Crytocurrency

Three Aussie crypto-funds halted after regulators cite infractions

Australia’s chief financial market regulator has placed interim stop orders on three cryptocurrency-related funds set to be offered to retail investors, due to non-compliant target market determinations (TMDs).

In a press release, dated the 17th of October. 17 at local time The Australian Securities and Investments Commission (ASIC) stated that it has issued interim stop orders to three of Australian Holon’s asset manager’s crypto funds. The funds intend for investment with Bitcoin (BTC), Ethereum (ETH) as well as FileCoin (FIL).

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