regulation | ForkLog

ForkLog 20 08.11.2021

Nigerian central bank orders closure of crypto-linked accounts

The Central Bank of Nigeria (CBN) has ordered the country's commercial financial institutions to close the accounts of two individuals and a company allegedly linked to cryptocurrency trading. The report comes from Peoples Gazette citing the regulator's circular.

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ForkLog 13 08.11.2021

Digital ruble to receive a dedicated regulatory framework

A number of Russian laws and codes will be amended in connection with the launch of the digital ruble.

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ForkLog 26 08.11.2021

Russian authorities back plan to classify mining as entrepreneurial activity

Representatives of several ministries backed the initiative to regulate mining as a form of entrepreneurial activity.

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ForkLog 20 06.11.2021

U.S. House passes $1.2 trillion infrastructure plan

The U.S. House of Representatives voted to pass the $1.2 trillion infrastructure plan without crypto-industry amendments.

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ForkLog 31 05.11.2021

Binance hires former U.S. IRS agent

A former U.S. Internal Revenue Service (IRS) agent, Amjad Qaqish, joined the Binance cryptocurrency exchange team. He will lead the international SAR reporting group.

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ForkLog 11 05.11.2021

Spain’s central bank eyes banks’ plans regarding cryptocurrencies

The Bank of Spain has requested information from the country's leading financial institutions about plans related to cryptocurrencies over the next three years, El País reports citing sources.

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ForkLog 17 05.11.2021

South Korean authorities exempt NFTs from cryptocurrency regulation

South Korea's Financial Services Commission (FSC) confirmed that non-fungible tokens (NFTs) generally do not fall under the definition of virtual assets and are not regulated as such, according to the Korea Herald.

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ForkLog 5 04.11.2021

Kazakhstan’s bitcoin exchanges and crypto platforms become subjects of financial monitoring

The Senate of Kazakhstan has passed a law classifying cryptocurrency exchanges and trading platforms as subjects of financial monitoring.

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ForkLog 16 03.11.2021

Lawyers Outline Risks for NFT and DeFi Projects Under Updated FATF Guidelines

For ForkLog, the experts analysed the most significant changes in FATF guidance for the crypto industry, which could potentially pose risks to the founders and developers of DeFi and NFT projects.

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ForkLog 27 02.11.2021

Kazakhstan president orders immediate regulation of cryptocurrency mining

President Kassym-Jomart Tokayev ordered the establishment of 'without delay' legislative regulation of mining. He said this at a meeting with the country's energy minister Magzum Mirzagaliev.

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ForkLog 11 02.11.2021

Senators Split Over U.S. Treasury Report on Stablecoins

Three US senators — Sherrod Brown, Pat Toomey and Cynthia Lummis — published responses to the Treasury’s report on the risks associated with stablecoins. Their statements could form the basis for upcoming debates.

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ForkLog 27 01.11.2021

U.S. Treasury releases report on stablecoin risks

The U.S. Treasury released a report on risks related to stablecoins. The agency sees stablecoins as a threat to investors and market integrity, and called for strict regulatory restrictions.

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