ASIC has recently approved the Bitcoin retail fund, Raiz Invest Australia which is also the first of its kind the country. Raiz Invest Australia has reportedly raised approximately $444.7 million funds under management and to launch the retail Bitcoin fund Soon. Apart from that, the Raiz app has also been receiving a positive welcome from the citizens as it has been downloaded more than 1.1 million times.
BitcoinCryptocurrencyRegulation
IncryptsJan 20, 20200
Australia: Bitcoin Retail Fund Receives Approval from ASIC

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