regulation | ForkLog

ForkLog 12 09.06.2022

Lithuania tightens regulation of the crypto industry

The Lithuanian government approved amendments to anti-money laundering and counter-terrorism financing legislation concerning the regulation of the cryptocurrency market, according to the Ministry of Finance.

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ForkLog 10 08.06.2022

Kaitlin Long’s cryptocurrency bank sues the Fed

The Custodia cryptocurrency bank (formerly Avanti) has filed a lawsuit against the Fed over delays in ruling on its application for access to the regulator's payments system through a master account. The complaint was filed in the U.S. District Court for the District of Wyoming. Kaitlin Long accused the regulator of delaying the processing of a "critically important for business" Custodia filing. According to the lawsuit, 19 months had elapsed since the filing.

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ForkLog 8 07.06.2022

US Senate unveils bipartisan bill to regulate crypto industry

U.S. Senators Cynthia Lummis and Kirsten Gillibrand have introduced the full bipartisan bill to regulate the crypto industry, The Washington Post reports.

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ForkLog 19 05.06.2022

Vitalik Buterin criticises New York’s Bitcoin mining moratorium

Vitalik Buterin, founder of Ethereum, joined the criticism of New York state's moratorium on mining using electricity generated from carbon-based sources. He said authorities should not pick which specific applications may consume energy.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 11 03.06.2022

Cyprus to consider framework bill to foster crypto startups

The Cypriot Parliament will consider a framework bill on distributed ledger technology. The document aims to create favorable conditions for companies involved in digital assets, Blockworks reports.

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ForkLog 12 03.06.2022

RBI forecasts CBDCs could displace private cryptocurrencies

CBDCs can fully displace private virtual currencies, including Bitcoin. Deputy RBI Governor T. Rabi Sankar said so, Outlook reports.

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ForkLog 13 03.06.2022

Media: Venezuela to tighten oversight of Bitcoin transactions

The Venezuelan National Superintendency for Cryptoactives and Related Activities (Sunacrip) plans to strengthen oversight of transactions involving digital currencies.

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ForkLog 13 03.06.2022

Japan passes law recognising stablecoins as digital money

Japan's parliament passed a bill recognising stablecoins as digital money. Bloomberg reports.

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ForkLog 9 03.06.2022

US pension-plan provider sues the Labor Department over criticism of Bitcoin purchases

The 401(k) plan provider ForUsAll filed a lawsuit against the U.S. Department of Labor (DOL) and its head Marty Walsh. The firm seeks to overturn the agency's compliance order regarding investments in cryptocurrency, according to Decrypt.

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ForkLog 10 01.06.2022

Media reports on the creation of a digital assets committee in South Korea

The South Korean authorities will create a temporary Committee on Digital Assets after the Terra ecosystem's collapse. Local media report this.

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ForkLog 11 01.06.2022

Armenia’s central bank urged to draw up rules for the bitcoin market

Armenia's Committee on State Revenues has asked the central bank to draft regulations for the cryptocurrency industry.

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ForkLog 8 01.06.2022

UK proposes measures to guard against a stablecoin crash

Her Majesty's Treasury has published for public consultation a document introducing additional safeguards against the collapse of stablecoins.

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