#regulation

#regulation

Senators Richard Durbin, Elizabeth Warren and Tina Smith sent CEO Fidelity Investments to Abigail Johnson, a letter called to revise the Bitcoin option in cumulative pension accounts 401 (K).

The Central Bank of Singapore explained the bias to Binance against the background of FTX crisis

Singapore monetary control explained the differences in relation to Binance Bitcoin-Torges and FTX against the background of the crisis of the last.

In the USA, it will strengthen the role of AI in the accessibility of online video

The American congressmen submitted a bill that updates the requirements for technical availability for streaming and video conferences using AI.

Two bitcoin exchanges received licenses in Uzbekistan

The Uzbekistan regulator issued license to cryptocurrency exchangers Crypto Trade Net and Crypto Market.

Binance confirmed the discussion with regulators of its role in the collapse of FTX

The regulators of many countries have sent Binance requests on its involvement in FTX collapse. This Block was confirmed by a representative of the cryptocurrency exchange. The employee of the company refused to provide details, referring to the confidentiality of dialogue with supervisory authorities. Earlier, the exchange experts responded to the relevant questions of members of the House of Communities of Great Britain. Parliamentarians expressed disappointment with the lack of specifics in the answers received. According to Bloomberg, the Committee of the Treasury […]

Bitstamp has received a license for digital assets provider in Spain

Bitstamp cryptocurrency exchange has been a license for the service provider in the digital asset market in Spain. About this writes The Block.

EU published a new edition of the bill on AI

The European Commission published the final text of the bill aimed at regulating artificial intelligence.

Bitcoin tax development in Ukraine was entrusted to the consultation council at the NKTSBFR

The NCCBFR of Ukraine has created a consulting council for further development of the virtual assets market regulation.

Italy prohibited the use of persons recognition technology

The Agency for Supervision of the Privacy of Data Italy prohibited the use of persons and smart glasses recognition systems. Two municipalities have already received warnings.

Janet Yellen: FTX Krah showed the “weaknesses” of the crypto industry

The FTX incident showed that the cryptocurrency industry needs “very careful regulation”. This opinion was expressed by US Finance Minister Janet Yellen, writes Bloomberg.

US authorities demanded that Paxos freeze assets bred from FTX

PAXOS has received an indication of US federal law enforcement agencies to freeze assets associated with four Ethereum addresses.

The US congressman accused the crypto -milliarders of deterrence of industry regulation

Member of the House of US Representatives Brad Sherman accused cryptocurrency billionaires of lobbying their interests in Washington to contain digital assets regulation of the industry.

Kraken froze the FTX and ALAMEDA accounts

Kraken cryptocurrency exchange at the request of law enforcement agencies blocked accounts belonging to FTX Group, including Alameda Research, as well as their leaders.

India authorities froze $ 2.5 million related to E-Nuggets

The Law Enception Office (ED) of the Ministry of Finance of India directed the Binance request to block the decentralized application of the E-Nuggets 150.22 BTC (~ $ 2.5 million). Developers are BlockFi will lay accused of laundering money.

The Japanese regulator ordered the local FTX branch to suspend operations

The Japanese financial services agency ordered the local FTX exchange unit to suspend operations and go to CLOSE-ALY (users will be able to close their positions, but new ones cannot be opened).

The Bahamas regulator froze FTX assets

The Bahamas Securities Commission blocked the assets of FTX Digital Markets (FDM) and affiliated legal entities, as well as suspended the company’s license in the country.

Gref gave the recommendation of the Central Bank and the government regarding the blockchain

The head of Sberbank German Gref once again mentioned the prospects of blockchain technology and condemned its strict regulation in the Russian Federation.

Opinion: The Mica bill will simplify the work of crypto companies in Europe

The Mica cryptocurrency regulation bill will benefit small companies related to digital assets. This opinion in an interview with Cointelegraph was expressed by the executive vice president of the European Binance division Martin Brunko.

Head of the ECB: CBDC will strengthen the financial sovereignty of Eurozone

Digital euro will eliminate the risks of the loss of financial sovereignty in the eurozone. This was stated by the head of the ECB Christine Lagarda, writes The Block.

