The Aussie crypto fund manager who is pulling in 28,000 per cent returns

The Aussie crypto fund manager who is pulling in 28,000 per cent returns

Galvin is a former JP Morgan executive, who left the investment bank in 2017 to start up DACM alongside Bitcoin veteran Gabriel Abed. The firm runs three different funds, all focused on digital assets, managing over $750 million primarily from high net worth individuals and sophisticated-investor family offices.Last Friday, the firm launched a wholesale-only offering … Read more

A quarter of Aussie crypto users plan to buy crypto Christmas gifts: Survey

A quarter of Aussie crypto users plan to buy crypto Christmas gifts: Survey

More than a quarter of Australian crypto users surveyed in October plan to use digital assets as a part of their Christmas presents this holiday season. The survey by crypto wallet and services provider Crypto.com polled 2,020 Australians aged 18-59. Of those that had used crypto over the past 12 months, 26% responded that they … Read more

Watchdog Probes Aussie Bank’s Move into Crypto

Australia, Australian Prudential Regulation Authority, Commonwealth Bank of Australia, crypto

Australia’s banking watchdog is taking a closer look into the decision by the Commonwealth Bank of Australia (CBA), the country’s largest lender, to move into crypto trading, according to Reuters and other media outlets. CBA, an Australian multinational bank with businesses across New Zealand, Asia, the U.S. and the U.K., is the first bank in … Read more

Aussie crypto companies keen to embrace regulations says senator

Aussie crypto companies keen to embrace regulations says senator

Australian Senator for New South Wales Andrew Bragg has asserted that robust regulations would “bring credibility and validity” to the country’s emerging digital asset sector.Speaking to local publication Finder on November 2, the chairperson of the Senate Committee on Australia as a Technology and Financial Centre, commented that the country’s crypto sector has shown a … Read more