regulation | ForkLog

ForkLog 14 13.12.2022

Canada’s Regulators Tighten Oversight of Crypto Exchanges

The Canadian securities regulators (CSA) tightened the requirements for crypto firms after the collapse of FTX, extending them to include organizations registered in other jurisdictions.

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ForkLog 17 13.12.2022

Financial Stability Board to tighten crypto regulation

The G20's advisory body responsible for financial regulation will present proposals for regulating the cryptocurrency market with a concrete timeline for their implementation in early 2023, according to the Financial Times.

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ForkLog 26 12.12.2022

US Senator says there is no reason for cryptocurrencies to exist

The market for digital assets is not backed by anything and offers nothing, so there is no reason for it to exist. This was stated in an NBC interview by Jon Tester, a Democratic senator from Montana.

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ForkLog 20 12.12.2022

China bans deepfakes that threaten national security

The Cyberspace Administration of China published rules prohibiting the creation of deepfakes without the subject's consent or to harm national interests.

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ForkLog 11 12.12.2022

US congressman accuses SEC chair of failing to regulate the crypto industry

The chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, is to testify before Congress on his approach to crypto regulation, according to Rep. Tom Emmer.

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ForkLog 19 08.12.2022

EU to require crypto firms to report customers’ account data to tax authorities

The European Commission plans to require providers of virtual assets (VASP) to share information about users’ accounts with national tax authorities.

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ForkLog 21 08.12.2022

Hong Kong crypto-service providers required to comply with AML rules

The Hong Kong Legislative Council approved amendments to the Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) laws, extending their application to virtual asset service providers (VASP) from June 1, 2023.

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ForkLog 20 08.12.2022

Japanese financial regulator recommends restricting algorithmic stablecoins

The Japanese Financial Services Agency (FSA) has recommended restricting the use of algorithmic stablecoins within the country, deputy foreign minister Tomoko Amaya said.

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ForkLog 16 08.12.2022

OSCE outlines details of project to curb illicit use of cryptocurrencies in Ukraine

OSCE and UNODC will propose amendments to existing legislation to counter money laundering using virtual assets.

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ForkLog 23 07.12.2022

Kazakhstan approves tax regime for crypto miners

On 7 December, Kazakhstan's Mazhilis approved the draft 'On Digital Assets' and four related regulatory acts governing mining.

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ForkLog 22 07.12.2022

Ukrainian delegation, with OSCE, discusses mechanisms for seizing cryptocurrencies

Experts and lawmakers from Ukraine participated in a seminar dedicated to developing regulation of virtual assets.

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ForkLog 24 06.12.2022

UK to unveil new rules for crypto firms

The UK government will publish new rules governing the digital-asset industry, affecting the sales and marketing of products, according to Financial Times sources.

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