regulation | ForkLog

ForkLog 11 29.04.2022

Central Bank of Cuba unveils licensing rules for crypto service providers

The Central Bank of Cuba has published licensing rules for virtual asset service providers (VASP). The rules will come into force on 16 May 2022.

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ForkLog 14 29.04.2022

US Labor Department concerned by Fidelity’s Bitcoin initiative for retirement accounts

The U.S. Department of Labor said it has “serious concerns” about Fidelity Investments' plan to allow clients to accumulate Bitcoin in 401(k) retirement accounts. The Wall Street Journal reports.

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ForkLog 23 29.04.2022

US Congress to consider bill granting CFTC oversight of crypto exchanges

A group of members of the U.S. House of Representatives has introduced for consideration the Digital Commodity Exchange Act (DCEA) of 2022, establishing direct oversight over certain types of crypto transactions and Bitcoin exchanges under the aegis of the CFTC.

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ForkLog 40 29.04.2022

Uzbekistan sets out regulatory framework for cryptocurrencies and mining

By presidential decree of Uzbekistan's President Shavkat Mirziyoyev, the National Agency for Project Management was transformed into the National Agency for Prospective Projects (NAPPP). It will become the main regulator in the cryptocurrency turnover sector.

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ForkLog 14 29.04.2022

Coinbase unveils new compliance tools

The cryptocurrency exchange Coinbase has launched a new suite of products aimed at preventing illicit transactions and ensuring regulatory compliance.

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ForkLog 15 27.04.2022

Central African Republic becomes the world’s second country to legalize Bitcoin

The Central African Republic (CAR) has enshrined Bitcoin as a payment instrument on a par with the local franc. The corresponding law was passed by parliament and signed by President Faustin-Archange Touadéra, AFP reports.

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ForkLog 13 27.04.2022

State Duma Committee backs draft tax bill on digital assets

The State Duma Committee on the Financial Markets backed the first reading of the concept of the bill on taxing digital asset transactions.

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ForkLog 12 26.04.2022

ECB calls for global regulation of cryptocurrencies

Cryptocurrencies are a global phenomenon, so coordinated efforts are needed to regulate them. This was stated by Fabio Panetta, a member of the ECB’s Executive Board.

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ForkLog 21 25.04.2022

EU to legally restrict social-media algorithms

The European Union has reached a deal to adopt the Digital Services Act (DSA), designed to increase the accountability of tech giants in relation to recommendation algorithms and targeted advertising.

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ForkLog 9 25.04.2022

Coinbase chief foresees split oversight of the cryptocurrency industry among agencies

The SEC will not fully regulate the cryptocurrency industry, as not all digital assets meet the definition of securities. This was stated by Coinbase CEO Brian Armstrong.

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ForkLog 12 22.04.2022

Macron backs MiCA, the EU cryptocurrency regulation bill

French President Emmanuel Macron said he does not believe in a self-regulating financial sector and therefore supports the MiCA cryptocurrency regulation bill.

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ForkLog 13 22.04.2022

UK regulator boosts budget by £24m amid crypto-related risks

The Bank of England's Prudential Regulation Authority (PRA) has increased its budget for the coming financial year. The extra resources will be used to address risks related to digital assets.

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