regulation | ForkLog

Krzysztof Shpak 793 17.04.2020

Contentos’s Mick Tsai: It’s Impossible to Circumvent the Regulation Issue and It’s Not Just About China

Content is the main product of consumption and the chief breadwinner for Web’s denizens. As user-generated content is steadily rising to the top of the food chain, the new Web will have to provide fair and lucrative platforms for millions of independent content creators to thrive in.

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Krzysztof Shpak 576 10.04.2020

SEC vs. 11 Crypto-Companies: More Lawsuits to Come

On April 3rd, 2020, class-action suits against four major crypto-exchanges and seven ICO projects were filed. The lawsuits allege that the defendants have violated U.S. securities laws.

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Krzysztof Shpak 555 07.04.2020

U.S. Is Almost Compliant With FATF Recommendations on Crypto

The Financial Action Task Force (FATF) issued a report on the level of compliance with its recommendations in the U.S. It turned out, the country isn’t following the crypto-related recommendations exactly to the letter.

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Krzysztof Shpak 3098 01.04.2020

SEC vs Telegram: A Battle That Could Be Avoided

In 2018, Telegram raised $1.7 billion through an ICO in exchange for the future delivery of 2.9 billion Gram tokens to 175 investors. While Grams could realistically be sold with a premium on the secondary market, Telegram argued that the agreement was in line with the definition of a private placement of securities that is […]

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Krzysztof Shpak 487 26.03.2020

A Blow on Telegram: Is Court Prohibition Loss to SEC for Pavel Durov’s Project?

March 24, the New York Southern District Court has preliminarily halted the transfer of Gram tokens to the primary investors of TON. Thus, the court ruled in favor of the U.S. SEC and recognized Gram non-registered security.

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Krzysztof Shpak 508 13.03.2020

Crypto Is Now Legal In India and South Korea. What Does It Mean?

On March 4th, the Supreme Court of India ruled against the Reserve Bank of India’s decision to ban the country’s banks from dealing with digital currencies. The next day, on March 5th, the South Korean authorities have effectively legalized cryptocurrencies.

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Krzysztof Shpak 593 04.03.2020

Cryptocurrencies in Germany: Present and Future

The phrase “made in Germany” represents high-quality products all around the world. When it comes to heavy industry and automobiles, Germany is in a leading position, but how is the country positioned with regard to the emerging technology of cryptocurrencies?

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Krzysztof Shpak 368 28.02.2020

SEC Rejected Another Bitcoin ETF Leaving No More Bids To Review: What’s Going On?

As the recent news has it, the SEC rejected the last application for a Bitcoin exchange-traded fund it had to review. There are no more applications pending, and it seems the Commission isn’t going to make Bitcoin ETFs happen, at least soon.

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Krzysztof Shpak 365 25.02.2020

Russian Promises: Norilsk Nickel’s Tokenization Platform May Catalyze the Slowly Developing Russian Crypto Legislation

Russian Central Bank has approved the digital platform of Norilsk Nickel for trading tokens backed by commodities. On February 17, the Central Bank confirmed that the platform’s testing was successfully completed. It took place in the regulator’s own “sandbox.”

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Krzysztof Shpak 1256 24.02.2020

ePayments Blocking: Facts and Conclusions

On February 11th, the UK’s FCA has blocked the operation of ePayments due to the company’s failure to comply with AML requirements. Pursuant to the regulator’s request, ePayments froze nearly a million customer accounts.

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Krzysztof Shpak 334 21.02.2020

U.S. Treasury Promised New Cryptocurrency Regulation: What May Come Along?

On February 12th, Treasury Secretary Steven Mnuchin said that the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) is going to release new cryptocurrency regulations with “significant new requirements” regarding crypto.

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Krzysztof Shpak 484 07.02.2020

Joerg Platzer: If People Would Not Buy Drugs With Bitcoin, There Would Be No Way Bitcoin Could Be Money

The notion that Bitcoin is instrumental for criminals is one of the traditional arguments against it and other cryptocurrencies. But however popular is the argument, Bitcoin’s potential for criminal use should be seen in context.

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