regulation | ForkLog

ForkLog 118 24.05.2025

Kazakhstan Introduces Licensing for Crypto Exchanges

The National Bank of Kazakhstan has developed legislative amendments that establish the legal status of crypto exchange operators and introduce licensing for their activities. This was announced at a briefing for the media by Yerlan Ashykbekov, Director of the Payment Systems Department. According to him, the proposals aim to introduce “systemic regulation” of digital asset […]

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ForkLog 36 23.05.2025

HYPE Reaches Record High Amid CFTC Crypto Derivatives Inquiry

The native token of the Hyperliquid platform (HYPE) surged by 18.9% to a new all-time high of $36.77. The catalyst was comments submitted to the CFTC regarding the potential approval of perpetual contracts and 24/7 cryptocurrency trading. The following post is from Hyperliquid Labs Hyperliquid Labs is committed to the advancement of defi and its […]

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ForkLog 98 23.05.2025

SEC to Review TRON-Based ETF Application

The U.S. Securities and Exchange Commission (SEC) has commenced its review of an application from the CBOE to register a spot exchange-traded fund (ETF) based on TRON (TRX) with a staking feature from Canary Capital. Bitgo will serve as the custodian for the product. The agency has invited interested parties to comment on the proposed […]

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ForkLog 28 22.05.2025

David Sacks Predicts Surge in Demand for US Treasuries Following GENIUS Act Adoption

The adoption of the GENIUS Act concerning stablecoins will boost demand for US Treasuries “by trillions of dollars,” according to David Sacks, special advisor to Donald Trump on AI and cryptocurrencies, in an interview with CNBC. The bill will require issuers of “stable coins” to fully back the issuance of assets with government bonds or […]

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ForkLog 26 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 29 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 93 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 71 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 38 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 38 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 133 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 23 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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