The head of the ECB promised a quick introduction of the law on digital euros

The European Commission will soon make a legislative proposal on digital euro. This was stated by the head of the ECB Christine Lagarda, writes The Block.

The British branch of Santander will block transfers to crypto -rhines

In 2023, the British Bank of Santander will block the Bitcoin-Targes transactions in order to protect consumers from fraud, writes Reuters.

The European Parliament postponed the vote under the Mica bill

The European Parliament (EP) postponed the final vote under the bill on the regulation of cryptocurrencies Mica to 2023. About this writes The Block.

Quebec was proposed to limit the supply of blockchain industry energy

Electricity supplier in the province of Quebec (Canada) Hydro-Québec addressed the regional regie de l’Energie regional regulator with a proposal to suspend the supply of blockchain industry electricity.

Switzerland will introduce verification during cryptocurrency operations

Switzerland’s financial market surveillance department (FINMA) revised the rules to combat money laundering and included digital assets in them. This is stated on the regulator website.

Binance registered the seventh company in Ireland

Binance Bitcoin-Birzha opened the seventh unit in Ireland as part of expansion to Europe. This is evidenced by the data of the local bureau of registration of companies.

Hong Kong softened the regulation of the crypto industry and revised the position on bitcoin -etf

The Bureau of Financial Services and the Treasury of Hong Kong published an application for mitigating restrictions on cryptocurrencies and willingness to interact with suppliers of virtual assets services.

Vitalik Buterin criticized the restrictive regulation of crypto industry

Regulatory initiatives that strictly limit the functions of cryptocurrency projects can simplify the latter access to institutional capital, but adversely affect the development of the industry. This was stated by the co -founder of Ethereum Vitalik Buterin.

CFTC commissar compared the risk of “infection” of cryptorrhniks with the 2008 crisis

The vulnerability observed in the cryptocurrency market is similar to those that were characteristic of the global financial crisis, which makes it necessary to expand the powers of CFTC. This was stated by the Commissioner of the Department of Christie Goldsmith Romero.

The European Commissioner called on the crypto industry to help with the regulation of Defi

Participants in the cryptocurrency industry should help the European authorities in creating a regulatory environment for the Defi sector in order to get “excellent solutions” in the end. This was stated by the adviser for technological innovation and cybersecurity of the European Commission (EC) Peter Kerest, writes The Block.

In the UK, they equate cryptocurrencies with financial instruments

On October 25, the House of Commons (Lower House of UK parliament) supported amendments to the bill on financial services and markets. In particular, the proposed changes include digital assets in the sphere of regulated financial services.

The head of CFTC called the cynical rumors about the fight against the SEC for crypto regulation

Rostin Benam, the head of the URD Exchange Trade Commission (CFTC), denied the confrontation with the SEC on the regulation of cryptocurrencies, despite various views on their classification. Fortune writes about this.

The Central Bank of Singapore suggested tightening the supervision of crypto industry

Singapore monetary control (MAS) submitted two advisory documents to reduce the potential damage of consumers from the volatility of the cryptocurrency market.

The head of the SEC called the cryptocurrency market centralized

Contrary to widespread opinion, decentralization is not characteristic of the cryptocurrency market. This follows from the comments of the SEC head Gary Gensler, writes The Block.

The African Bitcoin-Birzha Yellow Card received a license in Botswana

Yellow Card African cryptocurrency exchange has received a license for a virtual asset service provider (VASP) from NBFIRA. This is stated in the press release.

*Daily newsletter – a brief summary of the most important news of the previous day. Reading takes no more than two minutes. It turns out on business days at 08:00 in Kyiv

*Weekly mailing – we explain who and how changed the industry in a week. Ideal for those who do not have time behind the news stream during the day. It turns out on Friday at 20:00 in Kyiv.

FORKLOG – Bitcoin’s cult magazine, blockchain technology and digital economy. We supply news and analytics in the cryptocurrency market since 2014 daily. About us advertising

All published materials belong for forklog. You can reprint our materials only after agreeing with the editors and indicating the active link to FORKLOG.

All published materials belong for forklog. You can reprint our materials only after agreeing with the editors and indicating the active link to FORKLOG.