regulation | ForkLog

ForkLog 16 29.06.2023

Duma Relieves Bank of Russia of Responsibility for Safeguarding Digital Rubles

The updated draft of the digital ruble bill has been submitted to government departments and market participants for final coordination ahead of the second reading.

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ForkLog 11 29.06.2023

David Marcus calls US cryptocurrency regulation ‘disheartening’.

The United States is lagging behind other countries in establishing a regulatory framework for digital assets, said David Marcus, head of Lightspark and former head of Meta's blockchain division.

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ForkLog 18 27.06.2023

EU reaches agreement on crypto-asset regulation in the banking sector

European Parliament deputies agreed a transitional prudential regime to shield the financial system from unbacked cryptoassets.

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ForkLog 27 27.06.2023

Media: Binance Withdraws License Application in Austria

Binance has withdrawn its license application from the Austrian Financial Market Authority (FMA). FinanceFWD reports, citing informed sources.

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ForkLog 21 26.06.2023

Singapore’s central bank reviews tokenisation and DeFi protocols

MAS presented a report summarising its work with BIS on Project Guardian.

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ForkLog 29 26.06.2023

Uzbekistan issues first crypto-depository license.

On June 21, the National Agency for Prospective Projects of Uzbekistan (NAPP) granted the first license to operate a crypto-depository for Lockton Hub.

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ForkLog 28 26.06.2023

FATF expresses concern over pace of Travel Rule implementation

Participants in the FATF must promptly implement the so-called Travel Rule to close gaps not covered by regulatory acts, the organisation said in a statement following its plenary session.

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ForkLog 24 26.06.2023

Binance names UAE a ‘key hub’ for the crypto industry

The Bitcoin exchange Binance regards the UAE as a "key point" for its business. This was stated by regional manager Alex Chehaid.

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ForkLog 10 26.06.2023

Japan Eases Tax Burden on Token Issuers

Token issuers in Japan are exempt from paying the 30% tax on unrealized gains from coins issued and held on balance. This followed clarifications to the relevant law by the National Tax Agency.

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ForkLog 24 24.06.2023

Belgium orders Binance to cease activities in the country

The Financial Services and Markets Authority (FSMA) has ordered the cryptocurrency exchange Binance to immediately cease offering digital asset-related services in the country.

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ForkLog 17 23.06.2023

IMF questions the case for banning cryptocurrencies

Banning cryptocurrencies may not be the best way to reduce the risks associated with them. IMF experts concluded as much.

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ForkLog 20 23.06.2023

Binance.US unfreezes withdrawals for the near future

The US arm of the cryptocurrency exchange Binance announced a resolution to the problems surrounding USD withdrawals. The company warned that the situation could change in the near future.

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