EUR/USD 1.18665
-0.003%
Gold 3692.67
0.077%
Oil 64.255
0.134%
USD/JPY 146.481
0.023%
GBP/USD 1.36535
0.064%
GBP/JPY 200.001
0.093%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
According to Japans Asahi Shimbun: Japan will not recognize the State of Palestine at the United Nations General Assembly.On September 17, Chery Automobile announced on the Hong Kong Stock Exchange that it plans to issue 297,397,000 H shares (subject to the exercise of the over-allotment option) for its Hong Kong listing, with a price range of HK$27.75 to HK$30.75. The price is expected to be completed on September 23. The shares are expected to begin trading on the Hong Kong Stock Exchange on September 25.September 17th news, Google (GOOG.O) has been trying to catch up with OpenAI in the field of generative artificial intelligence, and now it seems to have finally made progress among users. This week, Googles Gemini application took the first place in the Apple App Store free application rankings, surpassing ChatGPT, which led the generative artificial intelligence craze nearly three years ago. Googles Gemini AI model has recently launched some updates, attracting new users. Last month, Google released an upgraded version of its "Flash" AI model, 2.5 Flash Image, which added an image editing feature called Nano Banana. Josh Woodward, head of the Gemini application, said that this product brought 13 million new users to the Gemini application in just four days, bringing its total number of users since its launch to 23 million.According to Japans Asahi Shimbun: Japan will postpone recognizing the State of Palestine.On September 17th, several major US tech companies announced they would invest over $40 billion to expand the UKs AI infrastructure, a significant boon for the country, coinciding with a state visit from President Trump. Microsoft (MSFT.O) said on Tuesday it would invest $30 billion in UK AI infrastructure and existing operations by 2028, its largest financial commitment yet in the country. Google (GOOG.O) said it would invest approximately $6.8 billion in AI, R&D, and related engineering in the UK over the next two years. Meanwhile, Nvidia (NVDA.O), OpenAI, and British company Nscale are collaborating to build AI infrastructure in the UK to meet OpenAIs computing needs. The project, called "Stargate UK," is expected to be located in northeast England and utilize tens of thousands of Nvidias Grace Blackwell Ultra graphics processing units. Among other investments, AI cloud computing company CoreWeave plans to invest approximately $2.04 billion in AI data center capacity and operations in the UK. Salesforce announced it would invest a further $2 billion in its UK operations by 2030, while BlackRock will pour £500 million into data centers across the UK.

Australian Regulatory Body Reveals 4-Years Crypto Policy Roadmap

Cory Russell

Apr 22, 2022 09:55


微信截图_20220422093948.png

The Objective Is to Complete the Blueprint by 2025.

The Russian Finance Ministry has unveiled a law to regulate cryptocurrency.


The Australian Prudential Regulation Authority (APRA) released its objectives and policy roadmap for crypto risk management today.


The regulatory authority will be looking at crypto assets and all of the risks that come with investing in them, according to this.

Australia Examines the Dangers of Cryptocurrency

ARPA announced that it will begin with risk management requirements for all regulated businesses engaged in cryptocurrency-related activities as soon as possible.


Before participating in operations involving crypto-assets, the regulatory body requires all crypto-related firms to complete proper due diligence and a full risk assessment, according to the regulatory body. They must also have measures in place to minimize any hazards that may arise.


They should also follow all Australian Securities and Investments Commission conduct and disclosure regulations (ASIC).


In addition to this, the Prudential Regulation Authority is working to build a broad crypto regulatory framework. "APRA is creating the longer-term prudential framework for crypto-assets and associated activities in Australia in cooperation with other regulators abroad, to ensure uniformity in approach," according to the release. 


The Basel Committee is consulting on the prudential approach for bank exposures to crypto-assets for authorised deposit-taking institutions (ADIs). 3 This will serve as the foundation for globally recognized minimum ADI criteria, as well as a starting point for prudential expectations in other APRA-regulated businesses."


ARPA has devised a four-year strategy, beginning in 2022, in which it will smooth out all of the kinks in crypto-assets and other operational hazards.

Australia has decided to join the band

While no particular crypto regulatory legislation has been presented in Australia, the country is on the verge of enacting one. Meanwhile, some nations, including as Russia, have already taken steps in this direction, with the Ministry of Finance's draft crypto laws.


The law would establish new regulations for the trading and mining of cryptocurrencies (Bitcoin, Ethereum, Litecoin, and others), with the operators of exchanges and digital trading platforms being licensed and regulated by a Russian government authority.

Suggestion