regulation | ForkLog

ForkLog 14 29.09.2023

Circle backs Binance over BUSD status

Buyers of stablecoins do not expect profits, so this asset class does not meet investment contract criteria. This statement was made by Circle's chief counsel Hite Tarbert.

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ForkLog 14 28.09.2023

US lawmakers threaten to sue the SEC chair

SEC Chair Gary Gensler testified before the House, facing harsh criticism from lawmakers.

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ForkLog 10 27.09.2023

JPMorgan: Stablecoin Issuers Could Disrupt the Money Market

Issuers of stablecoins risk undermining the short-term funding market after the Fed restricted access to it. JPMorgan says so, Bloomberg reports.

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ForkLog 14 27.09.2023

BIS Urges Countries to Lay Legal Groundwork for CBDCs

The BIS has urged governments worldwide to establish a regulatory framework for central bank digital currencies.

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ForkLog 9 27.09.2023

Shanghai authorities outline strategy to develop the blockchain industry

Shanghai authorities published a comprehensive set of measures aimed at accelerating the development of blockchain technology in the city by 2025.

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ForkLog 17 27.09.2023

EU Commission warns of AI risks to democracy

Tools of generative AI pose risks to free and fair elections in a democratic society, said EU Commissioner Vera Jourova.

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ForkLog 22 27.09.2023

WSJ: Binance Loses Ground Under US Regulators’ Pressure

Binance is in a vulnerable position due to pressure from US regulators. If after the collapse of FTX the platform accounted for 70% of all trades on the crypto market, that figure has now fallen to 50%, according to Kaiko.

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ForkLog 29 27.09.2023

SEC Delays Ruling on Bitcoin ETF; Lawmakers Urge Immediate Action

The U.S. Securities and Exchange Commission delayed ruling on several applications for a spot Bitcoin-ETF from ARK Invest and 21Shares until January 10, 2024.

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ForkLog 19 26.09.2023

Chinese court recognises Bitcoin as digital currency

The Shanghai Second Intermediate People's Court recognised the first cryptocurrency as a 'unique and non-reproducible' digital asset, affirming its value under the law.

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ForkLog 7 23.09.2023

Coinbase CEO opposes AI regulation, calls for industry decentralisation

The CEO of Coinbase, Brian Armstrong, spoke out against AI regulation and called for decentralisation of the industry.

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ForkLog 19 22.09.2023

Poland’s regulator opens probe into ChatGPT after a complaint

Poland's data protection authority has opened an investigation into a complaint about OpenAI's ChatGPT.

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ForkLog 7 22.09.2023

Non-EU countries urged to tighten crypto regulation

Non-Schengen countries should ensure stricter oversight of the cryptocurrency industry.

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