regulation | ForkLog

ForkLog 5 28.12.2020

Mike Novogratz: hopes for neutral crypto regulation under the Biden administration

The founder of Galaxy Digital, Mike Novogratz, on CNBC expressed hope that financial regulators under the incoming President Joe Biden would take a neutral stance toward cryptocurrencies.

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ForkLog 11 25.12.2020

Elad Roisman named acting chair of the SEC

Republican Elad Roisman has become Acting Chair of the U.S. Securities and Exchange Commission (SEC). Commissioner Hester Peirce congratulated him on the appointment.

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ForkLog 9 24.12.2020

Bitcoin ATMs in Hong Kong Face Threat From Expanded Regulatory Restrictions

The Hong Kong Securities and Futures Commission (SFC) is examining expanding regulatory restrictions, including a ban on servicing retail clients by bitcoin exchanges. The ban could also cover purchases of digital assets in crypto ATMs, according to the South China Morning Post.

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ForkLog 11 24.12.2020

Fines for violations of the sovereign Runet law approved in first reading

On 24 December, the Russian State Duma, in the first reading, approved the bill establishing penalties for non-compliance with the so-called sovereign Runet isolation law.

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ForkLog 18 24.12.2020

U.S. President’s Working Group on Financial Markets outlines recommendations for stablecoin regulation

Stablecoins may be deemed securities, commodities or derivatives and fall under applicable regulatory regimes. This view was stated by the President’s Working Group on Financial Markets (PWG).

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ForkLog 14 24.12.2020

SEC unveils rules for broker-dealers in digital securities

The U.S. Securities and Exchange Commission (SEC) unveiled rules for broker-dealers in the tokenised securities space. The regulator promised not to sue them for five years.

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ForkLog 17 24.12.2020

Jay Clayton steps down as head of the U.S. SEC

On Wednesday, December 23, the chairman of the U.S. Securities and Exchange Commission (SEC), Jay Clayton, left the post after more than three years at the agency. This is stated in a statement on the site.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 12 22.12.2020

Huobi secures Nevada trust company licence

A subsidiary of the Huobi cryptocurrency exchange has received a Nevada regulator's licence to provide trust services. This enables the platform to resume operations in the United States.

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ForkLog 27 22.12.2020

Coinbase proposes extending discussion of wallet-owner verification proposals

The largest American cryptocurrency exchange Coinbase filed a request with FinCEN to extend the public-comment period regarding proposals for verifying non-custodial wallet owners from 15 days to the standard 60 days.

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ForkLog 21 19.12.2020

US Treasury proposes verifying users of Bitcoin wallets

The Financial Crimes Enforcement Network (FinCEN) of the U.S. Treasury published a proposal regulating cryptocurrency transactions conducted through users' own wallets.

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ForkLog 5 17.12.2020

Toward tougher regulation: regulatory trends shaping Russia’s crypto industry

In 2014 the Russian central bank called bitcoin a 'monetary surrogate', and in 2020 the State Duma passed a law regulating the circulation of cryptocurrencies on Russian territory. Nevertheless, the Federal Law 'On Digital Financial Assets (DFA)' and amendments thereto are largely prohibitive in nature.

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ForkLog 9 16.12.2020

Massachusetts Regulator Poised to File Suit Against Robinhood

The Massachusetts Secretary of the Commonwealth's Securities Department plans to sue the cryptocurrency-friendly Robinhood platform. It is accused of violating state laws not related to digital assets, according to WSJ.

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