regulation | ForkLog

ForkLog 110 23.05.2023

MicroStrategy backs proposal to account for Bitcoin at fair value in financial reporting

The analytics software provider MicroStrategy backed the FASB proposal, which envisions fair-value accounting for cryptocurrencies on the balance sheet.

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ForkLog 11 23.05.2023

OKX crypto exchange applies for license in France

OKX crypto exchange announced that it has applied for registered Digital Asset Service Provider (DASP) status in France.

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ForkLog 8 23.05.2023

Ukraine allows partial adoption of MiCA rules in the initial phase

For Ukraine to fully launch its crypto industry, it is enough to adopt only the basic, most important MiCA provisions.

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ForkLog 11 22.05.2023

Bakkt Eyes Expansion into Europe

Bakkt is exploring the possibility of expanding its business in Europe amid the strengthening of the local regulatory framework. This was stated by Dan O’Prey, head of product for the institutional platform.

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ForkLog 9 22.05.2023

G7 leaders agree to regulate risky AI.

Leaders of the Group of Seven (G7) have agreed on the need to regulate generative AI, expressing concern about its “disruptive potential.”

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ForkLog 7 19.05.2023

Texas proposes requiring cryptocurrency exchanges to prove reserves

Cryptocurrency exchanges intending to do business in Texas will have to maintain adequate reserves to meet all obligations to their clients.

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ForkLog 8 19.05.2023

BitPay reveals details of its operations amid banking turbulence

The BitPay processing service will suspend the BitPay Card program for several months to search for a new banking partner. The move followed the termination of its agreement with Metropolitan Commercial Bank.

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ForkLog 10 19.05.2023

Brad Garlinghouse predicts exodus of crypto firms from the United States

Many crypto firms could move from the United States to more progressive jurisdictions if local regulators continue the unfounded pursuit, Ripple CEO Brad Garlinghouse said.

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ForkLog 10 19.05.2023

Rishi Sunak to raise AI risks at G7 summit

British Prime Minister Rishi Sunak said he intends to raise the issue of AI risks at the upcoming G7 summit in Hiroshima.

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ForkLog 9 18.05.2023

CFTC chair calls for mandatory regulation of DEX

The CFTC chair Rostin Behnam told Bloomberg that decentralized exchanges will be regulated by his agency or the SEC, even if platforms operate autonomously or with minimal human involvement.

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ForkLog 18 18.05.2023

Binance Australia suspends AUD deposits

The Australian unit of the Binance bitcoin exchange said it would suspend deposits in Australian dollars due to actions by its payment service provider.

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ForkLog 9 17.05.2023

France invites crypto firms that left the United States to set up in the country

Cryptocurrency companies that decided to exit the US market amid tighter regulation will be welcomed in France. The AMF's secretary-general Benoît de Juvigny told CoinDesk.

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