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.
One US Drug Enforcement Administration (DEA) agent told the press that “she wants criminals to continue using Bitcoin” because it allows them to be traced.
The Central Election Commission of Ukraine is testing blockchain technology for possible use in the electronic voting system for elections. According to its director Alexander Stelmakh, the experiment is being carried out jointly with the NEM foundation Ukraine blockchain team.
A number of financial regulators from around the world are forming a new alliance to promote the development of blockchain technology and distributed ledger technology (DLT).
Armenia simply could not remain on the sidelines for long, while its neighbor, Georgia, began to gain momentum in its cryptocurrency business. Therefore, it is not surprising that literally over the past 3 years, crypto fever has also captured the minds of Armenians. As a result, today’s Armenia is another one of the most prominent contenders for the title of center of the digital industry.
The “roller coaster” of the Bitcoin price no longer frightens exchanges and retail traders. Experts note more and more new factors shaping market price fluctuations. However, regulators' positions on key issues continue to dominate.
The Securities and Exchange Commission (SEC) of the Philippines has released draft guidelines for initial coin offerings (ICOs) in a bid to keep pace with the number of startups using the scheme to raise funds from the public.
Regulatory risk has always been dangerous for bitcoin investors, as any public statements by regulators and legislators about the digital currency tend to affect the price. Additionally, due to the decentralized and anonymous nature of bitcoin, as well as its history of use on the dark web, many owners feared that governments might try to ban the use of this cryptocurrency. Fortunately, most countries have not adopted such a ban.
In an interview with Bloomberg, the newly appointed SEC official hopes to bring the cryptocurrency market out of the shadows. Valerie Szczepanik, who oversees the nascent cryptocurrency industry, will support and develop the young ecosystem.
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