regulation | ForkLog

ForkLog 9 29.09.2022

CFTC chief foresees Bitcoin price rise as oversight takes hold

Regulation of the digital-asset market under the leadership of the CFTC could bring significant benefits, including a potential rise in the price of the leading cryptocurrency. This was stated by the agency's head Rostin Benham, according to CoinDesk.

AI translated

ForkLog 8 28.09.2022

Media: Japan to tighten anti-money-laundering rules for cryptocurrencies

The Japanese government will introduce new rules tightening the fight against the laundering of illegally obtained funds through digital assets. The report comes from Nikkei.

AI translated

ForkLog 10 28.09.2022

IMF flags risks of concentration of control at exchanges in PoS networks

The Proof-of-Stake (PoS) consensus mechanism could lead to “an excessive concentration of decision-making powers in the hands of crypto exchanges and custodial service providers, with risks to market integrity.” IMF researchers say in a study on regulating the industry.

AI translated

ForkLog 18 28.09.2022

ECB and Fed chiefs urge tougher regulation of the DeFi sector

Chairmen of leading central banks, in an online discussion organized by the Bank of France, said that strengthening regulation of the decentralized finance (DeFi) sector is warranted as it develops.

AI translated

ForkLog 15 28.09.2022

Fed chair signals no decision yet on digital dollar launch

The Fed has not yet decided on advancing CBDC in the United States. Powell said this at a conference on the role of central banks in digital asset markets.

AI translated

ForkLog 15 26.09.2022

Bloomberg reports Binance plans to return to Japan

The cryptocurrency exchange Binance has applied for a licence to operate in Japan, four years after abandoning plans to establish a headquarters in the country. Bloomberg reports, citing sources.

AI translated

ForkLog 11 26.09.2022

LBRY CEO says the SEC aims to undermine the industry

The SEC clearly demonstrated that it intends to damage or destroy the cryptocurrency industry in the United States. This was stated by LBRY's CEO, Jeremy Kauffman, founder of the decentralized content-publishing platform LBRY, according to Decrypt. In March 2021, the Commission filed a lawsuit against the company over allegations of selling unregistered securities in connection with the ICO for $11 million. LBRY tokens are used to upload files and make payments on the blockchain platform. The coins were distributed before its launch.

AI translated

ForkLog 8 26.09.2022

California Governor vetoes cryptocurrency regulation bill

California Governor Gavin Newsom vetoed a bill that would license companies providing crypto-financial services in the state.

AI translated

ForkLog 17 26.09.2022

Messari founder calls bear market ‘useful’ for the industry

Tightening belts in a downtrend will benefit the digital-asset industry. This was stated in an interview with Decrypt by Messari founder and CEO Ryan Selkis.

AI translated

ForkLog 7 23.09.2022

UK moves to simplify and speed up seizure of cryptocurrencies

The British Parliament will consider a bill aimed at tackling cybercrime and money laundering. In particular, the measure would broaden law enforcement powers over cryptocurrencies.

AI translated

ForkLog 8 23.09.2022

Tax-evading crypto investors in the United States come under IRS scrutiny

The Internal Revenue Service (IRS) will issue invitations to appear before the agency to users who do not file tax returns and do not pay tax on crypto transactions. This will be possible after a court order.

AI translated

ForkLog 21 23.09.2022

CFTC files first suit against the DAO and its members

The CFTC filed suit in court against Ooki DAO, created in 2021 to govern the DeFi platform bZx, and also its token holders.

AI translated

#regulation