regulation | ForkLog

ForkLog 25 24.05.2023

Japan’s parliament approves Travel Rule implementation to begin on June 1

From June 1, in Japan VASP will start to comply with the so-called Travel Rule from FATF, which entails monitoring crypto transactions for AML purposes. The local parliament approved the corresponding decision.

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ForkLog 11 24.05.2023

Former CFTC chief equates Ethereum with commodities and securities

Ethereum may be both a security and a commodity, said former CFTC commissioner Dan Berkovitz.

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ForkLog 22 24.05.2023

Coinbase files new lawsuit against the SEC

The SEC does not intend to participate in creating a regulatory framework for digital assets and will ignore Coinbase's motion if the court does not grant it.

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ForkLog 6 23.05.2023

IOSCO sets out recommendations for regulating cryptocurrencies

The International Organization of Securities Commissions (IOSCO) published for public consultation policy recommendations for regulating crypto assets.

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ForkLog 131 23.05.2023

MicroStrategy backs proposal to account for Bitcoin at fair value in financial reporting

The analytics software provider MicroStrategy backed the FASB proposal, which envisions fair-value accounting for cryptocurrencies on the balance sheet.

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ForkLog 21 23.05.2023

OKX crypto exchange applies for license in France

OKX crypto exchange announced that it has applied for registered Digital Asset Service Provider (DASP) status in France.

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ForkLog 13 23.05.2023

Ukraine allows partial adoption of MiCA rules in the initial phase

For Ukraine to fully launch its crypto industry, it is enough to adopt only the basic, most important MiCA provisions.

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ForkLog 21 22.05.2023

Bakkt Eyes Expansion into Europe

Bakkt is exploring the possibility of expanding its business in Europe amid the strengthening of the local regulatory framework. This was stated by Dan O’Prey, head of product for the institutional platform.

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ForkLog 19 22.05.2023

G7 leaders agree to regulate risky AI.

Leaders of the Group of Seven (G7) have agreed on the need to regulate generative AI, expressing concern about its “disruptive potential.”

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ForkLog 8 19.05.2023

Texas proposes requiring cryptocurrency exchanges to prove reserves

Cryptocurrency exchanges intending to do business in Texas will have to maintain adequate reserves to meet all obligations to their clients.

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ForkLog 11 19.05.2023

BitPay reveals details of its operations amid banking turbulence

The BitPay processing service will suspend the BitPay Card program for several months to search for a new banking partner. The move followed the termination of its agreement with Metropolitan Commercial Bank.

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ForkLog 17 19.05.2023

Brad Garlinghouse predicts exodus of crypto firms from the United States

Many crypto firms could move from the United States to more progressive jurisdictions if local regulators continue the unfounded pursuit, Ripple CEO Brad Garlinghouse said.

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