regulation | ForkLog

ForkLog 25 01.10.2021

Australian crypto exchange Independent Reserve gains MAS license in Singapore

The Australian-based cryptocurrency exchange Independent Reserve has received a license from the Monetary Authority of Singapore (MAS) to operate as a virtual asset service provider.

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ForkLog 14 30.09.2021

Kazakhstan authorities propose restricting miners to address electricity shortages

Electricity consumption in Kazakhstan rose by 7% year on year due to data centres engaged in cryptocurrency mining, according to Energy Minister Magzum Mirzagaliyev.

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ForkLog 8 30.09.2021

Kazakhstan plans to tighten financial monitoring of digital assets

Deputies of the Mazhilis (the lower house of Kazakhstan's parliament) approved a bill providing for financial monitoring of the issuance, trading, and exchange of digital assets.

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ForkLog 17 30.09.2021

US Senate calls for 100% cash backing of stablecoins

Stablecoin reserves must be 100% in cash and cash equivalents, with issuers becoming banks or money-market funds, she said, Bloomberg.

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ForkLog 10 29.09.2021

Jamie Dimon sees Bitcoin rising tenfold, but declines to buy.

Bitcoin could rise tenfold in the next five years, but that's not a reason to buy it. JPMorgan CEO Jamie Dimon said this in an interview with the Times of India.

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ForkLog 18 29.09.2021

Fed chair urges Congress to join the work on a digital dollar

The Federal Reserve System (Fed) needs support from the US Congress in creating a digital dollar. Chairman Jerome Powell said.

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ForkLog 33 29.09.2021

Elon Musk urges US authorities to refrain from regulating the crypto industry

The US government should stay out of regulating the cryptocurrency market. This view was expressed by Elon Musk at the Code Conference in California, writes CNBC.

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ForkLog 11 28.09.2021

DeFi critic Dan Berkovitz to become SEC general counsel

CFTC Commissioner Dan Berkovitz will assume the post of SEC general counsel on November 1.

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ForkLog 8 28.09.2021

China’s crackdowns spark interest in UNI, but do not boost Uniswap’s on-chain activity

Total Value Locked on Uniswap remains at August lows, with user activity down to January levels. A fresh wave of pressure from Chinese authorities on the industry spurred a surge in UNI purchases, but did not improve on-chain metrics.

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ForkLog 13 28.09.2021

U.S. senators propose Treasury monitor mining’s impact on semiconductor supply chains

The U.S. Department of the Treasury should study and report to Congress on the activity and impact of crypto miners from other countries on the global economy. The requirement is contained in a bill by Senators Maggie Hassan and Joni Ernst.

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ForkLog 19 28.09.2021

Three crypto platforms impose restrictions on Chinese users

Beijing's repressive policy toward the cryptocurrency industry has forced several companies to restrict services for clients in mainland China. One of them has announced a closure.

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ForkLog 13 28.09.2021

Bobby Lee predicts the closure of OTC platforms in China

Pressure from Chinese authorities on the crypto industry will lead to the closure of OTC platforms run by major exchanges. Bobby Lee, co-founder and former BTCC head, said this in an interview with CoinDesk.

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