Search

Nalezeno "asic crypto": 12

Australia took down 600 crypto scams, says AI will make it worse

19.8.2024
Australia’s financial markets regulator says due to the evolving nature of technology, it’s becoming increasingly challenging for consumers to identify fraudulent schemes

Block Earner spared penalty in regulator’s crypto yield suit

4.6.2024
The Australian federal court relieved Block Earner from paying a penalty after an Australian regulator’s legal action over unlicensed crypto yield-bearing products

Australian Regulator Initiates Civil Proceedings Against Three Cryptocurrency Investment Firms

15.4.2024
The Australian Securities Regulator has launched civil proceedings against three cryptocurrency firms. These firms are accused of convincing investors to purchase investment packages using self-regulated superannuation funds. The regulator stated that appointing a receiver is the best way...

Australian Court Sides With ASIC in a Case Pitting the Regulator Against a Crypto Startup

11.2.2024
The Australian Securities and Investments Commission (ASIC) recently prevailed in its case against Block Earner after a court ruled that the crypto startup’s product offering violated the country’s Corporations Act. The judge ruled that the ASIC had “succeeded in establishing...

Australia-Based Crypto Lender Sentenced for False Credit License Claims

21.8.2023
The Australian securities regulator recently revealed that the crypto lending platform Helio pleaded guilty to the allegation of falsely claiming to be a holder of the Australian Credit License (ACL). For admitting to committing the offense, Helio is said to have entered...

Aussie regulator flagged concerns about FTX months before collapse: Report

30.1.2023
Australia’s financial regulator raised concerns about FTX Australia not long after it began operations in March 2022, according to documents

Financial Giant State Street Sees Unwaning Crypto Demand From Institutional Investors

13.9.2022
Investment management firm State Street says that institutional clients are not deterred from investing in crypto assets despite price declines. “There is a belief that the asset class is here to stay,” a State Street executive said. State Street on Institutional Demand for Crypto...

Aussie consumer group calls for better crypto regs due to ‘lagging laws’

31.5.2022
Australian consumer group CHOICE outlined its crypto regulatory framework in a submission to the country’s Treasury calling for the new federal government to prioritize crypto in its financial services reforms

Australian Regulator Warns Against Investing Retirement Funds in ‘High Risk’ Crypto-Assets

18.1.2022
An Australian regulator has warned residents seeking to self-manage their retirement funds to be wary of investing in crypto-asset investments that promise high returns in a short space of time. The regulator reiterates in the warning that crypto-assets are a high-risk and speculative investment....