regulation | ForkLog

ForkLog 18 30.07.2021

US to weigh ban on certain stablecoins

The U.S. Treasury could ban certain stablecoins. The proposals are included in a House of Representatives bill to create a comprehensive regulatory framework for regulating the digital assets market.

AI translated

ForkLog 11 30.07.2021

Zelensky signs law enabling the central bank to issue a digital currency

President Volodymyr Zelensky signed the law 'On Payment Services', allowing the National Bank to issue its own digital currency.

AI translated

ForkLog 10 30.07.2021

Israel to require residents to report crypto holdings above $61,000

Israeli citizens will be required to report holdings of digital assets worth more than 200,000 shekels (~$61,270). The proposal is contained in the Finance Ministry's drafted bill.

AI translated

ForkLog 15 29.07.2021

New Jersey regulator delays September start of BlockFi ban on new BIA accounts

New Jersey's Bureau of Securities moved the effective date to September 2 for BlockFi's ban on opening new BIA accounts, citing ongoing regulatory dialogue. BlockFi says BIA remains a legitimate instrument and that existing clients can still access all products, services and assets. Regulators in Alabama, Texas and Vermont have also filed similar claims against BlockFi. BlockFi has signaled a financing round valued at $4.75 billion with plans for an IPO within 12–18 months.

AI translated

ForkLog 12 29.07.2021

US authorities to raise $28 billion from crypto-transaction taxes

The U.S. Internal Revenue Service (IRS) will raise an additional $28 billion in taxes from cryptocurrency transactions. Such estimates are contained in the latest version of the bipartisan Congress plan to fund infrastructure spending, Bloomberg reports.

AI translated

ForkLog 9 29.07.2021

ProFunds launches the first U.S. mutual fund that tracks bitcoin’s performance before expenses

ProFunds has launched 'the first mutual fund in the United States that reflects bitcoin's performance before expenses.'

AI translated

ForkLog 15 29.07.2021

The Wolf of Wall Street explains the benefits of regulating Bitcoin

The former American broker Jordan Belfort, better known as the Wolf of Wall Street, said sweeping regulation would not harm the crypto market.

AI translated

ForkLog 21 28.07.2021

Kazakhstan proposes caps on retail investors’ cryptocurrency purchases

In the Astana International Financial Centre (AIFC) in Kazakhstan, proposals were made to set limits on retail investors' cryptocurrency purchases.

AI translated

ForkLog 23 27.07.2021

Senator Elizabeth Warren urges tougher regulation of cryptocurrencies in the United States

Democratic Senator Elizabeth Warren urged US Treasury Secretary Janet Yellen to tighten cryptocurrency regulation.

AI translated

ForkLog 14 26.07.2021

In Australia, calls for a safe harbour for cryptocurrencies

The Australian cryptocurrency industry cannot afford to wait years for regulatory clarity, and consumers need confidence to access services related to digital assets.

AI translated

ForkLog 11 26.07.2021

FCA warns CoinBurp over lack of authority to conduct token sale

The UK's Financial Conduct Authority (FCA) said that CoinBurp lacked the authority to conduct an initial offering of the BURP token.

AI translated

ForkLog 18 26.07.2021

Opinion: DeFi cannot be fully regulated

DeFi requires a regulatory framework to integrate with the traditional financial industry, but the sector cannot be fully regulated. This is the view of Dr. Arak Sutivong, CEO of SCB 10X, the venture arm of Siam Commercial Bank.

AI translated

#regulation