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 Blockchain Technology Foundation has been based in South Korea since its inception, but recently its representatives were in talks with the Paraguayan government to create something big - the world's largest mining farm and cryptocurrency exchange.
Mikhail Mishustin, head of the Federal Tax Service of Russia, believes that cryptocurrency makes it possible to evade taxes, cash out funds and deceive the state.
Crypto millionaire Dmitry Golubov is suspected by the National Agency of Ukraine for the Prevention of Corruption (NACP) of illegal enrichment and concealment of income using cryptocurrency.
North Dakota financial regulators have banned a fraudulent Russian cryptocurrency company from operating in the state after it was revealed the company was posing as a bank in Liechtenstein to illegally launch an initial coin offering (ICO).
Efforts by Spanish tax officials to identify cryptocurrency holders are beginning to pay off. After investigating several firms, the Treasury is looking to introduce a new cryptocurrency tax.
High market volatility last year, and especially the epic Bitcoin rally in December, became the reason for the US Department of Justice to investigate the activities of the Bitfinex crypto exchange and the Tether Ltd team.
An unexpected fact about the cryptocurrency industry - despite the bearish market trend, business for digital asset lawyers is booming. Forty-five cryptocurrency-related lawsuits were filed in the first half of this year, according to research firm Diar.
According to the news publication Quartz, a working group tasked by India's finance minister to prepare regulations and recommendations regarding the blockchain industry and the activities of companies in the cryptocurrency sector is expected to unveil the bill next month.
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