regulation | ForkLog

ForkLog 28 16.10.2021

SEC quietly approves first futures-based Bitcoin ETF

The U.S. Securities and Exchange Commission (SEC) approved ProShares' application to launch the futures-based Bitcoin Strategy ETF. This follows from the updated prospectus filed by the company.

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ForkLog 11 15.10.2021

Australia’s fifth-largest pension fund weighs bitcoin investments

Queensland Investment Corporation (QIC), which manages retirement savings totaling A$92.4 billion ($69 billion), is weighing a plan for small investments in cryptocurrencies, according to the Financial Times.

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ForkLog 13 15.10.2021

Experts warn of rising influence of cryptocurrencies on stock portfolio dynamics

The total market value of the shares of 52 companies that are in some way linked to digital assets amounts to $7.1 trillion. According to MSCI, this increases the sensitivity of equity portfolios to developments around cryptocurrencies.

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ForkLog 18 15.10.2021

Vatican criticised the role of cryptocurrencies in illegal migration

Cryptocurrencies play a dangerous role in human trafficking and contribute to rising crimes related to money laundering. This was stated by Vatican spokesman Janusz Urbanczyk.

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ForkLog 15 15.10.2021

Estonian regulator denies plans for automatic revocation of cryptocurrency licences

The Estonian Money Laundering Data Bureau (RAB), in a ForkLog commentary, said that it is not considering automatic revocation of previously issued licenses to operate cryptocurrency companies.

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ForkLog 13 15.10.2021

Coinbase proposes a new federal regulator for cryptocurrencies

The head of the U.S. bitcoin exchange Coinbase, Brian Armstrong, proposed that U.S. authorities form a federal agency with powers over digital assets.

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ForkLog 7 14.10.2021

G7 finance leaders outline CBDC development recommendations

CBDCs should "support and not undermine" the ability of monetary authorities to fulfil their monetary and financial stability duties. This was stated by the G7 finance leaders.

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ForkLog 10 14.10.2021

Bank of England calls Bitcoin collapse a plausible scenario

The Bank of England has deemed a collapse of the cryptocurrency market a 'plausible scenario' and flagged the need for an 'urgent' development of a regulatory framework for digital assets. This was stated by Deputy Governor John Cunliffe.

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ForkLog 8 13.10.2021

Australia to tighten penalties for Bitcoin ransomware attackers

Hackers in Australia will face tougher criminal penalties and asset seizures for ransomware attacks by crypto-ransomware programs. The Australian reports.

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ForkLog 17 13.10.2021

Head of Estonian regulator proposes revoking previously issued cryptocurrency licenses

The new head of the Estonian Financial Intelligence Unit (RAB), Matis Mäecker, proposed revoking all licenses previously issued for cryptocurrency trading.

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ForkLog 11 13.10.2021

SEC Officials Oppose Creating a ‘Safe Harbour’ for ICOs

Commissioner Caroline Crenshaw of the SEC spoke out against calls to create a 'Safe Harbour' that would shield ICO projects from regulator accountability.

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ForkLog 14 13.10.2021

IMF Warns of Contagion Risks to Global Finance From Stablecoins

Vulnerable to hacks, lacking transparency in issuance and distribution of tokens, and with potential outages due to the high volatility of cryptocurrencies, particularly stablecoins, they pose risks to the global economy. The IMF report notes these conclusions.

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