Markets

ASIC has launched a new consultation on crypto ETFs – but only Bitcoin and Ethereum would be eligible under the proposed rules

The Australian Securities and Investment Commission (ASIC) is seeking input on rules which could see cryptocurrency exchange traded funds hit the ASX for the first time. A new consultation paper, released Wednesday, aims to address whether crypto-assets are stable and secure enough to be treated like other listed securities. Bitcoin […]
ASIC has launched a new consultation on crypto ETFs – but only Bitcoin and Ethereum would be eligible under the proposed rules
Markets

Dow breaks the 29,000 threshold for first time

The Dow Jones Industrial Average soared past 29,000 for the first time ever on Friday, hitting a new record as the historic bull market tears higher in the new year. The 30-stock index climbed 48 points higher to breach the psychological threshold, driven by gains in Pfizer, Apple, and Coca-Cola. […]
Dow breaks the 29,000 threshold for first time