There are a number of reasons why cryptocurrencies are not currently covered under the Australian financial advice model. First, cryptocurrencies are a highly volatile asset class, and their prices can fluctuate wildly. This makes it difficult for financial advisers to provide accurate and reliable advice on cryptocurrencies.
How to find the right Accountant for Cryptocurrency? In this Article we dive into why its so important to find the right accountant for handling your cryptocurrency assets.
Binance, the world’s largest cryptocurrency exchange, announced on May 12 that it would be suspending its Canadian operations. The move comes as a surprise to many, as Binance had only recently launched its Canadian exchange in September 2021.
Jeff Yew is a crypto pioneer and advocate. He is the co-founder and CEO of Monochrome Asset Management, a specialist investment management firm offering leading regulated access to crypto-assets. Yew is a respected figure in the crypto space, having been involved in the industry since its early days. He is a frequent speaker at industry events and has been quoted in publications such as The Wall Street Journal, The Financial Times, and The Australian Financial Review.
Cryptocurrency is a new and exciting asset class, but it is also a risky one. There have been many high-profile cases of cryptocurrency scams and hacks, and the regulatory landscape is still developing. That’s why it’s important to understand how to protect yourself from cryptocurrency scams in Australia.
