regulation | ForkLog

ForkLog 22.11.2020

China’s leader urges the G20 to develop universal standards for CBDCs

Participants in the G20 should discuss developing standards for central bank digital currencies (CBDCs) with an open and constructive approach, said Xi Jinping.

AI translated

ForkLog 18 21.11.2020

South Africa to treat cryptocurrencies as financial products

The Financial Sector Conduct Authority (FSCA) of South Africa has published a draft regulation under which bitcoin and other cryptocurrencies are treated as financial products.

AI translated

ForkLog 16 20.11.2020

Media: Chinese authorities have no role in compiling the global cryptocurrency ranking

The global cryptocurrency ranking published by China's Centre for Information Industry Development (CCID) is not tied to regulators and is the private opinion of a consulting firm. Librehash reports this.

AI translated

uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 39 19.11.2020

Thai financial regulator allows including cryptocurrency in asset valuations

The Thai Securities and Exchange Commission (SEC) has allowed local financial firms to account for the value of acquired cryptocurrency with a maximum discount of 50%, Bangkok Post reports.

AI translated

ForkLog 24 18.11.2020

Dutch bitcoin exchange Bitonic requires users to submit wallet screenshots

Dutch bitcoin exchange Bitonic notified users of an additional verification due to local regulator requirements. From November 16, the company is obliged to monitor fund movements, according to a press release.

AI translated

ForkLog 39 16.11.2020

FATF: Crypto firms still far from full compliance

Cryptocurrency companies are only beginning to adapt to regulatory requirements, and they have a long road ahead to full compliance. This was stated by FATF Executive Secretary David Lewis, according to Cointelegraph.

AI translated

ForkLog 19 16.11.2020

US SEC chief Jay Clayton to step down by year-end

The chair of the U.S. Securities and Exchange Commission (SEC), Jay Clayton, confirmed that he will leave the post at the end of 2020 after three and a half years in office, according to the agency's statement.

AI translated

ForkLog 12 16.11.2020

Opinion: Without regulation of the cryptocurrency market, Ukraine risks the FATF blacklist

Ukraine's anti-money-laundering legislation needs urgent refinement, otherwise the country risks ending up in the 'grey zone' or being placed on FATF's blacklist. This was stated by Maxim Demyanyuk, head of the expert group on the development of virtual assets at the Ministry of Digital Transformation.

AI translated

ForkLog 25 16.11.2020

Kyrgyzstan’s central bank proposes regulating cryptocurrency firms

The National Bank of Kyrgyzstan announced the development of a regulatory act concerning cryptocurrency regulation.

AI translated

ForkLog 12 13.11.2020

Ukrainian Parliament to Consider Bill ‘On Virtual Assets’

The Verkhovna Rada of Ukraine will consider the bill 'On Virtual Assets' next week, the Committee on Digital Transformation said.

AI translated

ForkLog 17 12.11.2020

US lawmakers criticise regulator for focus on cryptocurrencies

Six members of Congress criticised the Office of the Comptroller of the Currency (OCC) within the US Treasury. The complaints relate to the regulator's focus on cryptocurrencies and fintech.

AI translated

ForkLog 17 12.11.2020

Argentina weighs cryptocurrency regulation

Argentine congressman Ignacio Torres is preparing to introduce in the local legislature a bill regulating cryptocurrencies.

AI translated

#regulation