regulation | ForkLog

ForkLog 15 15.02.2021

SEC Commissioner Hester Peirce urges clear regulation of cryptocurrencies

The adoption of bitcoin by large companies calls for the rapid introduction of clear regulatory rules, SEC Commissioner Hester Peirce told Reuters.

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ForkLog 25 12.02.2021

Nigerian Senate calls on central bank to explain restrictions on Bitcoin exchanges

The upper chamber of Nigeria's parliament summoned the Central Bank Governor Godwin Emefiele for a briefing on the opportunities and risks of cryptocurrencies. The move followed new regulator requirements for financial institutions.

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ForkLog 19 12.02.2021

Kyrgyz Central Bank to license cryptocurrency trading

The National Bank of Kyrgyzstan (NBKR) plans to license cryptocurrency exchange operators for the purchase and sale of digital assets. This was announced by NBKR chairman Tolkunbek Abdygulov, reported by Tazabek.

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ForkLog 33 12.02.2021

Bloomberg: India to allow cryptocurrency holders to close positions ahead of ban

Indian authorities will ensure a smooth transition to the ban on cryptocurrencies. Crypto-asset holders will have three to six months to close their positions, Bloomberg reports, citing an anonymous senior Finance Ministry official.

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ForkLog 7 10.02.2021

Media: Chinese authorities grant licence to a foreign bitcoin exchange

South Korean cryptocurrency exchange DBX announced the opening of a licensed subsidiary in China. Local media reported this.

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ForkLog 22 08.02.2021

Protego Trust Bank wins second U.S. national digital-asset bank charter

The Office of the Comptroller of the Currency (OCC), part of the U.S. Treasury, approved Protego Trust Bank's application for a national 'digital asset bank' license, according to the company's press release.

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ForkLog 20 05.02.2021

Nigeria bans banks from servicing Bitcoin exchanges

The Central Bank of Nigeria (CBN) has prohibited commercial financial institutions from providing services to cryptocurrency exchanges and digital asset companies. The directive took effect upon publication.

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ForkLog 27 05.02.2021

Estonia tightens rules for the crypto industry

The Estonian Ministry of Finance proposed changing the requirements for cryptocurrency service providers.

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ForkLog 21 30.01.2021

Ripple asks the SEC why Bitcoin and Ethereum are not securities

Ripple filed an answer to the U.S. Securities and Exchange Commission (SEC) lawsuit. It argues that the charges of issuing unregistered securities are based on an unprecedented and ill-conceived legal theory.

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ForkLog 18 28.01.2021

Proposal to Zelensky: issue a national token

The public union 'Virtual Assets of Ukraine' proposed implementing asset tokenization at the state level. Members outlined their proposals in a letter addressed to the president, the prime minister, and the minister of digital transformation of Ukraine.

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ForkLog 11 27.01.2021

Philippine authorities require crypto firms to obtain licenses

The Central Bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), announced the introduction of mandatory licensing for companies providing cryptocurrency services. This was reported by the local publication Inquirer.

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ForkLog 9 27.01.2021

Abkhazia’s authorities propose criminal liability for illegal mining

Abkhazia's President Aslan Bzhaniya has sent to parliament a package of bills tightening penalties for illegal connection of mining farms. The president's press service said.

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