regulation | ForkLog

ForkLog 30 12.02.2021

Bloomberg: India to allow cryptocurrency holders to close positions ahead of ban

Indian authorities will ensure a smooth transition to the ban on cryptocurrencies. Crypto-asset holders will have three to six months to close their positions, Bloomberg reports, citing an anonymous senior Finance Ministry official.

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ForkLog 6 10.02.2021

Media: Chinese authorities grant licence to a foreign bitcoin exchange

South Korean cryptocurrency exchange DBX announced the opening of a licensed subsidiary in China. Local media reported this.

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ForkLog 18 08.02.2021

Protego Trust Bank wins second U.S. national digital-asset bank charter

The Office of the Comptroller of the Currency (OCC), part of the U.S. Treasury, approved Protego Trust Bank's application for a national 'digital asset bank' license, according to the company's press release.

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ForkLog 11 05.02.2021

Nigeria bans banks from servicing Bitcoin exchanges

The Central Bank of Nigeria (CBN) has prohibited commercial financial institutions from providing services to cryptocurrency exchanges and digital asset companies. The directive took effect upon publication.

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ForkLog 20 05.02.2021

Estonia tightens rules for the crypto industry

The Estonian Ministry of Finance proposed changing the requirements for cryptocurrency service providers.

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ForkLog 16 30.01.2021

Ripple asks the SEC why Bitcoin and Ethereum are not securities

Ripple filed an answer to the U.S. Securities and Exchange Commission (SEC) lawsuit. It argues that the charges of issuing unregistered securities are based on an unprecedented and ill-conceived legal theory.

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ForkLog 9 28.01.2021

Proposal to Zelensky: issue a national token

The public union 'Virtual Assets of Ukraine' proposed implementing asset tokenization at the state level. Members outlined their proposals in a letter addressed to the president, the prime minister, and the minister of digital transformation of Ukraine.

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ForkLog 9 27.01.2021

Philippine authorities require crypto firms to obtain licenses

The Central Bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), announced the introduction of mandatory licensing for companies providing cryptocurrency services. This was reported by the local publication Inquirer.

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ForkLog 5 27.01.2021

Abkhazia’s authorities propose criminal liability for illegal mining

Abkhazia's President Aslan Bzhaniya has sent to parliament a package of bills tightening penalties for illegal connection of mining farms. The president's press service said.

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ForkLog 16 27.01.2021

Cryptocurrencies to come under regulation in South Africa

The Financial Sector Conduct Authority (FSCA) in South Africa has tabled for consideration a proposal to regulate cryptocurrencies. This was driven by growing public interest and the uncovering of a large Ponzi scheme, Finance Magnates reports.

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ForkLog 10 26.01.2021

FinCEN extends comment period for proposed cryptocurrency-transaction regulations

The Financial Crimes Enforcement Network (FinCEN) within the U.S. Treasury extended the comment period for proposed cryptocurrency-transaction regulations by 60 days. This was announced on the agency's site.

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ForkLog 17 26.01.2021

Ex-Goldman Sachs CEO calls for tougher regulation of Bitcoin

Bitcoin is not a store of value or a medium of exchange. This was stated by Lloyd Blankfein, the former CEO of Goldman Sachs' investment bank.

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