regulation | ForkLog

ForkLog 7 27.11.2024

Paul Atkins Emerges as Leading Candidate for SEC Chair

Former SEC Commissioner Paul Atkins has emerged as the leading candidate to head the agency under Donald Trump’s administration, according to Eleanor Terrett of FOX Business, citing two sources. ?NEW: Former SEC commissioner Paul Atkins is said to still be the favorite among top transition team members to lead the @SECGov, according to two sources […]

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ForkLog 10 27.11.2024

Trump Administration to Grant CFTC Oversight of Certain Cryptocurrencies

The administration of Donald Trump seeks to place certain cryptocurrencies under the jurisdiction of the CFTC, according to Fox Business. Sources from Fox indicate that if the decision is made, the Commission will oversee all digital assets deemed to be commodities. This list includes Bitcoin and Ethereum, as well as the markets where they are […]

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ForkLog 8 27.11.2024

Morocco Considers Lifting Cryptocurrency Ban

The North African kingdom of Morocco is considering a draft bill to regulate cryptocurrencies, as stated by Abdellatif Jouahri, the head of the country’s central bank. According to him, the draft law, developed with the support of the World Bank and industry participants, is already “in the process of adoption.” The new regulatory framework will […]

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ForkLog 48 27.11.2024

Pantera Capital Predicts Bitcoin Surge to $740,000

Bitcoin is “far from a bubble” and could reach $740,000 by April 2028 if current growth rates persist, according to a report by Pantera Capital. The forecast is based on the current trajectory with an average annual growth rate of 88%. Data: Pantera Capital. This is “not such an unimaginable figure compared to $500 trillion […]

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ForkLog 35 26.11.2024

Russia Formalises Bitcoin Taxation

On November 26, the State Duma passed a law on the taxation of digital currency in both the second and third readings, as reported by TASS. Cryptocurrency is now recognised as property. The tax base is determined by the excess of the asset’s value over the costs of its purchase or mining. Individuals selling cryptocurrency […]

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ForkLog 66 26.11.2024

US Customs Detain Antminer Shipments at Ports

Hundreds of Bitmain’s Antminer S21 and T21 ASIC miners have been stored in American ports for over a month, awaiting approval from the CBP. This was reported by Blockspace, citing unnamed industry sources. SCOOP from @theMiningPod Officials are halting Bitmain units at U.S. ports, industry firms report The Customs and Border Protection Agency (CBP) is […]

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ForkLog 22 25.11.2024

SEC Collects $8.2 Billion in a Year, Over Half from Terraform Labs Settlement

The SEC secured a record $8.2 billion through enforcement actions, with $4.47 billion stemming from a settlement with Terraform Labs (TFL). The regulator collected $2.1 billion in fines and $6.1 billion in payments to affected investors. Total figures increased by 65.5% compared to the previous year. Data: SEC. The reported data corresponds to the fiscal […]

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ForkLog 18 24.11.2024

Donald Trump Expands Cryptocurrency Advocates in Prospective Administration

US President-elect Donald Trump has nominated hedge fund manager Scott Bessent for the position of Treasury Secretary. The politician announced this on his social network, Truth Social. “Scott is widely respected as one of the world’s leading international investors, geopolitical and economic strategists. His story is the story of the American dream,” Trump stated. In […]

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ForkLog 17 23.11.2024

UK Announces Plans for Cryptocurrency Regulation

The United Kingdom aims to establish a comprehensive regulatory framework for the cryptocurrency industry by early 2025, as reported by CoinDesk. “We intend to engage companies in drafting legal provisions for the cryptocurrency asset regime, including stablecoins, as early as next year,” stated Economic Secretary Tulip Siddiq at the City & Financial Global tokenization summit. […]

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ForkLog 34 22.11.2024

Texas Legislator Proposes Strategic Bitcoin Reserve

A Texas lawmaker has initiated the development of a proposal to establish a strategic reserve of digital gold, according to Dennis Porter, CEO of Satoshi Action Fund (SAF). BREAKING: I have officially been asked to speak in Texas and will present on ‘Strategic Bitcoin Reserves’. Lawmakers from across the USA and the world will be […]

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ForkLog 9 21.11.2024

Expert Questions Bitcoin’s Role in Solving US National Debt

The notion that Bitcoin could eliminate the US national debt is an “exaggeration” of the cryptocurrency’s capabilities, according to Avik Roy, president of the Foundation for Research on Equal Opportunity, as reported by Cointelegraph. The expert was responding to an initiative by Senator Cynthia Lummis, who proposed a bill suggesting the purchase of 1 million […]

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ForkLog 7 21.11.2024

Trump Team Considers Appointing a ‘Crypto Czar’

Donald Trump and his transition team are contemplating the creation of a dedicated White House position focused on digital assets, according to sources cited by Bloomberg. U.S. presidents appoint so-called ‘czars’ to address high-priority issues such as climate change and border security. The initiative is being discussed with industry leaders, though no decision has been […]

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