regulation | ForkLog

ForkLog 8 12.10.2021

British regulator opens investigation into Sorare NFT platform

The British Gambling Commission has opened an investigation into Sorare's fantasy football NFT platform, according to the regulator's website.

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ForkLog 18 11.10.2021

Media: China weighs avenues for prosecuting crypto trading and mining

Leading agencies in China have begun examining legal norms for consideration in courts and for handing down verdicts in cases related to cryptocurrency trading and mining, according to Caijing Magazine, citing its own sources.

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ForkLog 8 09.10.2021

Media: White House to task regulators with crypto-oversight recommendations

The Biden administration is weighing issuing an executive order directing federal agencies to study the crypto industry and issue oversight recommendations.

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ForkLog 17 08.10.2021

Media: More than 20 crypto firms exit China

After a new wave of Beijing-led crackdowns on the crypto industry began on 24 September 2021, more than 20 firms exited the Chinese market, according to the China Securities Journal.

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ForkLog 15 07.10.2021

FSB flags gaps in stablecoin regulation

Implementation of the recommendations for global stablecoin regulation remains at an early stage, with gaps and fragmentation persisting. These findings are contained in the G20 Financial Stability Board (FSB) report.

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ForkLog 10 07.10.2021

European Parliament calls for ban on facial-recognition systems in public spaces

The European Parliament urged a ban on automatic facial recognition in public spaces and called for stringent safeguards when police use artificial intelligence. The resolution was backed by 377 of 687 MEPs.

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ForkLog 13 07.10.2021

U.S. DOJ to Create ‘National Cryptocurrency Enforcement Group’

The U.S. Department of Justice will create 'National Cryptocurrency Enforcement Group' to bolster the agency's ability to fight financial markets that enable cybercriminals to thrive.

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ForkLog 19 06.10.2021

Regulator reshuffle and EU-rule misalignment: why Zelensky vetoed the Virtual Assets Law

In early September, the Verkhovna Rada of Ukraine adopted in the second reading and in full the law On Virtual Assets. However President Volodymyr Zelensky did not approve the document in its current form.

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ForkLog 9 06.10.2021

Senator Elizabeth Warren proposes studying the role of cryptocurrency in ransomware payments

Ransomware victims would be required to report to the DHS information about payments to criminals. The proposal is contained in the ransomware disclosures bill from Senator Elizabeth Warren and Representative Deborah Ross.

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ForkLog 19 06.10.2021

BIS issues recommendations on regulating stablecoins

The Bank for International Settlements (BIS) published a report with guidance on aligning stablecoin mechanisms with international standards for payment, clearing and settlement systems.

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ForkLog 14 06.10.2021

Gary Gensler: SEC Has No Plans to Ban Cryptocurrencies

The U.S. Securities and Exchange Commission (SEC) has no plans to ban cryptocurrencies; that is a prerogative of Congress. Gary Gensler, the regulator's head, said this.

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ForkLog 7 06.10.2021

US Congress proposes regulatory holidays for crypto startups

In the United States, conditions must be created for conducting token sales without the risk of enforcement actions by the U.S. Securities and Exchange Commission (SEC). Such proposals are contained in the Clarity for Digital Tokens Act of 2021, drafted by Representative Patrick McHenry.

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