regulation | ForkLog

ForkLog 26 09.12.2024

Iran to Regulate Cryptocurrencies to Circumvent Sanctions

The Iranian government plans to regulate cryptocurrencies by introducing additional rules rather than imposing direct restrictions. This was stated by the country’s Minister of Economy and Finance, Abdolnaser Hemmati, according to local media. According to the official, the authorities intend to mitigate the negative impact of crypto assets on the economy while harnessing their positive […]

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ForkLog 34 07.12.2024

Access to Pump.fun Blocked for UK Users

Following a warning from the FCA, the Solana-based meme coin launch platform Pump.fun has updated its terms of service in the country. British users can no longer access the service’s website.

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ForkLog 21 07.12.2024

FDIC Pressured Banks to Halt Crypto Activities, Coinbase Reveals

Coinbase disclosed FDIC letters urging banks to suspend cryptocurrency operations. The largest US crypto exchange accuses regulators of attempting to restrict the industry’s access to banking services, seeking details through the courts. Documents obtained by Coinbase indicate that in March 2022, the FDIC urged financial institutions to temporarily halt activities related to crypto assets. This […]

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ForkLog 15 06.12.2024

SEC to Reject Two Solana-ETF Applications, Reports Suggest

The SEC has informed at least two of the five issuers of spot Solana-ETFs that it intends to reject their 19b-4 forms, according to Fox Business journalist Eleanor Terrett. ?SCOOP: I’ve confirmed that the @SECGov has notified at least two of the five prospective issuers that it will reject their 19b4 filings for the $SOL […]

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ForkLog 34 06.12.2024

Trump Nominates David Sacks as ‘Crypto Czar’

US President-elect Donald Trump has nominated David Sacks for the role of so-called ‘czar’ in the fields of AI and digital assets. Source: Truth Social. “In this important role, David will lead the administration’s policy on artificial intelligence and cryptocurrencies, two areas crucial for America’s future competitiveness,” the politician stated. One of Sacks’s tasks will […]

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ForkLog 43 05.12.2024

Trump Nominates Paul Atkins as SEC Chair

Donald Trump has nominated former SEC commissioner Paul Atkins to lead the agency. The crypto industry has welcomed the president-elect’s choice. U.S. President-elect Donald Trump has officially nominated Paul Atkins as chairman of the SEC. The politician announced this on his social media platform, Truth Social. “Paul is a proven leader in common-sense regulation. He […]

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ForkLog 12 04.12.2024

Paul Atkins Unlikely to Lead SEC as Journalists Eye Other Candidates

Previously identified by the media as the leading candidate for the chair of the SEC, Paul Atkins has been interviewed by U.S. President-elect Donald Trump, according to CoinDesk citing sources. However, insiders noted that Atkins is not attracted to the position due to the workload. He believes the bloated federal agency requires significant reorganization following […]

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ForkLog 13 02.12.2024

Coinbase Foresees Swift Adoption of Cryptocurrency Legislation

Following Donald Trump’s victory, the swift approval of cryptocurrency legislation is anticipated. This was stated by Coinbase’s policy chief, Faryar Shirzad, in an interview with CNBC. “We have the most pro-crypto Congress in history. We have an extremely pro-crypto elected president. This combination should finally allow 50 million Americans who own digital assets to have […]

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ForkLog 15 02.12.2024

XRP Reaches $2.5, Enters Top Three by Market Capitalisation Amid High Leverage Concerns

On the morning of December 2, XRP’s price hit a seven-year high at $2.498, displacing the stablecoin USDT from the third position in market capitalisation ($136.2 billion). The day before, the asset surpassed Solana. Hourly chart of XRP/USDT on Binance. Data: TradingView. XRP’s daily growth reached 27.8%. Over the past 14 days, the asset has […]

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ForkLog 9 29.11.2024

Ethereum Predicted to Surpass $4000 Before Trump’s Inauguration

Growing investor interest and hopes for regulatory easing are setting the stage for an Ethereum rally above $4000 before Donald Trump’s inauguration. This conclusion was reached by Block Scholes and Bybit Analytics. Analysts noted an increase in OI for perpetual contracts on the second-largest cryptocurrency by market capitalization on Bybit ($8.9 billion), surpassing the equivalent […]

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ForkLog 9 29.11.2024

Matrixport Foresees a DeFi Renaissance with Trump’s Return

As Donald Trump assembles a pro-cryptocurrency administration, the United States may be on the brink of a potential revolution in the DeFi sector, according to Matrixport. #MatrixOnTarget Report? — Nov 29: #Trump’s Advocates: The Three MenShaping A New #Financial (Crypto) Era#Matrixport #Crypto #cryptomarket #MarketWatch #CryptoInvestors #BTC #ETF pic.twitter.com/wHqKPWsF89 — Matrixport Official (@Matrixport_EN) November 29, 2024 […]

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ForkLog 21 28.11.2024

Trump’s Crypto Priorities Highlighted by ‘Crypto Czar’ Candidate

Digital assets are a “considerable priority” for Donald Trump’s administration, according to former CFTC Chairman Christopher Giancarlo, who is a candidate for the role of “crypto czar,” reports The Block. “The elected president has meticulously outlined a series of initiatives to transform the U.S. into the crypto capital of the world,” he noted. Giancarlo highlighted […]

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