regulation | ForkLog

ForkLog 16 01.02.2023

Uzbekistan collected more than $310,000 in fees from the Bitcoin industry in 2022

During 2022, five licensed cryptocurrency companies in Uzbekistan paid 3.5 billion soums (over $310,000) to the budget.

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ForkLog 10 01.02.2023

Hester Peirce calls for accelerated development of cryptocurrency regulation

The US Congress should accelerate the development of a regulatory framework for the cryptocurrency industry. This was the view of SEC Commissioner Hester Peirce.

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ForkLog 10 01.02.2023

UK Treasury unveils plans to regulate crypto exchanges

The UK Treasury published a consultative report on implementing oversight of cryptocurrency exchanges and lending platforms with a view to upholding 'fair and reliable standards'.

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ForkLog 22 01.02.2023

In Indonesia, cryptocurrencies are classified as securities

Indonesia has enacted the Financial Sector Development and Strengthening Law, which notably provides for changes to cryptocurrency regulation. CoinDesk reports.

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ForkLog 19 31.01.2023

Hong Kong regulator to require licensing for stablecoin issuers

The Hong Kong Monetary Authority (HKMA) will introduce mandatory licensing for issuers of «stablecoins» during 2023-2024, in line with feedback received on the regulator's powers changes.

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ForkLog 19 31.01.2023

Public consultations begin in Kazakhstan on cryptocurrency trading

The AIFC Financial Services Regulation Committee released a consultation document on proposed improvements to the digital asset trading system.

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ForkLog 15 30.01.2023

Philippines’ SEC proposes expanded oversight of the crypto industry

The Philippine Securities and Exchange Commission (SEC) intends to bring digital assets within its remit and tighten oversight of players in the industry. This follows the regulator's draft rules that were put up for discussion, Manila Bulletin reports.

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ForkLog 17 30.01.2023

South Korea to roll out cryptocurrency-tracking system in 2023

The Ministry of Justice in South Korea announced plans to roll out a cryptocurrency-tracking system in the first half of 2023 to tackle money laundering and recover proceeds obtained illegally.

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ForkLog 11 30.01.2023

Justin Sun: Crypto adoption should not be US-centric

Tron founder Justin Sun said that if 7.7 billion people adopt cryptocurrencies as legal tender, 300 million Americans would follow suit.

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ForkLog 9 30.01.2023

Australian regulator voiced concerns about FTX six months before its collapse

The Australian Securities and Investments Commission (ASIC) was concerned about the operations of FTX's local subsidiary and was watching the company closely long before its collapse. The Guardian Australia reports this, citing documents.

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ForkLog 15 29.01.2023

White House calls on Congress to intensify efforts to regulate cryptocurrencies

The Biden administration urged Congress to 'step up efforts' to oversee the digital asset market.

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ForkLog 9 27.01.2023

Arizona lawmakers renew bid to legalise Bitcoin as a form of payment

Arizona State Senator Wendy Rogers has again proposed enshrining Bitcoin as a legal form of payment in the state.

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