Australian Financial Industry Labelled “Negligent” Over Crypto Ignorance
- Olivia Long, CEO of SMSFAI, said the Australian financial advice industry’s ignorance of crypto is negligent, leaving investors to explore digital assets without access to professional advice.
- Long’s comments come after reports emerged that a digital asset industry professional was removed from an industry event to prevent members discussing cryptocurrency.
- Research from CoreData has shown that Aussie financial advisers significantly underestimate how many of their clients have invested in crypto directly or via crypto ETFs, further suggesting the industry is out of touch on crypto.
Olivia Long, the founder and CEO of Australian self-managed super fund administration platform SMSFAI, has called out the…
