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To facilitate this, Monochrome is launching its own education and research platform that will operate independently of the fund and offer financial advisors and portfolio managers an accredited CPD course to learn about Bitcoin and other digital assets. The fund is also working on launching a Bitcoin ETF in Australia to provide institutions with an easier way to invest in crypto.
But education is only half the battle, says Yew, with the crypto industry’s almost complete lack of regulation still scaring away many serious investors. A parliamentary inquiry into cryptocurrency regulation, led by Senator Andrew Bragg, is due to make its recommendations by the end of the month.
I would like Australia to follow the progress of digital asset regulation in markets like Canada, UK, Singapore and Switzerland, he said.
A good education and good regulation will not only help the local industry, but also attract foreign talent and foreign investment to Australia.
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Sources 2/ https://www.smh.com.au/business/banking-and-finance/floodgates-about-to-break-aussie-super-funds-could-tip-billions-into-crypto-20211010-p58yq5.html The mention sources can contact us to remove/changing this article |
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