Gensler warns stock-token issuers to report to the SEC
Issuers of tokens backed by equity are required to report to the Securities and Exchange Commission. This was stated by the agency's head, Gary Gensler.
Gensler warns stock-token issuers to report to the SEC
Issuers of tokens backed by equity are required to report to the Securities and Exchange Commission. This was stated by the agency's head, Gary Gensler.
Australian Stock Exchange warns of custodial storage risks for Bitcoin
The Australian Stock Exchange warned of the risks of storing digital assets on custodial accounts at centralised trading platforms. The organisation noted that their clients do not have access to the private keys to their wallets.
Ukraine unveils three-year strategy to develop the cryptocurrency market through 2024
On 21 July, the Ministry of Digital Transformation of Ukraine, together with representatives of other agencies and the business sector, unveiled a three-year strategy to develop the virtual assets market. The document is in ForkLog's editors' possession.
European Commission proposes ban on anonymous crypto transfers
Companies would have to collect data on the recipients and senders of cryptocurrency transfers to combat money laundering. The recommendations are contained in a European Commission draft bill prepared in accordance with FATF recommendations, according to Reuters.
US Treasury Secretary Janet Yellen Urges Swift Stablecoin Regulation
U.S. Treasury Secretary Janet Yellen urged swifter development of a regulatory framework for stablecoins at a PWG meeting.
Regulator bars BlockFi from opening new accounts for New Jersey residents
The New Jersey Bureau of Securities has barred BlockFi from opening new BlockFi Interest Account (BIA) savings accounts for residents of the state. This was disclosed by BlockFi CEO Zac Prince.
Turkey completes drafting of cryptocurrency regulation bill.
The Turkish Finance Ministry and Treasury announced the completion of work on the cryptocurrency regulation bill. Parliament will consider the document in October 2021, according to Sabah.
Analyst weighs the odds of a China-style Bitcoin scenario in the United States
US, though lagging behind China and the EU, nonetheless joins the race to develop CBDCs. EXANTE's lead strategist Yanis Kivkulis assessed the likelihood that the US would follow the Chinese scenario in Bitcoin regulation.
WSJ: Lack of crypto accounting standards creates investor risks
The US Financial Accounting Standards Board has been urged to develop reporting requirements for companies with cryptocurrency holdings. Due to the lack of clear standards, investors face additional risks.
Study: Stablecoins would bring the United States back to the 19th-century ‘wildcat banking’ era
If stablecoins are not regulated, they could replay the 19th-century United States era of 'wildcat banking'. This conclusion appears in the work of Yale economist Gary Gorton and Federal Reserve lawyer Jeffrey Zhang.We use cookies to improve the quality of our service.
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