regulation | ForkLog

ForkLog 28 09.01.2021

UK proposes regulation of stablecoins

The UK Treasury has begun consultations on regulating cryptocurrencies and stablecoins. The department proposes regulating the industry in line with traditional financial services.

AI translated

ForkLog 17 06.01.2021

Jack Dorsey, a16z and Coinbase criticise FinCEN’s proposed industry-regulation rules

Jack Dorsey, the chief executive of Twitter and Square, said FinCEN's proposed rules are devastating for the cryptocurrency industry. A similar view was voiced by representatives of a16z and Coinbase.

AI translated

ForkLog 22 05.01.2021

US regulator authorises banks to issue stablecoins

The Office of the Comptroller of the Currency (OCC), part of the U.S. Department of the Treasury, has allowed national banks and federal savings associations to use public blockchains and stablecoins for settlement on behalf of customers.

AI translated

ForkLog 21 04.01.2021

Regulation at Scale: What Changed for Bitcoin and Cryptocurrencies in 2020

In 2020, many countries advanced regulation of the cryptocurrency industry. The COVID-19 pandemic provided a powerful catalyst, as Bitcoin gained traction among institutional investors seeking regulatory clarity.

AI translated

ForkLog 25 29.12.2020

Indian regulator proposes 18% tax on Bitcoin trading

The Central Bureau of Economic Intelligence of India (CEIB) proposes to tax cryptocurrency trading at 18%. The agency classifies Bitcoin as "intangible asset", reports The Times of India.

AI translated

ForkLog 5 28.12.2020

Mike Novogratz: hopes for neutral crypto regulation under the Biden administration

The founder of Galaxy Digital, Mike Novogratz, on CNBC expressed hope that financial regulators under the incoming President Joe Biden would take a neutral stance toward cryptocurrencies.

AI translated

ForkLog 15 25.12.2020

Elad Roisman named acting chair of the SEC

Republican Elad Roisman has become Acting Chair of the U.S. Securities and Exchange Commission (SEC). Commissioner Hester Peirce congratulated him on the appointment.

AI translated

ForkLog 13 24.12.2020

Bitcoin ATMs in Hong Kong Face Threat From Expanded Regulatory Restrictions

The Hong Kong Securities and Futures Commission (SFC) is examining expanding regulatory restrictions, including a ban on servicing retail clients by bitcoin exchanges. The ban could also cover purchases of digital assets in crypto ATMs, according to the South China Morning Post.

AI translated

ForkLog 17 24.12.2020

Fines for violations of the sovereign Runet law approved in first reading

On 24 December, the Russian State Duma, in the first reading, approved the bill establishing penalties for non-compliance with the so-called sovereign Runet isolation law.

AI translated

ForkLog 25 24.12.2020

U.S. President’s Working Group on Financial Markets outlines recommendations for stablecoin regulation

Stablecoins may be deemed securities, commodities or derivatives and fall under applicable regulatory regimes. This view was stated by the President’s Working Group on Financial Markets (PWG).

AI translated

ForkLog 17 24.12.2020

SEC unveils rules for broker-dealers in digital securities

The U.S. Securities and Exchange Commission (SEC) unveiled rules for broker-dealers in the tokenised securities space. The regulator promised not to sue them for five years.

AI translated

ForkLog 19 24.12.2020

Jay Clayton steps down as head of the U.S. SEC

On Wednesday, December 23, the chairman of the U.S. Securities and Exchange Commission (SEC), Jay Clayton, left the post after more than three years at the agency. This is stated in a statement on the site.

AI translated

#regulation