regulation | ForkLog

ForkLog 23 14.01.2021

Japan regulator says XRP is not a security

The Japan Financial Services Agency (FSA) regards XRP as a cryptocurrency, not as a security. The regulator first designated the token's legal status in a letter to The Block.

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ForkLog 42 14.01.2021

Anchorage becomes the first federally chartered digital-asset bank in the United States

The Office of the Comptroller of the Currency (OCC) within the U.S. Treasury approved Anchorage's custody application for a nationwide digital-asset bank license.

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ForkLog 19 13.01.2021

ECB chief: Bitcoin is speculative and requires regulation

The head of the European Central Bank (ECB) Christine Lagarde called Bitcoin a speculative asset in need of regulation.

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ForkLog 13 13.01.2021

OCC chief Brian Brooks to step down, reports say

The head of the Office of the Comptroller of the Currency (OCC) within the U.S. Treasury, Brian Brooks, will leave the post by the end of the week, according to Politico reporter Victoria Guida.

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ForkLog 15 13.01.2021

Former CFTC chief Gary Gensler to head the SEC

The post of the head of the U.S. Securities and Exchange Commission (SEC) will be filled by financier Gary Gensler, Reuters reports, citing sources.

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ForkLog 19 12.01.2021

Opinion: New crypto-regulation rules will leave small banks on the sidelines

Avanti founder Caitlin Long called OCC rules allowing banks to issue stablecoins a double-edged sword, according to Decrypt.

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ForkLog 11 11.01.2021

UK regulator warns of the risks of investing in crypto assets

The UK's Financial Conduct Authority (FCA) warns that investing in crypto assets carries high risks. In the statement, investors 'should be prepared to lose all their money'.

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ForkLog 25 09.01.2021

UK proposes regulation of stablecoins

The UK Treasury has begun consultations on regulating cryptocurrencies and stablecoins. The department proposes regulating the industry in line with traditional financial services.

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ForkLog 14 06.01.2021

Jack Dorsey, a16z and Coinbase criticise FinCEN’s proposed industry-regulation rules

Jack Dorsey, the chief executive of Twitter and Square, said FinCEN's proposed rules are devastating for the cryptocurrency industry. A similar view was voiced by representatives of a16z and Coinbase.

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ForkLog 13 05.01.2021

US regulator authorises banks to issue stablecoins

The Office of the Comptroller of the Currency (OCC), part of the U.S. Department of the Treasury, has allowed national banks and federal savings associations to use public blockchains and stablecoins for settlement on behalf of customers.

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ForkLog 15 04.01.2021

Regulation at Scale: What Changed for Bitcoin and Cryptocurrencies in 2020

In 2020, many countries advanced regulation of the cryptocurrency industry. The COVID-19 pandemic provided a powerful catalyst, as Bitcoin gained traction among institutional investors seeking regulatory clarity.

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ForkLog 17 29.12.2020

Indian regulator proposes 18% tax on Bitcoin trading

The Central Bureau of Economic Intelligence of India (CEIB) proposes to tax cryptocurrency trading at 18%. The agency classifies Bitcoin as "intangible asset", reports The Times of India.

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