY, 9 APR 2024
Australia's exchange-traded fund (ETF) sector is tipped to rise 30% in 2024, buoyed by passive equity and fixed income products, State Street predicts. Tim Helyar, the country head for Australia at State Street, said the forecast is based on discussions ...

Monochrome makes play to become a spot Bitcoin ETF in Australia

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
... Moreover, listing on Cboe Australia facilitates broader investor access, allowing for diversification of portfolios with crypto-asset investment products, it added. "We are proud to work with Cboe Australia to bring Monochrome's new bitcoin ETF to ...

Bitcoin investing is on the rise, but more regulation is needed

ELIZA BAVIN  |  WEDNESDAY, 27 MAR 2024
... either money, a store of value or an investment asset, up from 63% in 2022. According to research from Caleb & Brown - a crypto brokerage and asset management firm - an estimated 4.5 million Australians own some form of cryptocurrency. Caleb & Brown ...

ASIC bans director who promised 150% returns

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... services business. Creigh is the director of Panacea Capital. He operated the Panacea Capital Cryptocurrency Investment Fund (Crypto Fund) between April 2021 and June 2022. ASIC found Creigh operated the Crypto Fund while unlicensed. In addition, ASIC ...

ASIC warns it can't take action on every case of misconduct

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... doesn't mean it's not watching. Speaking at the Blockchain APAC Policy Week event, Kirkland said ASIC can only regulate crypto assets and businesses to the extent they involve financial products or services. "I want to emphasise, though, that the question ...
PREVIOUS
NEXT