regulation | ForkLog

ForkLog 20 17.09.2021

WSJ: U.S. to curb Bitcoin payments to ransomware attackers

The Biden administration is preparing a package of measures aimed at curbing cryptocurrency payments to hackers behind ransomware attacks. Officials expect to limit access to this form of payment.

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ForkLog 9 17.09.2021

Germany approves Bitcoin-based security token offering

Germany's BaFin approves Exordium's Bitcoin-based STO for EXOeu on Stokr; minimum investment is $100. The funds will support Infinite Fleet development. Earlier in April, BaFin warned about possible Binance securities-law violations.

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ForkLog 8 17.09.2021

Mark Cuban: blockchain project creators will have to give up anonymity under regulation

Regulation of the crypto industry within the existing framework is not inherently bad; however, blockchain project creators will have to give up anonymity.

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ForkLog 13 17.09.2021

U.S. Senate calls for tighter oversight of cryptocurrency use by ransomware programs

Maggie Hassan, a member of the U.S. Senate Committee on Homeland Security and Governmental Affairs, sent a letter to several agencies expressing concern about the use of cryptocurrency as ransom by ransomware programs.

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ForkLog 18 17.09.2021

US Treasury to require stablecoin issuers to ensure their tokens can be freely converted into fiat

Holders of stablecoins should have the ability to freely convert their tokens into the assets backing them. This requirement appears in recommendations to stablecoin issuers being developed by the U.S. Treasury, Bloomberg reports, citing sources.

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ForkLog 9 16.09.2021

Experts: Bank of Russia’s announced restrictions would hit Bitcoin exchanges and miners

In the event of the Bank of Russia's previously announced restrictions on cryptocurrency operations, the most affected would be users of P2P platforms and the OTC platforms themselves, ForkLog said, citing experts surveyed.

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ForkLog 6 16.09.2021

Opinion: SEC stance on cryptocurrencies politicised

The stance of the US Securities and Exchange Commission (SEC) regarding digital assets reflects someone's political agenda and hinders innovation as well as consumer protection. This view is shared by Adam Cochran, a partner at venture firm Cinneamhain Ventures.

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ForkLog 17 16.09.2021

Laos legalises cryptocurrency mining and trading

Laos authorities have approved mining and trading of Bitcoin, Ethereum and Litecoin by six companies. The move comes a month after warnings from the central bank about risks associated with cryptocurrencies, according to Laotian Times.

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ForkLog 10 16.09.2021

Estonia’s prime minister does not back Bitcoin legalisation in the country

Several major players in the crypto industry, including Coinbase, urged the Estonian government to legalise cryptocurrencies, but Prime Minister Kaja Kallas has not yet backed the idea. She said so in an interview with City A.M.

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ForkLog 16 16.09.2021

Changpeng Zhao: Binance abandons its ‘decentralised’ business model

Binance is moving from a decentralised to a centralised business model amid regulatory warnings from several countries, according to founder Changpeng Zhao.

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ForkLog 11 16.09.2021

UN rights chief calls for ban or moratorium on certain AI systems

Artificial intelligence systems that threaten human rights should be banned or temporarily restricted, according to UN High Commissioner for Human Rights Michelle Bachelet.

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ForkLog 8 16.09.2021

US Congress Keeps Crypto-Transaction Tax Reporting Loophole Amendments Intact

The section on tax deduction rules for crypto transactions in the second infrastructure plan, worth $3.5 trillion, has seen no changes. The Ways and Means Committee has sent the document to the House Budget Committee for consideration.

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