regulation | ForkLog

ForkLog 11 29.05.2023

Bali authorities crack down on cryptocurrencies in the tourism sector

The Bali provincial government (Indonesia) will crack down on tourists using digital assets as payments in hotels, restaurants, shopping centres and other venues.

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ForkLog 17 27.05.2023

Beijing Publishes White Paper on Web3 Innovation and Development

Beijing's Municipal Science and Technology Commission published the 'White Paper on Web3 Innovation and Development' (2023). The local publication The Paper reports.

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ForkLog 6 26.05.2023

EU reminds firms to disclose the regulatory status of crypto assets

The European Securities and Markets Authority (ESMA) issued a statement reminding investment firms of the need to disclose the regulatory status of their products, especially digital assets.

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ForkLog 28 26.05.2023

Zhengzhou to build hub for metaverse-focused startups

Authorities in Zhengzhou (Henan province, PRC) published a plan to launch a hub for metaverse-focused startups. As part of the initiative, a dedicated fund of 10 billion yuan ($1.42 billion) will be created to develop the industry.

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ForkLog 7 26.05.2023

Binance joint venture wins license in Thailand

Gulf Binance, a joint venture between a Bitcoin exchange and Gulf Innova Co., has been granted a digital asset operator license by Thailand's Ministry of Finance.

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ForkLog 8 26.05.2023

Dubai warns of risks from regulatory gaps in the crypto industry

Dubai Financial Services Authority (DFSA) urged global regulators to start joint talks to prevent exploiting gaps in regulatory rules for digital assets.

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ForkLog 6 25.05.2023

OpenAI would exit the EU if regulation is too strict

OpenAI CEO Sam Altman said the company would leave the European market if it cannot comply with the forthcoming AI Act.

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ForkLog 10 25.05.2023

US presidential candidate pledges to defend Bitcoin

Florida Governor Ron DeSantis said he would defend the first cryptocurrency if elected U.S. president in 2024.

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ForkLog 14 24.05.2023

Japan’s parliament approves Travel Rule implementation to begin on June 1

From June 1, in Japan VASP will start to comply with the so-called Travel Rule from FATF, which entails monitoring crypto transactions for AML purposes. The local parliament approved the corresponding decision.

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ForkLog 9 24.05.2023

Former CFTC chief equates Ethereum with commodities and securities

Ethereum may be both a security and a commodity, said former CFTC commissioner Dan Berkovitz.

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ForkLog 15 24.05.2023

Coinbase files new lawsuit against the SEC

The SEC does not intend to participate in creating a regulatory framework for digital assets and will ignore Coinbase's motion if the court does not grant it.

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ForkLog 6 23.05.2023

IOSCO sets out recommendations for regulating cryptocurrencies

The International Organization of Securities Commissions (IOSCO) published for public consultation policy recommendations for regulating crypto assets.

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