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Showing 1 - 10 of 192 results for "Cryptocurrency"

Global X cuts management fees

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... Bitcoin ETF (Cboe: EBTC) and Global X 21Shares Ethereum ETF (Cboe: EETH), effective July 1. Both Australian-listed cryptocurrency products will see a reduction from 1.25% to 0.59% per annum, which the ETF provider said would enable Australian investors ...

Block Earner dodges massive fine

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... ASIC believes should have been $350,000. While Judge Jackman determined that while Block Earner, which invested in cryptocurrency, operated an unregistered managed investment scheme (MIS) without holding an AFS Licence (AFSL) with respect to the "Earner" ...

Monochrome launches Bitcoin ETF amid first-mover dispute

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
... are structured as dual trust, where each ETF unit grants the holder an "absolute entitlement to the underlying cryptocurrency." The assets are securely stored offline in institutional-grade storage facilities with Coinbase. Notably, custody funds are ...

SEC approves eight Ethereum ETFs

ELIZA BAVIN  |  FRIDAY, 24 MAY 2024
... is reasonable to expect similar for ETH on its US ETP listing." Bowler said the approvals mean the profile for cryptocurrency is progressing to become more mainstream. "There are ramifications for traditional financial services as the dynamics of crypto ...

BitConnect promoter pleads guilty

KARREN VERGARA  |  MONDAY, 20 MAY 2024
The promoter of BitConnect Australia has pleaded guilty for his role in spruiking a fraudulent cryptocurrency scheme. John Bigatton promoted BitConnect, an online cryptocurrency platform that offered a financial product known as the Lending Platform ...

ASIC prevails in landmark case against BPS Financial

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
... ruling that found the latter guilty of offering 'Qoin Wallet,' a non-cash payment facility that used the 'Qoin' cryptocurrency token, without an Australian Financial Services Licence (AFSL). ASIC chair Joe Longo said this was a significant ruling as ...

Bitcoin halving won't bring immediate price rise

ELIZA BAVIN  |  MONDAY, 22 APR 2024
The Bitcoin halving event - which occurred over the weekend - has seen optimism around the cryptocurrency rise, but major price increases may take some time to shine through. The halving event is coded to occur every 210,000 blocks and halves the reward ...

ATO targets crypto investors, sharing economy

KARREN VERGARA  |  WEDNESDAY, 17 APR 2024
Cryptocurrency and the sharing economy are two hotspots the Australian Taxation Office (ATO) will target this financial year as too many investors continue to blunder their tax returns. With a horde of investors jumping on the cryptocurrency bandwagon ...

Blockchain mining companies sued by ASIC

ANDREW MCKEAN  |  MONDAY, 15 APR 2024
... asked to transfer their funds from regulated super funds to self-managed super funds (SMSFs) and convert them into cryptocurrency. Early investigations indicate that around 450 Australians invested approximately US$41 million through the NGS companies. ...

Global Alternative Funds names managing director

ELIZABETH FRY  |  MONDAY, 15 APR 2024
... spectrum, of private credit, private equity, infrastructure and venture capital. It does not invest in hedge funds, cryptocurrency or natural resources. Private equity makes up about a third of GAF's investments, with private credit, special situations ...
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