regulation | ForkLog

ForkLog 8 06.11.2020

Russia approves agreement on digital interaction with CIS states

The Russian government has approved the text of an agreement with CIS member states on a unified state policy and regulatory framework for the digital economy.

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ForkLog 13 04.11.2020

Cryptocurrencies in Russia come under threat from a new currency-control bill

Cryptocurrency wallet and Bitcoin-exchange account holders may potentially come under the supervision of the Russian Federal Tax Service (FNS) due to proposed amendments to the law 'On Currency Regulation and Currency Control', according to experts interviewed by ForkLog.

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ForkLog 12 04.11.2020

South Korea to ban anonymous cryptocurrencies

South Korea's Financial Services Commission (FSC) will ban providers of services related to digital assets from operating domestically with anonymous cryptocurrencies. The restrictions could affect coins such as Zcash, Monero and Dash.

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ForkLog 17 03.11.2020

Bill to Create Diia City Submitted to Verkhovna Rada

The draft law 'On Stimulating the Development of the Digital Economy in Ukraine', envisaging the creation of a special legal regime 'Diia City', has been referred to a Verkhovna Rada committee for consideration, according to the project’s legal adviser Denys Aleynnikov.

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ForkLog 11 03.11.2020

Hong Kong to extend regulation to all cryptocurrency exchanges

The Hong Kong Securities and Futures Commission (SFC) will extend regulatory requirements to all bitcoin exchanges, Reuters reports.

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ForkLog 9 02.11.2020

Experts forecast pressure on Bitcoin from CBDC creation

The emergence of central bank digital currencies (CBDCs) threatens to tighten controls over the cryptocurrency market. This forecast for the next five years was made by Kuna exchange co-founder Mikhail Chobanian during the ForkLog online conference 'Centralized Exchanges and DEX: Pros, Cons, Differences'.

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ForkLog 18 02.11.2020

Chainalysis: DeFi projects face an undefined regulatory status

The explosive growth of the decentralized finance sector has raised questions about the regulatory status of DeFi protocols and their responsibility to comply with regulatory requirements. Chainalysis analysts detailed the topic in their latest report.

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ForkLog 12 02.11.2020

Amendments to Cayman Islands cryptocurrency legislation take effect

The Cayman Islands Ministry of Financial Services has presented a package of laws aimed at creating a favourable environment for virtual asset service providers (VASP).

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ForkLog 14 02.11.2020

China to take an active role in shaping international CBDC regulation

China should become an active participant in the debate on creating an international regulatory framework for central bank digital currencies (CBDCs). President Xi Jinping set such a goal in 'Questions on Medium- and Long-Term Socio-Economic Strategies,' CoinDesk reports.

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ForkLog 7 28.10.2020

Verkhovna Rada committee backs bill on virtual assets

On 28 October, the Verkhovna Rada committee on digital transformation backed the bill 'On Virtual Assets' in a parliamentary vote.

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ForkLog 21 25.10.2020

U.S. crypto-industry players unveil plan to implement FATF requirements

A consortium of leading U.S. cryptocurrency companies, including Coinbase and Gemini, has unveiled an official plan for its members to comply with the FATF's anti-money laundering and countering the financing of terrorism (AML/CFT) requirements.

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ForkLog 59 19.10.2020

Switzerland to implement a legal framework for blockchain regulation in 2021

The Swiss Ministry of Finance has begun discussing a decree that will implement a legal framework for regulating blockchain and the crypto industry at the state level in August 2021, the press release says.

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