regulation | ForkLog

ForkLog 19 21.09.2020

U.S. regulator allows banks to hold stablecoin reserves

The Office of the Comptroller of the Currency (OCC), part of the U.S. Treasury, has allowed national banks and federal savings associations to hold stablecoin issuers' reserves.

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ForkLog 14 19.09.2020

EU to roll out full-scale cryptocurrency regulation by 2024

EU authorities will set out new rules regulating blockchain and cryptocurrencies by 2024, Reuters reports citing documents available to the agency.

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ForkLog 15 18.09.2020

Ukraine registers updated draft law on virtual assets

A revised draft law "On Virtual Assets" regulating cryptocurrency activity in Ukraine was submitted to the Verkhovna Rada.

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ForkLog 20 17.09.2020

Gibraltar updates licensing rules for blockchain companies

The Gibraltar Financial Services Commission (GFSC) updated its guidance for blockchain companies in line with FATF recommendations. The update is described in a press release.

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ForkLog 11 16.09.2020

US eases licensing for crypto and fintech firms

The Conference of State Bank Supervisors (CSBS) announced a new simplified regulatory regime for financial-services firms, including crypto and fintech companies. Reuters reports.

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ForkLog 23 16.09.2020

EU plans to regulate cryptocurrencies on a par with traditional financial assets

The European Commission proposed establishing a legal framework for cryptocurrencies, security tokens and stablecoins, mirroring the requirements applied to traditional financial instruments. This is described in the Draft Regulation on Markets in Crypto-Assets (MiCA), the draft version of which was published by Politico.

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ForkLog 17 15.09.2020

Nigerian regulator classifies crypto assets as securities

The Securities and Exchange Commission (SEC) of Nigeria published a document stating that digital assets are securities, “unless proven otherwise”.

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ForkLog 22 13.09.2020

European countries push for tougher regulation of stablecoins

Germany, France, Italy, Spain and the Netherlands urged the European Commission to develop strict rules for stablecoins, 'to protect consumers and safeguard state sovereignty in monetary policy'. Reuters reports.

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ForkLog 35 10.09.2020

Switzerland approves legal framework for regulating the crypto industry

Starting in 2021, Switzerland will have a regulatory framework for cryptocurrencies and blockchain. On September 10, a package of amendments to the country's legislation was approved by the Senate, Swiss Info reports.

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ForkLog 14 09.09.2020

Ukraine registers bill on cryptocurrency confiscation

Ukrainian lawmakers have introduced a bill in the Verkhovna Rada regulating the mechanism for confiscating cryptocurrency obtained from illicit activity.

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ForkLog 21 09.09.2020

Fintech project B2B Payment Solutions secures AEMI license from UK regulator

Fintech project B2B Payment Solutions Ltd, part of the B2Broker group of liquidity and technology providers for brokers and exchanges, has received an Electronic Money Institution (AEMI) license from the UK Financial Conduct Authority (FCA).

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ForkLog 7 04.09.2020

SEC Commissioner Hester Peirce: Regulators should take a sterner line with the DeFi sector

Known for her friendly stance toward digital assets, SEC Commissioner Hester Peirce told DeCrypt that regulators should show less leniency in regulating the DeFi sector.

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