2023-7-5 11:07 |
The company, also under investigation in the U.S. and France, ceased its Australian derivatives business following regulatory warnings
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Australia’s financial regulator raised concerns about FTX Australia not long after it began operations last March, according to documents.
The fund’s responsible entity partner received unique licensure which will give investors more transparent and direct exposure to bitcoin through a spot ETF.
The Australian Securities and Investments Commission (ASIC), the country’s financial regulator and watchdog, is gearing up for the rapid growth of crypto-asset markets. Speaking to CCN, an ASIC spokesperson indicated that the regulator has identified “significant increases” in cryptocurrency trade volume recently, prompting the regulator to prepare for further expansion in the markets.
The Australian Securities and Investments Commission (ASIC), the country's financial regulator and watchdog, is gearing up for the rapid growth of crypto-asset markets. Speaking to CCN, an ASIC spokesperson indicated that the regulator has identified “significant increases” in cryptocurrency trade volume recently, prompting the regulator to prepare for further expansion in the markets.
The Australian Securities and Investments Commission (ASIC), has published a corporate plan that describes a vision for the country’s economic future as well as its intentions to regulate the cryptocurrency market.