regulation | ForkLog

ForkLog 15 14.02.2022

US Treasury confirms miners and stakers exempt from IRS data reporting

Miners, software developers and staking pools will not be required to relay information about their clients' crypto transactions to the IRS. The department's letter to a group of senators states this, Bloomberg reports.

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ForkLog 12 11.02.2022

Hungary’s central bank backs full ban on cryptocurrencies and mining

The head of Hungary's central bank György Matolcsy urged the EU to ban cryptocurrency trading and mining.

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ForkLog 9 11.02.2022

US Senators draft bill to regulate recommendation algorithms

US senators have drafted a bipartisan bill regulating social-network recommendation algorithms.

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ForkLog 7 10.02.2022

Kazakhstan authorities plan to license cryptocurrency miners

To address electricity shortages and bring shadow miners into the legal sector, Prime Minister Alihan Smailov instructed the development of rules introducing licensing for cryptocurrency mining. The announcement is on the prime minister's website.

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ForkLog 8 10.02.2022

Tennessee to discuss possibility of state investments in cryptocurrencies and NFTs

A bill has been introduced in the Tennessee House of Representatives that, if approved, would allow state agencies in the region to invest in cryptocurrency and NFTs.

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ForkLog 16 09.02.2022

US Congress Rejects PWG Proposals on Stablecoins

In the House Financial Services Committee, members did not back the idea of equating stablecoin issuers with insured depository institutions.

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ForkLog 21 09.02.2022

Russian government sets out mechanism for Bitcoin transactions via banks

The Russian authorities plan to impose strict obligations on all participants in the crypto market. ForkLog outlines the main provisions of the government-approved concept for regulating the turnover of digital currencies.

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ForkLog 7 09.02.2022

Bill to regulate social-media recommendation algorithms to be submitted to the State Duma

The bill regulating recommendation systems is almost ready for submission to Parliament. This was announced by Anton Gorelkin, deputy speaker of the State Duma for information policy, information technology and communications.

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ForkLog 10 08.02.2022

Bitcoin industry in Ukraine named a driver of the digital economy

The cryptocurrency industry should become a powerful driver of Ukraine's digital economy, said Deputy Minister Oleksandr Borniakov.

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ForkLog 16 08.02.2022

FDIC sees risks to the financial system in adopting cryptocurrencies

Cryptocurrencies and the assessment of risks related to them have become among the FDIC's top priorities for 2022, Acting Chairman Martin J. Gruenberg said.

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ForkLog 9 04.02.2022

US lawmakers unveil rules to regulate discriminatory AI

American lawmakers renewed efforts to hold tech companies accountable for bias in algorithms. They introduced an updated version of the bill requiring audits of AI systems in areas such as finance, healthcare, housing, and education.

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ForkLog 5 03.02.2022

Issuer of Nornickel tokens has received a Bank of Russia license

The Russian blockchain platform Atomyze has received from the Bank of Russia the status of operator of an information system for managing digital financial assets.

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