regulation | ForkLog

ForkLog 9 19.04.2025

Oregon Follows Gensler’s Lead with Lawsuit Against Coinbase

Oregon’s Attorney General, Dan Rayfield, has filed a lawsuit against the cryptocurrency exchange Coinbase, alleging violations of securities laws. Today the Oregon Attorney General is resurrecting the dead by bringing a copycat case of @SECGov‘s enforcement action against Coinbase. As a reminder, the SEC dismissed that case with prejudice. This type of political jockeying is […]

AI translated

ForkLog 24 18.04.2025

Slovenia Proposes 25% Tax on Cryptocurrency Transactions

Slovenia’s Ministry of Finance is considering the introduction of a 25% tax on profits from cryptocurrency transactions, as reported by official sources. The bill is currently under public discussion, which will conclude on May 5. According to the document, the tax will apply when digital assets are sold for fiat money or used to pay […]

AI translated

ForkLog 19 17.04.2025

Kyrgyzstan Launches Pilot for Digital Som

The President of Kyrgyzstan, Sadyr Japarov, signed amendments to the law “On the National Bank,” enabling the launch of a pilot project for a prototype of the national digital currency. According to the document, the digital som is recognized as legal tender within the country. The National Bank holds the exclusive right to issue it. […]

AI translated

ForkLog 15 17.04.2025

Binance Advises Nations on Establishing Bitcoin Reserves

Binance is advising several countries on the regulation of digital assets and is actively involved in developing strategies for forming cryptocurrency reserves. This was revealed by the company’s CEO, Richard Teng, in an interview with Financial Times. He noted that the United States sets the tone in the realm of crypto legislation under the leadership […]

AI translated

ForkLog 15 17.04.2025

Federal Reserve Considers Easing Cryptocurrency Restrictions for Banks

Regulators may “ease” requirements related to digital assets for financial institutions in the future, according to Jerome Powell, Chairman of the Federal Reserve. The official mentioned a “wave of failures and fraud” in the sector in recent years but noted the industry’s shift towards the “mainstream.” “We have taken a fairly conservative view. Other regulators […]

AI translated

ForkLog 16 16.04.2025

China’s Authorities Allegedly Sell Seized Cryptocurrencies Abroad

Local authorities in China are reportedly using private companies to sell confiscated cryptocurrencies overseas to bolster their budgets. This information comes from transactional and court documents cited by Reuters. The lack of clear regulations on how officials should handle seized cryptocurrencies has led to “inconsistent and opaque approaches.” Some legal experts fear this could foster […]

AI translated

ForkLog 29 16.04.2025

US Imposes Export Controls on Nvidia H20 Chips

The US government has mandated that Nvidia obtain a license to export its H20 chips to China and several other countries. As a result of the new restrictions, the company will incur expenses of approximately $5.5 billion for the financial quarter. The company’s shares reacted with a 6% drop. Data: Yahoo Finance. In 2022, the […]

AI translated

ForkLog 26 16.04.2025

Ethena Withdraws from German Market Amid Regulatory Concerns

Ethena Labs has announced its withdrawal from operations in Germany. We have agreed with BaFin to wind down all activities of Ethena GMBH and will no longer be pursuing the MiCAR authorization in Germany. As communicated previously, Ethena GmbH has not conducted any mint or redeem activity since March 21, 2025, and all activity has […]

AI translated

ForkLog 12 15.04.2025

Russia Approves Bitcoin Seizure for State Benefit

Russian authorities have agreed to implement a mechanism for the seizure of cryptocurrency in criminal cases, according to RBC, citing its own sources. Amendments to the Criminal and Criminal Procedure Codes, recognizing digital assets as property, have been approved by the government commission on legislative activities. The document outlines the procedures for investigators and establishes […]

AI translated

ForkLog 16 14.04.2025

US Senate Banking Committee Reviews 100 Days of Crypto Policy

Tim Scott, head of the US Senate Banking Committee, announced key achievements in crypto regulation during his first 100 days of leadership, as reported by Fox News. Among the main accomplishments, the politician highlighted the introduction of two bills: the GENIUS Act and the FIRM Act. Both are set for a Senate vote. The GENIUS […]

AI translated

ForkLog 13 14.04.2025

US Senate to Deliberate on Bill to Reduce Emissions from Miners

The US Senate has introduced a bill imposing regional emission limits on cryptocurrency mining facilities and AI data centers. The Clean Cloud Act was proposed by Democrats Sheldon Whitehouse and John Fetterman. It amends the Clean Air Act, requiring data centers with over 100 kW capacity to adhere to emission limits based on their region. […]

AI translated

ForkLog 13 12.04.2025

SEC Hosts Second Roundtable on Cryptocurrency Regulation

The Cryptocurrency Task Force within the SEC held a second scheduled roundtable with industry representatives titled “Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading.” Acting Chair Mark Uyeda, Task Force Chief of Staff Richard Gabbert, and Commissioners Hester Peirce and Caroline Crenshaw participated in the meeting. The crypto industry was represented […]

AI translated

#regulation