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.
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.
All cryptocurrency platforms in the country must meet five new criteria set by the Financial Services Agency (FSA). These rules apply to both existing market participants and newcomers just submitting applications.
According to Bloomberg, global crypto exchanges have renewed calls for relevant regulators as the international legal landscape in this area continues to change before our eyes.
Flintstone Technologies Pvt. Ltd, a cryptocurrency trading company, has filed a petition in the Supreme Court of India to set aside the Reserve Bank of India (RBI) circular that prohibits banks and financial institutions from dealing in digital currencies. The plea was heard by Justice Rajeev Shakher on Friday.
Investors in India are hopeful that cryptocurrency trading will continue despite the central bank's ban. The price of digital assets is rising in the country, and the volume of cryptocurrency trading has increased sharply.
Former head of the United States Federal Reserve Rod Garratt is convinced that blockchain technology will soon begin to be implemented in US non-cash payments
A group of South Korean lawmakers, led by a politician from the ruling political party, is developing a regulatory framework to legalize initial coin offerings (ICOs), thereby seeking to lift the government's ban on initial coin offerings (ICOs).
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