regulation | ForkLog

ForkLog 8 13.05.2025

Arizona Governor Rejects ‘Risky’ Cryptocurrency Bills

Arizona Governor Katie Hobbs vetoed two cryptocurrency-related bills, labeling them as ‘too risky’. The first rejected bill proposed the creation of a reserve fund from confiscated digital assets. Hobbs noted that she had already signed a law allowing the state to use cryptocurrency without risking the main budget. She stated that market volatility makes such […]

AI translated

ForkLog 19 13.05.2025

New York Mayor Reaffirms Ambition to Make City Global Crypto Capital

New York Mayor Eric Adams has reiterated his ambition to transform the city into the world’s crypto capital. The official made this statement ahead of the inaugural summit on digital assets, scheduled for May 20. “We are focused on the long-term values of these technologies […], rather than chasing memes or trends,” Adams stated. He […]

AI translated

ForkLog 55 12.05.2025

Zelensky Withdraws Cryptocurrency Bill: Reasons Revealed

The Office of the President of Ukraine has blocked the consideration of a bill regulating cryptocurrencies in the country, as reported by MP Yaroslav Zheleznyak on Telegram. According to him, President Volodymyr Zelensky has withdrawn the document from consideration indefinitely. “The bill disappeared from the Verkhovna Rada’s agenda after a meeting at the President’s Office. […]

AI translated

ForkLog 21 12.05.2025

US Senators Propose Ban on Cryptocurrency Promotion by Government Officials

Twenty Democratic senators in the United States have introduced a bill prohibiting the president, vice president, members of Congress, and their families from issuing or promoting cryptocurrencies. The initiative, titled the “End Crypto Corruption Act — 2025,” also targets executive branch employees, including Elon Musk, who heads the Department of Government Efficiency (DOGE). The document […]

AI translated

ForkLog 32 09.05.2025

Stablecoin Bill Stumbles in Key US Senate Vote

On May 8th, the stablecoin bill (GENIUS Act) failed to pass a crucial procedural vote in the US Senate. This occurred after several Democrats refused to bring the document to the floor of the upper chamber of Congress, reports Decrypt. Among those opposing were Ruben Gallego of Arizona, Mark Warner of Virginia, Lisa Blunt Rochester […]

AI translated

ForkLog 15 08.05.2025

US Regulator Highlights Broad Opportunities for Banks in Cryptocurrency Operations

American banks can conduct crypto transactions at the request of clients, provide custodial services through third parties, and also prepare tax reports on digital assets. This is outlined in the clarification by the OCC. OCC-regulated banks may buy and sell assets held in custody and are permitted to outsource bank-permissible crypto-asset activities, including custody and […]

AI translated

ForkLog 20 07.05.2025

K33 Research Advises Bitcoin Investors to Hold Steady in May

A hodling period begins after accumulating coins below $80,000. The deadlines for Trump’s directives on the bitcoin reserve have passed, but emerging details may cause volatility. The absence of rising funding rates serves as a medium-term positive for the leading cryptocurrency. The stock market adage “sell in May and go away” will not apply to […]

AI translated

ForkLog 18 06.05.2025

Britain Rejects the Idea of a National Bitcoin Reserve

The UK Treasury has no plans to establish a national reserve of digital assets. This was stated by the Economic Secretary to the Treasury, Emma Reynolds, at the FT Digital Asset Summit, reports Decrypt. According to her, the UK does not intend to adopt the US approach. The official noted that such a strategy is […]

AI translated

ForkLog 16 06.05.2025

Cryptocurrency Mentions in SEC Filings Reach Record High

In April, the number of mentions of “cryptocurrencies” in reports to the SEC surged to a record 786. This figure rose by 38% month-on-month and 8% year-on-year, according to The Block. From January 2024 to March 2025, the average monthly figure was 457. The publication suggests this spike indicates increased federal agency attention to digital […]

AI translated

ForkLog 18 03.05.2025

Two Key IRS Crypto Tax Architects Depart Over DOGE

Leading digital asset specialists at the U.S. Internal Revenue Service (IRS), Seth Wilks and Raj Mukherjee, are set to leave the agency following an offer of “deferred resignation” from DOGE. This was reported by CoinDesk. According to informed sources, Wilks and Mukherjee will formally remain IRS employees for several more months. However, as of May […]

AI translated

ForkLog 32 02.05.2025

Tether to Launch US Stablecoin in Early 2026

Tether’s initiative to release a new American stablecoin could be realized by early 2026, stated the company’s head, Paolo Ardoino, in an interview with CNBC. “The American stablecoin will differ from the international one. This depends on the timing of the final legislation, but we are aiming for a [launch] by the end of the […]

AI translated

ForkLog 130 30.04.2025

Where to get a crypto licence in 2025: a survey of jurisdictions

Amid tighter regulation and governments’ growing interest in building bitcoin reserves, more firms are hunting for jurisdictions with a tolerant approach to digital assets—minimal red tape and clear rules. In this article, together with Yulia Barabash, managing partner at the law firm SBSB Fintech Lawyers, we examine the key questions around crypto-business licensing in 2025. […]

AI translated

#regulation