Banks should report exposure to crypto-related businesses: Australia

Banks should report exposure to crypto-related businesses: Australia


AMB Crypto
2023-03-22 11:30:31

The Australian regulator has reportedly asked local banks to report on cryptocurrency transactions in the aftermath of SVB’s collapse. The announcement comes just a few days after the Australian Banking Association opened a cost-of-living inquiry. The Australian Prudential Regulation Authority (APRA) has reportedly asked local banks to report on cryptocurrency transactions. This ruling occurred in