Three Aussie crypto funds halted as regulator cites non-compliance

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Three Aussie crypto funds halted as regulator cites non-compliance
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Aussie asset manager Holon has had its Bitcoin, Ethereum, and FileCoin crypto funds placed on a temporary halt by Australia's market regulator.

but stated the product disclosure statements provided by Holon say they could face a “total loss of value.”

The specifics of what ASIC has requested Holon to change are unclear and the ASIC spokesperson did not provide further details, however, the regulator said it expects Holon to consider the concerns and take immediate steps to ensure compliance.

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