regulation | ForkLog

ForkLog 8 05.10.2021

Zelensky Returns Law on Virtual Assets for Reconsideration

President of Ukraine Volodymyr Zelensky has returned the law 'On Virtual Assets' to the Verkhovna Rada for reconsideration with his proposals. The document with the corresponding directives is with ForkLog.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 11 05.10.2021

Skolkovo proposes unified ethics standards for AI

The head of the Skolkovo Foundation, Arkady Dvorkovich, called for unified ethics standards in artificial intelligence. He spoke at the International Forum on Science and Technology for Society in Kyoto.

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ForkLog 13 04.10.2021

Ukraine’s central bank chief flags regulator’s concerns over digital assets

The greatest concern of the National Bank of Ukraine (NBU) regarding virtual assets (VA) is their potential use for money laundering. This was stated by the regulator's head, Kirill Shevchenko.

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ForkLog 12 04.10.2021

Cardano investors in Japan underpay about $6 million in taxes, audit finds

Japanese residents underpaid about ¥1.4 billion (~$12.6 million) in taxes, with half of the amount tied to Cardano (ADA) transactions, according to an audit by Nikkei.

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ForkLog 11 04.10.2021

Brazil to tighten penalties for cryptocurrency-related crimes

The Special Committee of the Brazilian Chamber of Deputies proposed increasing fines for money laundering using cryptocurrencies from one-third to two-thirds of the amount, and the prison term to four to sixteen years and eight months.

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ForkLog 47 04.10.2021

China unveils ethical principles for AI regulation

China’s Ministry of Science and Technology unveiled a set of ethical principles for AI regulation, emphasising user rights protection and risk mitigation. The authorities aim to make Beijing a global AI leader by 2030.

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ForkLog 11 04.10.2021

KuCoin bars registration for Chinese users

KuCoin barred Chinese citizens from registering on its platform. The company will stop serving existing customers from this country by December 31. KuCoin said the move was necessary to comply with regulatory requirements. "Since its inception in 2017 we have always complied with the laws of various countries. On September 24, 2021 KuCoin reacted to the latest statements by the Chinese government and began reviewing its business processes for regulatory compliance."

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ForkLog 12 03.10.2021

Media reports say US authorities plan to treat stablecoin issuers as banks

The Biden administration is considering bringing stablecoin issuers into the legal framework. They could be subject to the same requirements used in regulating the banking sector.

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ForkLog 15 01.10.2021

IMF urges stronger regulation of cryptocurrencies

The IMF has said that regulation of the cryptocurrency industry needs to be strengthened, as its growth creates a number of problems and risks to financial stability.

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ForkLog 37 01.10.2021

Kyrgyz government approves new electricity tariffs for miners

The Kyrgyz government approved new electricity tariffs for 2021-2025. They provide for higher electricity prices for mining activities.

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ForkLog 9 01.10.2021

French regulator warns investors against dealing with illegal cryptocurrency firms

The French Financial Markets Authority (AMF) updated the list of unregistered companies involved in cryptocurrency investments.

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ForkLog 11 01.10.2021

Australia to regulate the cryptocurrency industry

By the end of October 2021, the Australian Senate committee studying cryptocurrency industry regulation will present regulatory recommendations. New South Wales senator and Liberal Party member Andrew Bragg said at the virtual NFT Fest event.

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