cryptocurrency

Financial planning

Australia needs to regulate cryptocurrency market

There are gaps in Australia’s regulation of the domestic digital assets market which will require oversight amid a renewed surge of demand for Bitcoin and other cryptocur...

Policy & Regulation

Crypto rep charged by ASIC

Former cryptocurrency promoter, John Bigatton, has been charged with operating an unregistered managed investment scheme with the investigation aided by the FBI. ...

Policy & Regulation

Use crypto to boost post-Brexit Britain

Cryptocurrencies should be used to help Britain boost its financial services sector post-Brexit, according to the chief executive of financial advisory group deVere. ...

Financial planning

Wealthy increase cryptocurrency exposure

More than two-thirds of high-net-worth individuals will be invested in cryptocurrencies in the next three years, according to a new global poll....

Policy & Regulation

ATO cracks down on cryptocurrency investors

The Australian Taxation Office (ATO) is undergoing a data matching service to ensure an estimated one million people investing in cryptocurrency are paying the right amou...

Policy & Regulation

ASIC looks to stop several retail crypto offerings

The securities regulator said it has taken action to stop several proposed initial coin offerings or “token-generation events” that target retail investors....

Funds management

Start-up launches Australia’s first index-style crypto fund

Fintech start-up CoinJar has announced the launch of the first Australian index-style cryptocurrency fund....

SMSF

Crypto exchange Cointree targets SMSF space

After identifying interest from customers wanting to purchase cryptocurrency with their super, Cointree is partnering with SMSF accounting services provider New Brighton ...

Funds management

Retail-focused crypto funds launch in Australia

The past two months have seen the local launch of a retail-focused “crypto hedge fund” from Every Capital and the “world’s first retail crypto fund” from New Dawn....

Financial planning

Crypto prices driven by investors’ mood

The prices of cryptocurrencies are driven not by any economic factors but purely by the mood swings of investors, according to the Warwick Business School....

Policy & Regulation

Blockchain still faces major hurdles, Morningstar says

While the financial services industry stands to be disrupted by blockchain, the technology is still in its infancy....

Policy & Regulation

Independent Reserve becomes regulated digital currency

Independent Reserve has become the first Australian digital currency exchange to be regulated by the Australian Transaction Reports and Analysis Centre under new regulati...

Financial planning

Cryptocurrency owners must be aware of tax changes

New cryptocurrency rules introduced today will see exchanges of the asset reported to AUSTRAC, making transactions more accessible to the Australian Taxation Office....

Financial planning

Advisers should stick to the basics when it comes to bubbles

Advisers should remain the voice of reason for their clients when financial fads occur, experts say. ...

Funds management

Regulatory scrutiny prevalent around cryptocurrencies

ETF Securities has pointed to intensifying issues around the regulatory scrutiny, liquidity, scalability and trust in the creation process and framework around cryptocurr...