regulation | ForkLog

ForkLog 24 25.03.2023

Lubin: Ethereum is not a security, but a highly liquid commodity

Co-founder of Ethereum Joseph Lubin said that the second-largest cryptocurrency by market cap is not a security. He said the asset is more like a highly liquid commodity.

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ForkLog 14 24.03.2023

Coinbase chief calls SEC policy ruinous for US financial sector

Regulatory policy of the SEC regarding digital assets could negatively affect the financial position of the United States. This was stated by Coinbase's CEO Brian Armstrong.

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ForkLog 21 23.03.2023

SEC issues Wells notice to Coinbase

American cryptocurrency exchange Coinbase has received a Wells notice from the SEC regarding an investigation into the listing process on the platform and its products — Coinbase Prime, Coinbase Wallet and the staking service Coinbase Earn.

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ForkLog 12 22.03.2023

Dutch central bank calls for regulation of cryptocurrencies

While it might be an 'attractive option' to let the crypto industry crash, it won't go away, despite difficult market conditions.

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ForkLog 9 22.03.2023

US Treasury to draft NFT tax guidance

NFTs may be treated as works of art and collectibles such as coins, spirits and antiques. Such amendments will be prepared by the IRS and the U.S. Treasury in new guidance.

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ForkLog 11 22.03.2023

Circle forecasts rise in banks’ interest in cryptocurrencies after MiCA

Within 48 months of MiCA's adoption, major European banks will roll out digital asset services. Such a forecast was provided by Circle's Director of Strategy and Regulatory Policy in Europe, Patrick Hansen.

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ForkLog 22 22.03.2023

US Senators Urge Crackdown on ‘Fake Audits’ of Crypto Firms

Senators Elizabeth Warren and Ron Wyden urged authorities to act against 'fake audits' of crypto firms. The matter is outlined in a letter from the politicians.

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ForkLog 20 22.03.2023

White House flags risks cryptocurrencies pose to citizens and the financial system

Digital assets do not meet the claimed use-case scenarios and pose risks to investors and financial stability overall. This conclusion is contained in the President of the United States' annual Economic Report to Congress.

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ForkLog 24 21.03.2023

Circle Applies for Licenses in France

The USDC co-issuer—Circle—applied in France for local licences as a digital-asset service provider and an e-money institution.

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ForkLog 13 20.03.2023

Belgian regulator sets out rules for cryptocurrency advertising

Advertising of digital assets in Belgium must be accurate and not misleading, and advertisements must include information about risks. This was stated by the Financial Services and Markets Authority (FSMA).

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ForkLog 18 20.03.2023

Taiwan to enact laws regulating digital assets

Taiwan will pass special legislation that would grant the local Financial Supervisory Commission (FSC) a mandate to regulate cryptocurrencies. The information was confirmed by the head of the agency Huang Tien-mu, Bloomberg reports.

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ForkLog 15 20.03.2023

NYCB subsidiary Flagstar Bank buys part of Signature Bank; crypto deposits excluded from the deal

NYCB's subsidiary Flagstar Bank has become the buyer of Signature Bank's crypto-friendly assets valued at $38.4 billion. They include a loan portfolio of $12.9 billion with a discount of $2.7 billion.

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