Today news
About the same in other media
15.11 - 08:11
Australian Regulator Gives Thumbs Up to Bitcoin, Ethereum ETFs
Reading now: 765
The Australian Securities and Investments Commission (ASIC) has released a set of guidelines for crypto-backed exchange-traded funds (ETFs) in Australia, which could mean Australians will be able to trade bitcoin (BTC) and ethereum (ETH) ETFs in the coming months.
The new guidelines from the Australian regulator mean that ETFs that hold cryptocurrencies or related assets, such as shares of crypto mining companies, will be allowed to go live on the local stock market.
Under the new guidelines, companies interested in bringing crypto ETFs to the market will be required to adhere to a set of best practice guidelines, with custody of the digital assets highlighted as a key element.
Further, the regulator expects firms bringing ETFs to the market
Read more on cryptonews.comAbout this in other media
Bitcoin and Ethereum Move Higher, CRO Rallies cryptonews.com /3 years ago
Current Cycle Less Speculative, Users Moving Beyond Bitcoin and Ethereum - Coinbase cryptonews.com /3 years ago
Australian analyst sees huge inflows into crypto ETFs going forward ambcrypto.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
