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.
The US Securities and Exchange Commission (SEC) does not intend to recognize the uniqueness of innovative blockchain technologies and intends to squeeze all cryptocurrency processes into accounting standards.
The Shanghai branch of the People's Bank of China, which is the country's central bank, has decided to issue a public notice to investors. In the notice, the bank urges investors to completely refrain from participating in initial coin offerings (ICOs) and once again emphasizes the increased risk of cryptocurrency trading.
Yesterday, bill No. 9083 was sent to the Committee on Tax and Customs Policy for consideration. After a long journey of preparation and discussion, the project regulating the taxation of tokens and cryptocurrencies was finally registered in parliament on September 14.
According to Mthuli Ncube, Zimbabwe's new finance minister, cryptocurrency can help the South African country solve the cash crunch crisis that has been ongoing for the past two years.
Blockchain technology in Kazakhstan is confidently becoming an everyday reality due to the active interest in the technology of the public administration segment and the financial sector of the country. Thanks to government support for the development of digital technologies, it became possible to develop a fiscal system based on Blockchain technology.
For the first time, the Securities and Exchange Commission (SEC) has taken retaliatory action against a cryptocurrency hedge fund for violating securities laws.
Representatives of the International Monetary Fund (IMF) have officially stated that the government of the Marshall Islands should “seriously reconsider” its idea of adopting digital currency as a second legal tender. At the moment, the only means of payment in the country is the US dollar.
China continues to create its own crypto history, implementing a policy of banning cryptocurrencies and supporting blockchain technology. Last week, the Supreme Court of the Middle Kingdom recognized records on the blockchain as reliable evidence.
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