Cryptocurrency exchanges including Coinbase, Kraken, eToro and Swyftx could soon face a regulatory shake-up in a bid to protect investors and offer the sector a legitimacy lifeline. With tens of thousands of Australians suffering significant losses due to recent crypto crashes and frauds, Treasurer Jim Chalmers and Financial Services MinisterContinue Reading
An Australian ‘finfluencer’ who styled himself as the “ASX Wolf” has been banned from ever handing out financial advice again after the corporate regulator cracked down on him. Tyson Scholz, from Queensland’s Gold Coast, sparked the ire of the Australian Securities and Investments Commission (ASIC) for essentially running a financialContinue Reading
A social media ‘finfluencer’ with almost 21,000 followers on Instagram has been found to have breached laws relating to financial advice after he was taken to court by the corporate regulator. The Brisbane federal court found share trader Tyson Scholz, who’s name on Instagram includes ‘ASX Wolf’, was found toContinue Reading