Australian consumer advocacy group CHOICE has called on the federal government to provide better protection for crypto investors while submitting a proposed regulatory framework for cryptocurrency exchanges operating in the country. The regulatory framework was submitted in response to the federal Treasury’s consultation paper for “crypto asset secondary service providers” (CASSPs) defined as firms providing custodial crypto wallets and exchange services. CHOICE commented: “As it stands, enforceable protections in the unregulated cryptocurrency market are somewhere between negligible and non-existent.” Outlining four main areas in its framework, the group called for a single definition of crypto for better regulation, a license for exchanges in line with current financial licensing, ...
Mr Hillary Ugochukwu, a chieftain of the Peoples Democratic Party (PDP) in Imo, has defected to the All Progressives Congress (APC). Ugochukwu, a former senatorial aspirant of the party, announced his defection at a reception organised in his honour by the state leaders of the APC in Owerri on Saturday. Ugochukwu lauded Gov. Hope Uzodimma on his achievements in office and expressed willingness to work with him towards taking the state to greater height. The former aspirant, an agriculturist and estate developer, called on his supporters to join him in his struggle to make the state a better place. He said he registered with the APC in his home ward in Ogwa in Mbaitoli Local Government Area (LGA) of the state before his advancement to the state level. ”After careful thought and due consulta...
Andre Onana leaving Ajax and joining Arsenal would be “a good move” for the Cameroon international, according to former Nigeria U23 coach Imama Amapakabo. The Gunners have held discussions with the 25-year-old’s representatives, albeit, they have yet to decide whether they will step up their chase of the goalkeeper. Arsenal was on the lookout for a keeper following the departure of Emiliano Martinez in September 2020 and the underwhelming form of summer recruit Alex Runarsson. Despite technical director Edu and Mikel Arteta being big admirers of Onana, financial issues prevented the North London outfit from making a firm offer, instead they opted to sign Mat Ryan on loan from Brighton & Hove Albion. Amapakabo – who was a goalkeeper during his active career – and was part of the Nigeria...
Juventus superstar Cristiano Ronaldo insists his sole focus is on Euro 2020 and reports of interest from rival clubs are causing him no “sleepless nights”. Ronaldo left Real Madrid for Juve in 2019, but the move has not worked out quite as planned. Although the Bianconeri won the Serie A title for a ninth successive season in the forward’s first campaign, they lost their crown to Inter this term and scraped Champions League qualification. Success in Europe’s premier club competition, which Ronaldo won five times with Manchester United and Madrid, continues to evade the Turin giants. A frustrating season ended with Massimiliano Allegri returning to replace Andrea Pirlo, and there has been speculation Ronaldo could follow his coach out of the door. Madrid, United and Paris Saint-Germain have...
Juventus superstar Cristiano Ronaldo insists his sole focus is on Euro 2020 and reports of interest from rival clubs are causing him no “sleepless nights”. Ronaldo left Real Madrid for Juve in 2019, but the move has not worked out quite as planned. Although the Bianconeri won the Serie A title for a ninth successive season in the forward’s first campaign, they lost their crown to Inter this term and scraped Champions League qualification. Success in Europe’s premier club competition, which Ronaldo won five times with Manchester United and Madrid, continues to evade the Turin giants. A frustrating season ended with Massimiliano Allegri returning to replace Andrea Pirlo, and there has been speculation Ronaldo could follow his coach out of the door. Madrid, United and Paris Saint-Germain have...