Australia regulator seeks risk reports from banks on startups, crypto -report

Australia's prudential regulator has started asking the country's banks to declare their exposure to startups and crypto-focused ventures following the collapse of Silicon Valley Bank, according to the Australian Financial Review (AFR). The Australian Prudential Regulation Authority (APRA) had told banks to provide daily updates on their crypto assets as it sought to gain more insight into vulnerabilities, the AFR reported late on Tuesday, citing three unidentified sources. The APRA declined t