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 European Parliament's Economic and Monetary Affairs Committee (ECON) has released a 30-page report on cryptocurrency entitled “Virtual currencies and central bank monetary policy: the challenges ahead.” The report's conclusion is that cryptocurrencies are unlikely to replace fiat even in the long term.
A major international auditing and consulting firm, KPMG, has published a study on financial crimes in Switzerland, which, among other things, includes cryptocurrency crimes.
The Maltese government, wanting to make the country even more friendly to cryptocurrencies, developed and unanimously adopted three bills related to blockchain technology.
An American court proved using the “Howey test” that the CTR token, widely advertised by Floyd Mayweather from the startup Centra Tech, must be considered a security.
The China Banking Regulatory Commission (CBRC) published the results of a study in the field of distributed ledger and cryptocurrencies, recommending the licensing of activities related to digital assets, including ICOs.
Japanese Deputy Prime Minister Taro Aso has proposed establishing a general tax rate for all cryptocurrency transactions.
South Carolina Senator Lindsey Graham plans to hold a hearing on Tuesday on the potential impact of "virtual shell companies" and cryptocurrencies on US elections and discuss whether cryptocurrency threatens democratic elections.
South Korea's Ministry of Strategy and Finance has denied reports that recently appeared in some local media about the government's plans to tax cryptocurrency profits at a rate of 10%.
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