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 Huobi Group has established a Communist Party cell in one of its subsidiaries in Beijing. The group that owns the Huobi exchange announced on its website on November 16 that it is “necessary to implement” the principles and policies of the Communist Party into private companies. The move, which is a first of its kind for the Chinese cryptocurrency space, is also aimed at gaining party support for the platform's business in the country.
Estonia has become one of the most loyal jurisdictions for the crypto industry in the European Union. The country has already issued more than 900 licenses for conducting cryptocurrency business.
The Polish government recently amended its income tax law, which was approved by President Andrzej Duda. The updated law, which now includes provisions for cryptocurrencies, will come into force on January 1, 2019.
In her speech at the Singapore Fintech Festival, Christine Lagarde, head of the International Monetary Fund, acknowledged that recent trends and the possibility of the global economy transitioning to digital assets can no longer be ignored, and issues of issuing central bank digital currencies (CBDCs) should be approached thoroughly.
At the Singapore Fintech Festival, Ripple CEO Brad Garlinghouse and Deputy General Counsel of the International Monetary Fund (IMF), Ross Lekkow discussed the prospects of fintech and blockchain. Like a true politician, Ross Lekkow said a lot during the half-hour conversation, but nothing concrete that would clarify the IMF’s position.
The Tashkent International Arbitration Center (TIAC) will be under the leadership of the Chamber of Commerce and Industry of Uzbekistan. According to the decree signed by President Shavkat Mirziyoyev, this platform will be used to resolve disagreements regarding investments, intellectual property and cryptocurrency technologies.
The US Securities and Exchange Commission has accused the founder of decentralized Ethereum currency exchange EtherDelta (DEX) of operating an unregistered exchanger.
Texas Securities Commissioner Travis J. Iles has taken emergency action against mining company promoters who aggressively recruit sales agents through LinkedIn, Facebook and other online marketing channels.
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