regulation | ForkLog

ForkLog 13 05.03.2021

BitGo, the custodian, obtains a New York trust license

The New York State Department of Financial Services (NYDFS) has granted BitGo permission to operate as a trust company.

AI translated

ForkLog 13 03.03.2021

Gary Gensler, SEC chair candidate, calls Bitcoin a ‘catalyst for change’.

Nominated by President Joe Biden to head the U.S. Securities and Exchange Commission (SEC), Gary Gensler spoke positively about blockchain, Bitcoin and cryptocurrencies.

AI translated

ForkLog 14 01.03.2021

Nigeria’s vice-president calls for a cautious rollout of blockchain

Blockchain and cryptocurrencies will inevitably transform traditional finance, but their adoption should not lead to adverse side effects. This was stated by Nigerian vice-president Yemi Osinbajo.

AI translated

ForkLog 12 26.02.2021

FATF to revise rules governing the crypto industry in March

The Financial Action Task Force (FATF) has begun accepting feedback to amend the rules governing the digital asset industry. The new version is due to be released in the first week of March.

AI translated

ForkLog 34 22.02.2021

U.S. Treasury Secretary Janet Yellen Calls Bitcoin a Speculative Asset

Bitcoin is inefficient for transactions due to its highly speculative nature, said US Treasury Secretary Janet Yellen.

AI translated

ForkLog 16 22.02.2021

Opinion: Governments could ‘crush’ Bitcoin

Governments will stoke inflation and start clamping down on gold and Bitcoin as competitors. This view was presented by investor Michael Burry, who predicted the collapse of the U.S. housing market.

AI translated

ForkLog 8 19.02.2021

Austria’s financial regulator calls for tougher regulation of cryptocurrencies

The cryptocurrency industry in Austria needs tighter regulation amid rising fraud activity, according to a statement from the Austrian Financial Market Authority (FMA).

AI translated

ForkLog 11 19.02.2021

Hong Kong plans to ban retail investors from trading Bitcoin

Hong Kong authorities have tabled a legislative proposal that would ban retail investors from trading Bitcoin and other cryptocurrencies, and would require exchanges to obtain licences, according to 8btc.

AI translated

ForkLog 32 15.02.2021

Thai regulator to define criteria for cryptocurrency investors

In February 2021, the Thai Securities and Exchange Commission (SEC) will hold hearings to develop requirements for investors opening cryptocurrency accounts. Bangkok Post reports.

AI translated

ForkLog 10 15.02.2021

SEC Commissioner Hester Peirce urges clear regulation of cryptocurrencies

The adoption of bitcoin by large companies calls for the rapid introduction of clear regulatory rules, SEC Commissioner Hester Peirce told Reuters.

AI translated

ForkLog 15 12.02.2021

Nigerian Senate calls on central bank to explain restrictions on Bitcoin exchanges

The upper chamber of Nigeria's parliament summoned the Central Bank Governor Godwin Emefiele for a briefing on the opportunities and risks of cryptocurrencies. The move followed new regulator requirements for financial institutions.

AI translated

ForkLog 11 12.02.2021

Kyrgyz Central Bank to license cryptocurrency trading

The National Bank of Kyrgyzstan (NBKR) plans to license cryptocurrency exchange operators for the purchase and sale of digital assets. This was announced by NBKR chairman Tolkunbek Abdygulov, reported by Tazabek.

AI translated

#regulation