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.
Digital currencies continue to be the focus of regulatory attention. The North American Securities Administrators Association (NASAA) today announced the largest concerted enforcement action by state and regional securities regulators in the United States and Canada.
The Polish authorities realized how unacceptable their decision to introduce a tax on all cryptocurrency transactions was. Polish Deputy Finance Minister Pavel Gruza said in an interview with Business Insider that the ministry "recognizes the irrationality" of the tax that was levied on citizens for the purchase and sale of cryptocurrencies, regardless of the profit received.
During a breakfast with entrepreneurs, including representatives of Blockchain Partner, Economy Minister Bruno Le Maire announced his plans for the French crypto industry, which he assured of his “total and strong support.”
Russians who want to invest in cryptocurrency will be identified and entered into the register. Corresponding amendments to the bill “On Digital Financial Assets” are already being developed.
The public was invited to comment on the new bill on blockchain technology and cryptocurrencies in Ukraine, published by the MP on his Facebook page.
Japan's financial regulator notes that in the first quarter of 2018, citizens contacted it with questions about cryptocurrency three times more often than in the last quarter of 2017.
Speaking at the Consensus 2018 event in New York, James Bullard explained that digital currencies operate as non-uniform currencies, as there are over 1,800 cryptocurrencies, many of which trade at different prices on the same local markets.
Mohammad Reza Pourebrahimi, chairman of the Iranian parliament's economic committee, said there is already evidence that some Iranian citizens are users of digital currencies and have more than $2.5 billion in crypto assets abroad.
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