regulation | ForkLog

ForkLog 34 22.03.2025

German Authorities Halt Sale of USDe Stablecoin

The German financial regulator BaFin has halted the sale of the USDe stablecoin issued by Ethena Labs, citing “serious deficiencies” and non-compliance with MiCA requirements. “BaFin has prohibited Ethena GmbH from further public offering of the USDe token and instructed the company to freeze the corresponding reserve assets with custodians,” the press release states. According […]

AI translated

ForkLog 59 22.03.2025

Tornado Cash Removed from OFAC Sanctions List

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has lifted economic sanctions on Tornado Cash. More than 100 Ethereum addresses have been removed from the sanctions list. According to the department’s statement, the decision followed a “review of new legal and policy issues” related to crypto businesses. The project was sanctioned by OFAC […]

AI translated

ForkLog 17 21.03.2025

Australia Unveils Digital Asset Regulation Strategy

The Australian Treasury has released a plan to develop cryptocurrency legislation in the country. It aims to create a regulated ecosystem that combines innovation with consumer protection. The relevant bill will be presented for public consultation this year. It will regulate exchanges and crypto custodians under existing financial services legislation. Companies are expected to be […]

AI translated

ForkLog 45 20.03.2025

Ripple Considers Acquisitions Over IPO

Ripple is more interested in acquiring “other infrastructure blockchain projects” than going public, according to CEO Brad Garlinghouse in an interview with Bloomberg. “I won’t name specific names. At its core, Ripple is an infrastructure blockchain company. We sell our technology to businesses, primarily financial institutions. We are interested in other infrastructure blockchain companies,” he […]

AI translated

ForkLog 12 19.03.2025

Russia Considers Law to Classify Cryptocurrencies as Property

The Russian government is reviewing a draft law to classify cryptocurrencies as property, aiming to address issues related to the seizure and confiscation of digital assets. This development was reported by RBC, citing a statement from Alexander Bastrykin, Chairman of the Investigative Committee. “Meticulous joint efforts have been made regarding the necessity of recognizing digital […]

AI translated

ForkLog 42 19.03.2025

SEC Withdraws Claims Against Ripple

The U.S. Securities and Exchange Commission (SEC) is withdrawing its appeal in the case against Ripple, as announced by the fintech company’s CEO, Brad Garlinghouse. This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it. […]

AI translated

ForkLog 16 19.03.2025

Fintech and Crypto Firms Eye Banking Licenses for Growth

Fintech and cryptocurrency firms are considering acquiring banking licenses to expand their businesses, reduce borrowing costs, and enhance legitimacy, according to Reuters. These companies are examining the conditions to meet both federal and state-level licensing requirements. The initiatives are driven by expectations of regulatory changes following Donald Trump’s victory in the U.S. presidential election. Previously, […]

AI translated

ForkLog 8 18.03.2025

SEC to Reassess Crypto Custody Regulations

Acting Chair of the U.S. Securities and Exchange Commission (SEC), Mark Uyeda, has directed a review of the proposal to tighten cryptocurrency custody rules, reports The Block. He noted that the rule, introduced in February 2023 under the previous U.S. administration, faced significant objections from industry representatives. The proposal aimed to impose stricter requirements on […]

AI translated

ForkLog 28 15.03.2025

Pakistan Establishes Council to Promote Cryptocurrency

Pakistan’s Prime Minister, Shahbaz Sharif, has announced the formation of a special cryptocurrency council tasked with implementing regulations for digital currency. This was reported by the local publication The Express Tribune. The council will be chaired by Finance Minister Muhammad Aurangzeb, with his advisor Bilal bin Saqib serving as the executive director. Other members include […]

AI translated

ForkLog 18 14.03.2025

Ukraine Unveils Cryptocurrency Taxation Framework

The National Securities and Stock Market Commission of Ukraine (NSSMC) has proposed a model for cryptocurrency taxation. This was announced by the head of the regulator, Ruslan Magomedov. The initiative was presented at a meeting of the Verkhovna Rada Committee’s working group. The framework outlines the taxation process for digital assets across three key areas: […]

AI translated

ForkLog 30 14.03.2025

US Senate Banking Committee Backs Stablecoin Regulation Bill

The US Senate Banking Committee has approved a bill introduced by Senator Bill Hagerty to regulate stablecoins at the federal level. During the hearings, 18 votes were cast in favor and six against. The document will next be considered by the full upper chamber of Congress. During the committee meeting, some provisions of the bill […]

AI translated

ForkLog 12 14.03.2025

Congress Urges Halt to Bitcoin Reserve Plan

SBR will bring “no tangible benefits” and will only enrich President Donald Trump and his sponsors, according to a letter from U.S. Representative Gerald Connolly to Treasury Secretary Scott Bessent. The legislator, representing Michigan and the Democratic Party, is a member of the Committee on Oversight and Government Reform. Connolly emphasized that Trump did not […]

AI translated

#regulation