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ForkLog 8 22.09.2022

WSJ: Coinbase earmarked $100 million to test prop trading

In 2021, the bitcoin exchange Coinbase formed a unit focused on trading and staking. Beyond serving clients' interests, its employees also used platform funds. The Wall Street Journal reports.

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ForkLog 15 22.09.2022

Binance forms global advisory council of high-ranking former officials

The cryptocurrency exchange Binance announced the creation of a global advisory council to foster dialogue on the industry’s regulatory regime. It includes high-ranking former officials from various countries.

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ForkLog 16 21.09.2022

Brian Armstrong criticises US approach to cryptocurrency regulation

The tough approach to regulating the cryptocurrency industry is stifling its development, forcing projects and developers to leave the United States, said Coinbase chief executive Brian Armstrong.

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ForkLog 20 21.09.2022

Bloomberg reports two-year moratorium on algorithmic stablecoins in the United States

A bill to regulate 'stablecoins' being developed in the U.S. House would impose a two-year ban on new algorithmic stablecoins similar to TerraUSD (UST). Bloomberg reports.

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ForkLog 6 19.09.2022

US Treasury seeks comments on the role of cryptocurrencies in illicit activity

The U.S. Treasury Department has invited public comments on the role of digital assets in illicit activity and the department's response to the issue.

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ForkLog 8 19.09.2022

Australian senator warns digital yuan poses national-security risk

Australian Senator from New South Wales Andrew Bragg announced a new bill on digital assets, including measures targeting the digital yuan.

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ForkLog 13 19.09.2022

Ukraine to align its cryptocurrency law with EU MiCA rules

Ukraine's 'On Virtual Assets' law will be revised to reflect the provisions of the European draft regulation on crypto-asset regulation (MiCA).

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ForkLog 15 19.09.2022

Media: Binance faces xenophobia in bid for Voyager Digital assets

Binance's participation in the auction for the assets of the bankrupt cryptocurrency lender Voyager Digital has come into question over national-security concerns, according to sources cited by CoinDesk.

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ForkLog 22 17.09.2022

The White House unveils a concept for regulating the U.S. crypto industry

On Friday, September 16, the White House unveiled a concept for regulating the cryptocurrency industry. The document sparked debate within the community.

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ForkLog 8 16.09.2022

Media: SEC crypto accounting guidance undermines banks’ initiatives

The SEC's requirement that all U.S. public companies account for customer-held digital assets as liabilities has negatively affected banks' projects, Reuters reports.

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ForkLog 14 16.09.2022

US to shield gig workers from ‘unfair’ algorithms

The U.S. Federal Trade Commission has pledged to protect gig workers from unfair contracts, pay, working time, and discriminatory algorithms.

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ForkLog 13 16.09.2022

SEC chief signals PoS cryptocurrencies could be securities

Suggesting the possibility of staking cryptocurrencies could pass the Howey test, used to determine whether an asset is a security, said SEC Chair Gary Gensler in a Senate hearing.

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