regulation | ForkLog

ForkLog 6 13.04.2023

Lawyer forecasts tighter U.S. regulation of cryptocurrencies

Web3 lawyer Jess Hynes said the U.S. Securities and Exchange Commission (SEC) will tighten regulation of digital assets even further.

AI translated

ForkLog 25 12.04.2023

Changpeng Zhao criticises ‘mandatory’ cryptocurrency regulation

Binance CEO Changpeng Zhao (CZ) said at the Web3 summit in Hong Kong that 'mandatory crypto regulation is very bad'.

AI translated

ForkLog 10 12.04.2023

Bitfinex becomes the first to receive a trading licence in El Salvador

On 11 April, El Salvador's National Digital Assets Commission granted a licence to the local unit of the Bitfinex cryptocurrency exchange.

AI translated

ForkLog 10 12.04.2023

Stellar CEO urges regulation of stablecoins to bolster the dollar

The U.S. dollar could come under significant pressure if this year regulators fail to begin regulating stablecoins, Stellar CEO Denelle Dixon said in an interview with Bloomberg.

AI translated

ForkLog 14 12.04.2023

US to set rules for generative AI models

The Biden administration will study whether rules are needed for AI systems such as ChatGPT.

AI translated

ForkLog 18 11.04.2023

China to regulate the use of generative AI

The Cyberspace Administration of China published a draft of rules aimed at regulating generative AI algorithms.

AI translated

ForkLog 17 11.04.2023

Binance Kazakhstan chief on bank deals, crypto cards, and the impact of the CFTC allegations on the business

Jaslan Madiev, Binance Kazakhstan’s general manager, discusses the local team’s work, the impact of CFTC allegations on its operations, and a personal meeting with CZ.

AI translated

ForkLog 8 10.04.2023

Draft law on issuing NFT stamps in Ukraine approved in principle

On April 10, the Verkhovna Rada of Ukraine approved in principle a draft law on issuing a digital postage stamp.

AI translated

ForkLog 18 08.04.2023

U.S. congressman accuses SEC chief of hindering crypto industry development

House Republican Leader Tom Emmer criticised SEC Chairman Gary Gensler's approach to regulating digital assets.

AI translated

ForkLog 6 07.04.2023

OSCE and Ukraine discussed the risks of money laundering through cryptocurrencies

Members of NSSMC as part of the Ukrainian delegation participated in an OSCE educational project to reduce the risks of money laundering through cryptocurrencies.

AI translated

ForkLog 10 07.04.2023

UK regulators publish seven-point checklist on crypto advertising

The FCA and ASA have published a seven-point checklist for crypto advertising, urging influencers to seek FCA approval, ensure ads are legal and truthful, and label them as sponsored content. They warn that promoting financial products illegally carries penalties and have partnered with former reality TV participant Sharon Gaffka to highlight crypto marketing risks. Earlier, the UK unveiled a three-year plan to counter economic crime; in February, the FCA warned that breaches of promo rules could carry prison time.

AI translated

ForkLog 10 07.04.2023

US Treasury Warns of DeFi Service Risks

Cybercriminals, including those from North Korea, and scammers are using DeFi protocols to transfer and launder money. The Treasury Department's report assessing illicit financing risk in the sector notes this.

AI translated

#regulation