Regulation
El Salvador feels confused over salary payments in Bitcoin
The El Salvadorean Department of Labor and Social Welfare has had to clarify it is not within its purview to determine whether salaries can be paid in Bitcoin.
Lachlan Keller
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Regulation
Archived coverage · Forkast crypto archive
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Regulation
India reviews cryptocurrency ‘ban’ legislation
The Indian government and leading industry stakeholders are reviewing elements of legislation that proposed a ban on cryptocurrencies.
Lachlan Keller
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Regulation
South Korean crypto exchanges race to comply with strict new rules
Fifty South Korean crypto exchanges have applied for certification under the country’s Information Security Management System — the first step in meeting stringent new crypto exchange regulations.
Danny Park
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Regulation
R3 and ASEAN network partner on CBDC sandbox for banks and fintechs
The ASEAN Financial Innovation Network (AFIN) is partnering with enterprise software firm R3 on a central bank digital currency (CBDC) sandbox.
Michelle Lim
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Regulation
Court denies SEC request for info on Ripple’s recent XRP transactions
A judge has denied the U.S. Securities and Exchange Commission’s request for documents related to Ripple’s XRP transactions and lobbying efforts that took place after the SEC filed its lawsuit last December, according to a new legal filing. Fast facts: “As discussed in the Court’s earlier Opinion and Order denying access to Ripple’s privileged communications, […]
Michelle Lim
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Regulation
Chinese province of Yunnan puts crypto mining under the microscope
Following rumors of a possible ban on cryptocurrency mining in the province last week, its energy regulator has clarified an approach to the industry that looks set to rein in rogue operators.
Timmy Shen
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Regulation
Thailand tightens rules for crypto exchanges and bans meme, fan, NFT tokens
Thailand's securities regulator has announced new rules for cryptocurrency exchanges in the country, including a ban on utility tokens and meme tokens.
Michelle Lim
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Regulation
Court gives Ripple execs go-ahead to obtain XRP info from 16 foreign exchanges
A judge overseeing discovery in the U.S. Securities and Exchanges Commission’s lawsuit against Ripple Labs has granted the SEC’s request to extend deadlines by 60 days as well as a request by co-defendants Ripple CEO Brad Garlinghouse and executive chairman Chris Larsen to obtain information from 16 cryptocurrency exchanges outside the United States. Fast facts: […]
Michelle Lim
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Regulation
China reveals e-CNY wallet specifications
China’s central bank has unveiled four specifications of digital wallets for the country’s state-issued digital currency, the e-CNY.
Ningwei Qin
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Regulation
Hundreds of Bitcoin mining rigs seized in Malaysia police raids
Four people have been arrested and more than 400 Bitcoin mining machines seized by police in the Malaysian city of George Town.
Forkast.News
