Crypto start-up forced offshore after alleged ASX bias

Crypto start-up forced offshore after alleged ASX bias

However, attitudes of many institutions in Australia have been slow to change, with numerous crypto businesses still weathering ‘debanking’ by the big four banks. Bitcoin and Ethereum exchange-traded funds were only approved by the corporate regulator this month.This stagnation has prompted industry criticism of major gatekeepers like the ASX, with Perth microinvesting startup Bamboo also … Read more

ASX ‘bias’ forces crypto startup Bamboo to consider US listing

ASX ‘bias’ forces crypto startup Bamboo to consider US listing

A spokesperson for the ASX said the bourse was “very aware” of the growing interest and improving credibility of crypto businesses in Australia, but said it had to strike a balance to protect the interests of the overall market.“With regulatory guidance now in place for crypto ETFs, ASX is working closely with issuers and reviewing … Read more