regulation | ForkLog

ForkLog 15 26.06.2023

Singapore’s central bank reviews tokenisation and DeFi protocols

MAS presented a report summarising its work with BIS on Project Guardian.

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ForkLog 21 26.06.2023

Uzbekistan issues first crypto-depository license.

On June 21, the National Agency for Prospective Projects of Uzbekistan (NAPP) granted the first license to operate a crypto-depository for Lockton Hub.

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ForkLog 23 26.06.2023

FATF expresses concern over pace of Travel Rule implementation

Participants in the FATF must promptly implement the so-called Travel Rule to close gaps not covered by regulatory acts, the organisation said in a statement following its plenary session.

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ForkLog 16 26.06.2023

Binance names UAE a ‘key hub’ for the crypto industry

The Bitcoin exchange Binance regards the UAE as a "key point" for its business. This was stated by regional manager Alex Chehaid.

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ForkLog 7 26.06.2023

Japan Eases Tax Burden on Token Issuers

Token issuers in Japan are exempt from paying the 30% tax on unrealized gains from coins issued and held on balance. This followed clarifications to the relevant law by the National Tax Agency.

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ForkLog 21 24.06.2023

Belgium orders Binance to cease activities in the country

The Financial Services and Markets Authority (FSMA) has ordered the cryptocurrency exchange Binance to immediately cease offering digital asset-related services in the country.

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ForkLog 10 23.06.2023

IMF questions the case for banning cryptocurrencies

Banning cryptocurrencies may not be the best way to reduce the risks associated with them. IMF experts concluded as much.

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ForkLog 17 23.06.2023

Binance.US unfreezes withdrawals for the near future

The US arm of the cryptocurrency exchange Binance announced a resolution to the problems surrounding USD withdrawals. The company warned that the situation could change in the near future.

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ForkLog 24 23.06.2023

Cryptopay Card Provider Loses EU License

The Bank of Lithuania revoked the Electronic Money Institution license from the EU-based debit card provider for the Cryptopay service — UAB Payrnet.

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ForkLog 11 23.06.2023

Prime Trust freezes withdrawals after Nevada regulator order

Crypto custodian Prime Trust suspended deposits and withdrawals in fiat and digital assets following the Nevada Department of Business and Industry's order.

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ForkLog 10 22.06.2023

Crédit Agricole and Santander’s asset-servicing arm registered as a crypto custodian in France

CACEIS Bank, the asset-servicing arm of Crédit Agricole and Santander, registered by the French regulator as a crypto custodian.

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ForkLog 20 22.06.2023

Ripple secures in-principle approval from Singapore regulator

The Monetary Authority of Singapore (MAS) granted Ripple in-principle approval for a Major Payments Institution license.

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