regulation | ForkLog

ForkLog 22 23.03.2021

Fed and MIT to unveil digital-dollar prototype by July

Boston Fed staff and MIT will finish work on a prototype of the national digital currency (CBDC) by July. Bloomberg reports.

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ForkLog 19 23.03.2021

South Korea tightens oversight of the cryptocurrency industry

As of March 25, companies involved with digital assets in South Korea are required to comply with anti-money-laundering requirements, according to the Financial Services Commission (FSC).

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ForkLog 21 22.03.2021

FATF Includes DeFi in Draft Guidance for the Crypto Industry

The Financial Action Task Force (FATF) has proposed amendments to the guidelines for the cryptocurrency industry. Under the draft, the regulator's focus includes the DeFi sector and NFTs.

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ForkLog 16 22.03.2021

Media reports possible blocking of cryptocurrency exchange IP addresses in India

Indian authorities are considering blocking IP addresses of cryptocurrency exchanges and related digital-asset companies, according to Business Today, citing a knowledgeable source.

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ForkLog 14 22.03.2021

SEC Commissioner Hester Peirce urges policymakers to consider the benefits of cryptocurrencies

Officials are fixated on illicit use of cryptocurrencies and fail to notice their benefits, said SEC Commissioner Hester Peirce.

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ForkLog 17 22.03.2021

Nigeria’s central bank clarifies its position on cryptocurrencies

The Central Bank of Nigeria (CBN) has not prohibited locals from buying and selling Bitcoin; the restrictions apply only to financial institutions. This was reported by Today NG.

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ForkLog 24 19.03.2021

Thai central bank to regulate stablecoins

By the end of 2021, the Bank of Thailand plans to adopt rules on stablecoins, according to the assistant to the bank's head. Reuters reports.

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ForkLog 24 19.03.2021

Between Prohibition and Development: How Central Asia Regulates Cryptocurrencies

Central Asia sits at the crossroads of several economic and cultural spaces. The region's countries—Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan and Turkmenistan—are influenced by developments in China, Europe and, of course, the post-Soviet space. This also concerns cryptocurrency regulation.

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ForkLog 7 18.03.2021

Pakistan forms committee to test first mining farms

Pilot cryptocurrency mining projects in Pakistan's Khyber Pakhtunkhwa province will be overseen by a specially created federal committee. Reuters reports.

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ForkLog 20 18.03.2021

SEC begins review of VanEck’s bid to launch a Bitcoin ETF

The U.S. Securities and Exchange Commission (SEC) will decide on VanEck's application to launch a Bitcoin-based ETF within the next 45 days.

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ForkLog 9 18.03.2021

Media: authorities to require major foreign IT firms to open offices in Russia

The Russian government plans to create a 'digital residency' system for foreign IT companies. The plan envisages mandatory registration of offices or legal entities of such firms on Russia's territory and the levying of taxes.

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ForkLog 10 18.03.2021

Hawaii lawmakers urge easing of cryptocurrency company requirements

Hawaii Department of Commerce and Consumer Protection must review the requirements for virtual asset service providers (VASP). This was stated by Democratic members of the state House of Representatives.

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