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 Supreme Court is scheduled to hear the case against the Central Bank of India (RBI) circular on July 20, but has agreed to hold an early hearing on July 3 on a separate petition by the Internet and Mobile Association of India (IAMAI), of which cryptocurrency exchanges are members.
South Korea's Financial Services Commission (FSC) has amended anti-money laundering guidelines for the country's cryptocurrency exchanges. The amendments proposed by the Korea Financial Intelligence Unit (KoFIU) should correct some shortcomings in the implementation of the regulatory principles. The revised guidance, approved by FSC on 27 June, will come into force from 10 July.
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.
If you have any questions about collaboration or interesting new proposals, please contact us at [email protected]
The ForkNews news portal is the ideal advertising platform for anyone involved in cryptocurrency. For advertising and PR inquiries, please contact us at [email protected]
Join us!
