EUR/USD 1.14407
0.076%
Gold 4161.68
0.922%
Oil 68.891
0.691%
USD/JPY 161.252
0.092%
GBP/USD 1.33501
0.032%
GBP/JPY 215.278
0.139%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
July 3rd - According to the website of the China Maritime Safety Administration, the Huangshi Maritime Safety Administration issued a navigation warning that from 10:00 to 14:00 on July 8th, a unit of the Chinese Peoples Liberation Army will conduct military activities in the waters near the Huanggang Railway-Highway Bridge on the lower reaches of the Yangtze River. During the military activities, the Huangshi Maritime Safety Administration will implement temporary traffic control in the nearby waters.Chief Vice President of VTB Bank: VTB Bank plans to increase reserves in the second half of the year.On July 3, Xinhengtai issued an announcement stating that a fire occurred at approximately 8:10 AM on July 3, 2026, in Plant No. 1 of its factory area in the Xinfeng Town Industrial Park, Nanhu District, Jiaxing City, Zhejiang Province. Following the incident, the company immediately activated its emergency response plan, established an on-site emergency leadership team, and cooperated with relevant government departments to carry out emergency response and on-site rescue work. With the joint efforts of local fire, emergency, and environmental protection departments, the fire was brought under control and extinguished. No casualties were reported, and the incident did not cause any significant impact on the surrounding environment. The specific cause of the accident is currently under investigation and verification.On July 3, King Frederick X of Denmark met with Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, at Amalienborg Palace. Wang Yi stated that the Communist Party of China is leading the Chinese people in making great strides towards Chinese-style modernization, creating a new form of human civilization and propelling human development into a new stage. The greatest changes in the 21st century will continue to occur in China. Chinas development and revitalization represent a growth force for world peace and stability and will also bring new opportunities to all countries, including Denmark. Denmark has unique advantages in green and innovative development, and the China-Denmark Green Joint Working Plan has become a highlight of bilateral cooperation and set a benchmark for international cooperation. China is willing to further strengthen cooperation with Denmark in emerging fields such as the green economy, innovative development, and artificial intelligence, enhance people-to-people exchanges, and strengthen the friendship between the two peoples. He hoped that the Danish Royal Family would continue to play a leading role in China-Denmark friendship.Polish Foreign Minister: It would be a crazy move if Russian President Putin decided to test NATO unity.

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