The new ETFs are reportedly from Harvest Global Investments, China Asset Management and a partnership between HashKey and Bosera Asset Management.
Australia News
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Andrew Forrest’s image was used in an ad promoting crypto scams. He has another suit against Meta in a California district court.
3334ASIC launched civil proceedings against two Australian cryptocurrency firms, NGS and DCA Capital, following a collapse as investors are still owed over $160 million.
8270Australians would rather have accounts with commercial banks and keep their data away from the RBA.
1616ASIC argues a federal court judge “erred” in finding that Finder Earn was not a “debenture” — and thus compliant with Australian financial rules.
10297The Crime and Corruption Commission is calling for a reform of Queensland’s Criminal Proceeds Confiscation Act 2002 to counter the growing illicit use of cryptocurrencies in the state.
1904Although Australia already has a couple of ETPs exposed to Bitcoin, Monochrome’s spot BTC ETF will be the first to hold physical Bitcoin in its ETF, similar to the United States-based products.
5142Kraken Australia's Managing Director Jonathon Miller said institutional crypto demand is lagging in Australia, but stablecoins and the right policy moves could help it catch up.
7495The U.S. Securities and Exchange Commission wants an extra $158 million to address the “Wild West of the crypto markets.”
6801The Australia and New Zealand Banking Group alongside Chainlink Labs collaborated to connect Avalanche and Ethereum blockchain networks for on-chain settlement solutions.
16760ASIC Commissioner Alan Kirkland highlighted the need to solve the “regulatory trilemma” when it comes to financial innovations, such as consumer protection, market integrity and encouraging financial innovation.
5628The court dismissed the corporate regulator’s legal action, saying Finder Earn wasn’t a debt security and didn’t require a financial license.
5182Liang “Allan” Guo was one of three directors of a company that operated the ACX Exchange, which collapsed in 2021 and has been the subject of a federal regulator probe since last month.
4769OTCPro user Kow Seng Chai reportedly hasn’t responded to emails, calls or appeared in court since the exchange mistakenly sent him hundreds of thousands of dollars.
7984The rise in positive sentiment was skewed heavily by those aged 55 and above, where Bitcoin sentiment increased by 100%.
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