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.
In Europe, cryptocurrency regulation is a hotly debated topic. Some countries are trying to use cryptocurrency proceeds in the absence of special regulations, some are doing everything to ensure that the cryptocurrency industry flourishes in a safe and secure environment.
The Monetary Authority of Singapore (MAS) has proposed amendments to the current regulatory provisions that will aim to reduce the requirements for crypto exchangers to enter the market.
Ukrainians were deprived of the opportunity to make electronic payments through the WebMoney system. Presidential Decree No. 126/2018, which entered into force on May 24, subjected the Ukrainian WebMoney.ua, which has a NBU license and the right to operate in Ukraine, to personal economic and other restrictive measures (sanctions).
On May 24, a round table “Regulation of the cryptocurrency market in Ukraine” was held in Kyiv. The event was organized by BRDO with the support of EU4Business\FORBIZ as part of the Public Dialogue #PRODialogue.
According to Bloomberg, the US Department of Justice has filed criminal charges against traders who manipulated the price of Bitcoin and other cryptocurrencies.
Starting tomorrow, the General Data Protection Regulation (GDPR) comes into force in the European Union. According to experts, it will hit not only small Internet companies, but also startups using distributed registry technology.
If 2017 promises to go down in history as the year of an unprecedented cryptocurrency boom, then 2018 seems to risk becoming the year of global regulation of the crypto industry.
The Maltese government has released three cryptocurrency bills - the Virtual Financial Assets Act, the Digital Innovation Governance Act and the Innovative Technologies and Services Act.
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