In our “Regulation” section, we cover laws, policies, and regulatory decisions affecting cryptocurrencies and blockchain technologies worldwide. Here you will find updates on government actions, compliance requirements, and legal frameworks shaping the crypto market. Read the “Regulation” section on ForkNews to stay informed about how regulation impacts the digital asset industry.
After previously implementing a decree regulating cryptocurrency activities in Belarus, the country's government has now adopted a detailed regulatory framework proposed by the High Technology Park (HTP).
Bitcoin's bear year has had better days, with the token's price down more than 8% and currently sitting at $3,989.94 on cryptocurrency exchange Bitstamp. According to an article published in The Week on November 26, 2018, the adoption of proper regulation would help the cryptocurrency recover from the prolonged Black Friday.
The Blockchain Technology Foundation has been based in South Korea since its inception, but recently its representatives were in talks with the Paraguayan government to create something big - the world's largest mining farm and cryptocurrency exchange.
Mikhail Mishustin, head of the Federal Tax Service of Russia, believes that cryptocurrency makes it possible to evade taxes, cash out funds and deceive the state.
Crypto millionaire Dmitry Golubov is suspected by the National Agency of Ukraine for the Prevention of Corruption (NACP) of illegal enrichment and concealment of income using cryptocurrency.
North Dakota financial regulators have banned a fraudulent Russian cryptocurrency company from operating in the state after it was revealed the company was posing as a bank in Liechtenstein to illegally launch an initial coin offering (ICO).
Efforts by Spanish tax officials to identify cryptocurrency holders are beginning to pay off. After investigating several firms, the Treasury is looking to introduce a new cryptocurrency tax.
High market volatility last year, and especially the epic Bitcoin rally in December, became the reason for the US Department of Justice to investigate the activities of the Bitfinex crypto exchange and the Tether Ltd team.
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