regulation | ForkLog

ForkLog 21 21.05.2025

Russia Endorses Measures Against Digital Ruble Money Laundering

The Federation Council has approved a law extending AML regulations to participants of the digital ruble platform. On May 20, the State Duma passed the document in its second and third readings. Initially, the bill proposed centralized control over asset transactions by the Central Bank. In the final version, this control is shared between the […]

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ForkLog 23 20.05.2025

Implications of the US Stablecoin Legislation: Expert Opinions

On May 19, the US Senate approved the cessation of debates on the GENIUS Act, a bill introducing a new regulatory framework for the stablecoin market. ForkLog gathered expert opinions on the matter. Alexey Zyuzin, CEO of Crypto Summit, believes that “the US is demonstrating its ambition to lead the industry and establish the dollar […]

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ForkLog 87 20.05.2025

US Senate Advances Bipartisan Stablecoin Regulation Bill

The US Senate has voted to advance the GENIUS Act, a bill aimed at regulating stablecoins. The initiative’s author, Bill Hagerty, announced the development. Tonight, the Senate moved forward on the GENIUS Act. This groundbreaking, bipartisan legislation will bring America’s payment system into the 21st century. The GENIUS Act skyrockets the United States with a […]

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ForkLog 52 19.05.2025

Russia Proposes Legislation on Cryptocurrency Confiscation and Tokenization

The Russian Ministry of Justice has drafted a bill recognizing cryptocurrencies as property for the purposes of seizure and confiscation, according to TASS, citing Deputy Minister of Justice Vadim Fedorov. “Simultaneously, it is proposed to establish special requirements aimed at ensuring its preservation. Taking into account the specifics of a particular [digital] currency, an investigator […]

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ForkLog 28 19.05.2025

Experts Clarify New Russian Central Bank Requirements for Digital Assets

The Bank of Russia has approved rules for the admission of foreign digital rights (FDR) to the Russian market. ForkLog sought explanations from experts. According to the new criteria, certain stablecoins may fall under restrictions. Only instruments similar to Russian DFA will be permitted. Assets linked to securities from unfriendly issuers are not allowed. FDR […]

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ForkLog 30 19.05.2025

Elton John Criticises UK’s AI Development Plan

British musician Elton John has labelled the proposed changes to copyright laws in the context of AI in the UK as “criminal” and accused officials of “stealing” from artists. “The danger is that young artists do not have the resources to continue checking and fighting against big tech. It’s criminal, and I feel incredibly betrayed,” […]

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ForkLog 123 17.05.2025

Russia’s Central Bank Tightens Digital Asset Regulations

The Central Bank of Russia has expanded the requirements for foreign digital rights (FDR) entering the market. The update aims to protect investors from risks associated with acquiring these instruments. From August 2024, such assets may circulate in the country alongside Russian DFA. The regulator’s directive sets additional criteria for FDR: they must not be […]

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ForkLog 18 16.05.2025

Duma Committee Endorses Gradual Introduction of Digital Ruble

The draft law for the phased introduction of the digital ruble into broad circulation has received approval from the Russian State Duma’s Financial Market Committee, according to Izvestia. The lower house will review the bill in a session on May 20. According to the publication, the regulator and institutions involved in the pilot are technologically […]

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ForkLog 21 16.05.2025

JPMorgan Predicts Bitcoin to Surpass Gold by Year-End

In the latter half of the year, the leading cryptocurrency is expected to continue its price ascent, outpacing gold, driven by corporate acquisitions and growing support from American states. These conclusions were drawn by JPMorgan, as reported by The Block. Experts referred to the implementation of the debasement trade strategy, which became relevant for both […]

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ForkLog 91 14.05.2025

Kazakhstan Eyes Potential Tax Windfall from Cryptocurrency Market

The advancement of mining and broader trading of digital assets could position Kazakhstan as a crypto hub and boost budget revenues. This was stated by the First Vice Minister of Digital Development, Innovations and Aerospace Industry, Kanysh Tuleushin, to local media. Modernizing the Energy System According to Tuleushin, miners could aid in modernizing the country’s […]

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ForkLog 12 14.05.2025

Former CFTC Commissioner to Lead Blockchain Association

Commissioner CFTC Summer Mersinger will step down on May 30. Starting June 2, she will assume the role of CEO at the nonprofit Blockchain Association. “She is the perfect leader for the association at a pivotal moment,” said Blockchain Association board president Marta Belcher. Mersinger’s departure marks the second change at the CFTC this month: […]

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ForkLog 43 14.05.2025

US Senators Urge Reassessment of Tax on Unrealized Crypto Gains

US Senators Cynthia Lummis and Bernie Moreno have called on the Treasury to exclude unrealized cryptocurrency gains from corporate tax calculations. Our edge in digital finance is at risk if U.S. companies are taxed more than foreign competitors. @berniemoreno & I urged the @USTreasury to lift an unintended tax burden on U.S. digital asset companies. […]

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