regulation | ForkLog

ForkLog 8 23.05.2022

ECB chief calls for regulation of cryptocurrencies

ECB chief Christine Lagarde said that cryptocurrencies are unbacked and should be regulated.

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ForkLog 7 20.05.2022

FCA urged to take TerraUSD collapse into account in regulatory work

The UK's Financial Conduct Authority (FCA) should “take into account” the recent volatility in the cryptocurrency market as it works on the regulatory framework for the industry, said Sarah Pritchard, the agency's executive director, in an interview with Bloomberg.

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ForkLog 9 20.05.2022

Fed vice-chair candidate urges regulation of stablecoins

The nominee for the position of vice chair of the Fed, Michael Barr, at a Senate hearing, highlighted the importance of creating a regulatory framework for stablecoins. If confirmed to the post, he would focus on banking regulation tasks.

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ForkLog 16 20.05.2022

Panama’s president does not back a cryptocurrency bill

Panama's President Laurentino Cartiso said he would not sign the bill passed by Parliament regulating the use of cryptocurrencies in its current form.

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ForkLog 9 20.05.2022

G7 urges faster regulation of cryptocurrencies after TerraUSD collapse

FSB should accelerate the development of digital asset regulation. The request is contained in the communique from the G7 finance ministers' meeting, Reuters reports.

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ForkLog 6 19.05.2022

Lawmakers Submit Bill on NFTs to Russia’s State Duma

The State Duma of the Russian Federation has registered a bill amending the Civil Code to codify the concept of a non-fungible token (NFT).

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ForkLog 5 19.05.2022

Media reports that the White House plans to require crypto exchanges to segregate customer and corporate funds

The Biden administration will pressure Congress to compel crypto exchanges to keep customers' assets separate from corporate funds.

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ForkLog 8 18.05.2022

State Duma backs first reading of bill taxing digital assets

In the State Duma, the bill on taxing operations with digital financial assets (DFA) was backed in the first reading.

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ForkLog 5 16.05.2022

British Treasury rules out legalising algorithmic stablecoins

The British Treasury will include regulation of stablecoins as a payment mechanism in the Financial Services and Markets Bill, The Telegraph reports.

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ForkLog 14 16.05.2022

Media: RBI officials fear cryptocurrency-driven dollarisation of the Indian economy

Cryptocurrencies could lead to the dollarisation of part of the economy, which would run counter to India's sovereign interests. RBI officials stated this, The Economic Times reports citing sources.

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ForkLog 6 16.05.2022

Nigeria’s SEC classifies cryptocurrencies as securities

The Nigerian Securities and Exchange Commission published new rules regulating cryptocurrencies, classifying them as securities.

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ForkLog 7 13.05.2022

Hester Peirce urged to ‘leave room for missteps’ in regulating stablecoins

In overseeing stablecoin issuers, it is necessary to preserve certain exemptions to continue innovation. Securities and Exchange Commission Commissioner Hester Peirce said.

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