regulation | ForkLog

ForkLog 10 05.09.2022

Nigeria and Binance to create a blockchain-focused free zone

Nigerian authorities and the cryptocurrency exchange Binance are in talks to establish a free digital economic zone that will help entrepreneurs accelerate the adoption of blockchain technologies in the region. Bloomberg reports.

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ForkLog 6 02.09.2022

Expert criticises dYdX for collecting new users’ biometric data

Adam Cochran, a partner at venture firm Cinneamhain Ventures, expressed disappointment with dYdX's decision to collect and store biometric data of new users as part of a promotional campaign.

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ForkLog 10 01.09.2022

Indonesia to launch a state-backed bitcoin exchange

Indonesian authorities will establish a platform for trading cryptocurrencies by the end of the year. According to Deputy Trade Minister Jerry Sambuaga, the initiative is aimed at protecting investors amid rising interest in digital assets, DealStreetAsia reports.

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ForkLog 12 01.09.2022

South Korea arrests suspects linked to ‘kimchi premium’ cases

South Korean authorities have arrested 16 people suspected of aiding illegal foreign-exchange operations as part of the 'kimchi premium' arbitrage. Seoul Daily News reports.

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ForkLog 7 01.09.2022

California Legislature approves cryptocurrency regulation bill

The California Legislature approved a bill that would license companies providing crypto-financial services in the state. The measure has been sent to Governor Gavin Newsom for signing.

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ForkLog 9 31.08.2022

Georgia to update crypto regulation to align with EU rules

Georgia's authorities approved an updated regulatory framework for the financial sector regulating the trading of cryptocurrencies in the country, says Deputy Prime Minister Levan Davitashvili, according to Business Media Georgia.

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ForkLog 10 31.08.2022

Paraguayan President vetoes cryptocurrency mining bill

Paraguayan President Mario Abdo Benítez vetoed a bill regulating cryptocurrency mining and trading.

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ForkLog 16 31.08.2022

Messari founder calls SEC stance on spot Bitcoin ETF fraud

Messari founder Ryan Selkis criticises the SEC for denying the conversion of Grayscale Investments' bitcoin trust into a publicly traded ETF.

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ForkLog 12 29.08.2022

Singapore authorities to curb speculation in cryptocurrencies

The Monetary Authority of Singapore (MAS) intends to foster a vibrant digital assets ecosystem, while curbing 'speculative trading of cryptocurrencies,' MAS managing director Ravi Menon said.

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ForkLog 15 29.08.2022

Dubai regulator issues new rules for cryptocurrency advertising

The Dubai Virtual Asset Regulation Authority published new marketing rules governing advertising and promotion of cryptocurrencies within the city.

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ForkLog 15 26.08.2022

Japan to consider tax relief for crypto startups

The FSA and the Ministry of Economy, Trade and Industry of Japan are considering a proposal for the 2023 tax reform. Among the options is a tax exemption for crypto startups issuing their own tokens from taxes on unrealised gains.

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ForkLog 13 26.08.2022

Singapore authorities initiate checks on crypto firms

The Monetary Authority of Singapore has sent requests to cryptocurrency companies regarding their activities and assets, Bloomberg reports citing sources.

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