regulation | ForkLog

ForkLog 12 26.09.2024

Mark Cuban Expresses Interest in Leading the SEC

Mark Cuban has expressed a desire to become the chairman of the U.S. Securities and Exchange Commission (SEC). The billionaire made this remark in response to a FOX News query about a potential appointment in Kamala Harris’s administration, should she be elected President of the United States. JUST IN: ?? Billionaire Mark Cuban States he […]

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ForkLog 13 26.09.2024

US Authorities Allegedly Targeted Bitcoin-Friendly Silvergate Bank

Silvergate Bank might have continued its operations if not for the voluntary liquidation it was forced into under pressure from American regulators, according to Castle Island Ventures partner Nic Carter. My latest in @PirateWires: Inside the Biden Admin’s Plot to Destroy Silvergate and Debank Crypto for Goodhttps://t.co/qGsSoi3aCG — nic carter (@nic__carter) September 25, 2024 “Silvergate […]

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ForkLog 54 25.09.2024

BNY Mellon to Expand Custodial Services to Spot Bitcoin ETFs

The Bank of New York Mellon, with AUM of $50 trillion, plans to enter the custodial services market for spot exchange-traded funds based on Bitcoin and Ethereum, representatives of the bank told Bloomberg. The agency noted that such a move could threaten Coinbase’s dominant position. The Bitcoin exchange serves as the custodian for most products, […]

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ForkLog 47 23.09.2024

Harris Pledges to Support Cryptocurrencies and AI

Kamala Harris has announced that if elected President of the United States, she intends to “encourage innovative technologies like AI and digital assets with consumer and investor protection.” This was reported by Bloomberg. These areas align with her vision of an “economy of opportunity.” “We will collaborate to invest in America’s competitiveness, to invest in […]

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ForkLog 100 20.09.2024

Tether Faces Renewed Criticism Over Transparency and Business Structure

Concerns about Tether’s transparency and business structure evoke memories of the FTX collapse, according to a thread by Cyber Capital founder Justin Bons. 2/17) The potential for collapse here is greater than Terra Luna! Making it one of the biggest existential threats to crypto as a whole As we have to trust they hold $118B […]

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ForkLog 35 19.09.2024

Tether Responds to Comparisons with FTX and Alameda Research

350 million users engage in transactions with USDT, and its issuer collaborates with 180 institutions across 45 jurisdictions. Such information was presented by Tether Limited. The company described the stablecoin it manages as a “cornerstone in modern financial ecosystems.” According to the issuer, Tether is committed to consumer protection and regulatory compliance. This is reflected […]

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ForkLog 9 18.09.2024

US Lawmakers Seek SEC Clarification on Airdrops

The SEC is urged to clarify its stance on airdrops. This demand is among others in a letter addressed to the agency’s head, Gary Gensler, from a group of Republican congressmen, reports The Block. The letter was signed by the Chairman of the House Financial Services Committee, Patrick McHenry, and the House Majority Leader, Tom […]

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ForkLog 59 18.09.2024

Belarus Restricts Cryptocurrency Transactions for Individuals Outside High-Tech Park

On September 17, Belarusian President Alexander Lukashenko signed a decree titled “On the Circulation of Digital Tokens.” It prohibits individuals and sole proprietors who are residents of the High-Tech Park (HTP) from buying and selling cryptocurrencies outside Belarusian exchanges and exchangers. The decree has already come into effect. Similar restrictions for legal entities have been […]

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ForkLog 9 14.09.2024

SEC Clarifies Definition of Securities for Cryptocurrencies

The SEC has never considered specific tokens as securities, but has taken into account the full set of contracts, expectations, and agreements regarding the sale of assets. This was stated by the Commission in an amended complaint against Binance. “The SEC regrets any confusion it may have invited” by falsely and repeatedly stating that tokens […]

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ForkLog 6 13.09.2024

Russia to Regulate Cryptocurrency Trading by November, Says Aksakov

By November, the Central Bank of Russia and the Ministry of Finance will prepare the necessary regulatory documents to define the parties involved in the cryptocurrency trading process within the framework of ELR. This was reported by Anatoly Aksakov, head of the State Duma Committee on Financial Markets, to Parliamentary Newspaper. “[Trading will be conducted] […]

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ForkLog 8 12.09.2024

SEC Imposes $1.5 Million Fine on eToro Investment Platform

The U.S. Securities and Exchange Commission (SEC) has imposed a $1.5 million fine on the investment platform eToro USA LLC.

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ForkLog 12 12.09.2024

Grayscale to Launch First XRP Fund

Digital asset manager Grayscale Investments has announced the launch of a closed-end fund based on XRP. We are proud to announce the creation of a new single-asset crypto investment fund, Grayscale $XRP Trust, which will be available through private placement. Available to eligible accredited investors. Read the press release: https://t.co/rOmVPUSFxZ pic.twitter.com/WEhk849RmT — Grayscale (@Grayscale) September […]

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