regulation | ForkLog

ForkLog 16 21.03.2023

Circle Applies for Licenses in France

The USDC co-issuer—Circle—applied in France for local licences as a digital-asset service provider and an e-money institution.

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ForkLog 9 20.03.2023

Belgian regulator sets out rules for cryptocurrency advertising

Advertising of digital assets in Belgium must be accurate and not misleading, and advertisements must include information about risks. This was stated by the Financial Services and Markets Authority (FSMA).

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ForkLog 10 20.03.2023

Taiwan to enact laws regulating digital assets

Taiwan will pass special legislation that would grant the local Financial Supervisory Commission (FSC) a mandate to regulate cryptocurrencies. The information was confirmed by the head of the agency Huang Tien-mu, Bloomberg reports.

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ForkLog 14 20.03.2023

NYCB subsidiary Flagstar Bank buys part of Signature Bank; crypto deposits excluded from the deal

NYCB's subsidiary Flagstar Bank has become the buyer of Signature Bank's crypto-friendly assets valued at $38.4 billion. They include a loan portfolio of $12.9 billion with a discount of $2.7 billion.

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ForkLog 11 17.03.2023

Netherlands signals tough stance on MiCA enforcement

The Netherlands Authority for the Financial Markets will take a tough stance in enforcing the EU's new rules on cryptocurrencies, according to Laura van Geest.

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ForkLog 10 17.03.2023

Coinbase weighs offshore exchange plan outside the United States, Bloomberg reports

The cryptocurrency exchange Coinbase is exploring the possibility of launching a new trading platform outside the United States.

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ForkLog 10 17.03.2023

Bitcoin to be listed in a separate category on Britain’s tax returns

From 2025, income from digital assets will be defined in a separate section in Britain's tax return forms. This follows amendments to the national budget, presented by the Treasury.

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ForkLog 9 16.03.2023

European Parliament approves law on EU-wide digital identity wallets

European Parliament, by 418 votes in favour, 103 against and 24 abstentions, adopted the bill on the digital identification system.

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ForkLog 10 14.03.2023

EU lawmakers set sights on regulating smart contracts

The European Parliament has adopted a data-protection bill that concerns smart contracts. The Block reports.

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ForkLog 17 13.03.2023

US rescue saves SVB and Signature Bank depositors; stablecoins narrow the depegging.

On March 13, the US Treasury, the Fed and the FDIC announced the rescue of SVB and Signature Bank — with depositors to gain access to their funds at the expense of shareholders and some holders of unsecured bonds.

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ForkLog 12 10.03.2023

Fed weighs creation of expert group for the crypto industry

The U.S. Federal Reserve (the Fed) intends to form a group of experts focused on the cryptocurrency industry. This was announced by Michael Barr, the Fed's deputy chair for supervision.

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ForkLog 8 10.03.2023

US senators urge regulators not to punish the entire crypto industry

Tightening regulation of banks serving the crypto industry could 'punish the entire sector.' The Republican senators say this in a letter to the regulators.

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