EUR/USD 1.15248
-0.732%
Gold 4318.68
-3.497%
Oil 88.549
-2.697%
USD/JPY 160.177
0.098%
GBP/USD 1.33372
-0.643%
GBP/JPY 213.636
-0.547%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On June 6, Mohsen Rezaei, military advisor to Irans Supreme Leader, warned in an interview with CNN on June 5 that if the fighting continues and the US does not lift its naval blockade of Iran, the conflict could spread to a wider area, including the Indian Ocean, and Iran would also strike more US military bases, at which point the US would suffer "very heavy" losses.Jamaican Energy Minister Daryl Wass said on social media on the 5th that Jamaica experienced a nationwide blackout that day, with several administrative districts losing power. The cause of the failure is still under investigation, and the national power company has begun emergency repairs.On June 6, Russian Presidential Aide Ushakov stated on June 5 that the United States has relegated the Ukraine issue to a secondary position, to some extent withdrawing from this issue that is "crucial to Russia but irrelevant to the United States." Speaking at the 29th St. Petersburg International Economic Forum, Ushakov said that the United States is currently prioritizing the Iran issue, and the Ukraine issue has been "placed in a secondary position." However, compared to the Biden administration, the Trump administrations policies have undergone "minor adjustments."June 6 – The Democratic Republic of Congo (DRC) Ministry of Health released a report on June 5 stating that as of June 4, the total number of confirmed Ebola cases in the DRC had risen to 452, with 82 deaths. The report noted that 71 new cases were reported on June 4 in Ituri and North Kivu provinces, indicating rapid and sustained community transmission in this outbreak. The report showed that 258 patients are currently in isolation or hospitalized, with 8 recoveries. The report stated that the current response to the outbreak faces multiple challenges, including some members of the public not cooperating with the sampling of remains of their relatives, insufficient standardized treatment capacity at Ebola treatment centers, low contact tracing rates, and shortages of basic medicines and protective equipment. Furthermore, there remains a funding gap for the response efforts.On June 6th, it was reported that, with the approval of the State Administration for Market Regulation (CNCA), the China National Accreditation Service for Conformity Assessment (CNAS) recently launched an accreditation system for product carbon footprint verification bodies. This system stipulates the basic qualifications, personnel capabilities, standardization of verification activities, and accreditation procedures for product carbon footprint verification bodies. The implementation of this system will further regulate the behavior of product carbon footprint verification bodies, improve the quality of product carbon footprint data, and contribute to the improvement of my countrys product carbon footprint management system.

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