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On October 6, "Trump asked Putin for advice on whether the United States should help arm Ukraine." The British Independent quoted an article from the New York Times on the 5th, revealing details about the interaction between former US President Trump and Russian President Putin. On July 7, 2017, Russian President Putin and then-US President Trump held their first formal meeting in Hamburg, Germany. During the meeting, Trump told Putin that the United States was considering providing weapons to Ukraine. "What do you think?" Trump asked Putin at the time. In response, Putin gave the answer that it was a "mistake" and that no matter what the United States gave Ukraine, they wanted more. The New York Times reported that according to the description of three US officials who attended the meeting in Hamburg, Trump did not refute after hearing Putins answer.IDF: Rocket sirens sounding in Gaza border communities are false alarms.On October 6, local time, according to Israels Channel 12, Qatari officials responsible for mediating negotiations with Hamas on the exchange of detained persons told the families of the detained persons last week that the leader of the Palestinian Islamic Resistance Movement (Hamas), Yahya Sinwar, now only communicates with them using pen and paper and no longer calls them. Qatari officials also said that this was a decision made after a series of assassinations that killed Hamas and Hezbollah leaders, which also posed a challenge to their mediation work.October 6, South Korean industry data released on Sunday showed that for most of 2024, more than 60% of South Koreas automobile exports were shipped to North America, sparking calls for companies to consider a more balanced global export strategy. Industry data showed that Hyundai Motor, Kia Motors, GM Korea, KG Mobility and Renault Korea Motors, five automobile companies with production bases in South Korea, exported a total of 1,857,111 vehicles from January to August this year. Of these, 61.4% (1,140,073 units) were sold to North America, an increase of 15.9% compared with the same period last year. In particular, exports to the United States amounted to 970,066 units, accounting for about half of South Koreas total automobile exports during the same period. Exports to the United States increased by 18.7% year-on-year during the same period.October 6th, according to reports from Russias TASS and Irans Mehr News Agency on the 5th, Syrian Ambassador to Russia Bashar Jaafari stated that Syria has applied to join the BRICS cooperation mechanism.

Australian Regulatory Body Reveals 4-Years Crypto Policy Roadmap

Cory Russell

Apr 22, 2022 09:55


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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.