Tag: ban

Jul 10 2021

TikTok Is Banning Influencers From Promoting Cryptocurrencies

TikTok has updated their policy on branded content this week, and the social media giant is putting a halt to crypto influencers. The policy could have implications for creators whose content relies on the crypto and broader financial landscapes....

Jun 22 2021

Jun 21 2021

Jun 17 2021

Banning Bitcoin Is Like Herding Cats

If the U.S. attempted to ban bitcoin, an endless digital game of whack-a-mole would ensue.In the world of media, “If it bleeds, it leads,” is still very much a fashionable trope. However, when it comes to Bitcoin, there’s a new trope in town: “If it misleads, it leads.”In a recent article for...

May 28 2021

Regulators Cannot Actually Ban Bitcoin

There are various aspects of the technology that make an outright ban on bitcoin unfeasible.“You’d have to shut down the internet.” Hester Peirce, Commissioner to the U.S. Securities and Exchange Commission (SEC) on implementing a Bitcoin ban.Although Bitcoin’s market capitalization has...

May 19 2021

Inner Mongolia Establishes Hotline To Report Illegal Bitcoin Mining Operations

Inner Mongolia, which recently banned bitcoin mining, has established a hotline for reporting illegal operations.In an announcement published yesterday, the The Inner Mongolia Development and Reform Commission (DRC) revealed that it has set up a hotline for reporting illegal Bitcoin mining operations taking place in the region....

May 18 2021

Report: China Bans Financial Institutions From Offering Bitcoin Services

May 18 2021 Published at Bitcoin Magazine under tags  ban business china regulation

China has reportedly banned financial institutions and payment companies from offering Bitcoin service to clients.China has banned financial institutions and payments companies from offering Bitcoin services to clients, including registration, trading, clearing and settlement,...

May 05 2021

Why You Shouldn’t Be Worried About A Bitcoin Ban

Although they may seem threatening, bans on Bitcoin have never worked and will continue to be circumvented by the network.Worried About A Ban? Then You Need Bitcoin More Than You ThinkSkeptics often argue that governments will ban Bitcoin when it becomes too important and threatens national sovereignty. At least these critics understand Bitcoin’s importance and the power that state currency monopolies...

Apr 23 2021

Bitcoin Peer-To-Peer Trading In Nigeria Rises 27% Since Central Bank’s Ban

Nigerians have resorted to peer-to-peer trading after the Central Bank of Nigeria banned regulated institutions from dealing with bitcoin in February.Months after the Central Bank of Nigeria (CBN) released a letter banning regulated institutions from dealing with bitcoin in February, there has been a 27% increase in peer-to-peer (P2P)...

Apr 16 2021

Turkey Bans Bitcoin Payments As Lira Crashes

Apr 16 2021 Published at Bitcoin Magazine under tags  ban culture regulations turkey

The Central Bank of the Republic of Turkey has instituted a ban on cryptocurrency payments, as its own fiat currency is devalued.Turkey has instituted a ban on all cryptocurrency payments as its own fiat currency, the lira, is failing. The ban is said to commence at the end of April. “Payment...

Mar 23 2021

OKEx Korea Shutting Down, Customers Must Withdraw Funds

OKEx Korea released a statement on Tuesday saying customers must withdraw their fiat and crypto funds before Apr. 7, at which time the exchange will shut down permanently. OKEx Closure Part of a Wider Problem The exchange did not give a reason for the sudden closure. However,...

Mar 15 2021

Bitcoin Prices Look Volatile After News of India Ban

Mar 15 2021 Published at Crypto Briefing under tags  ban bitcoin india markets price

A flurry of bad news about exchange inflows and an India-wide crypto ban has apparently caused a dip in Bitcoin prices. Market data, though, suggests that the drop was caused by over-leveraged longs. Incoming India Ban May Affect Trading On Sunday night, Reuters...

India Set To Propose Bitcoin Ban

Mar 15 2021 Published at Bitcoin Magazine under tags  ban business india regulation

An Indian official has reportedly confirmed that the country’s government will propose a ban on holding or using cryptocurrency.A senior Indian government official has informed Reuters that the nation of India is set to propose a law banning...

Feb 22 2021

India’s Financial Regulator Orders Against Crypto Holdings: Report

Feb 22 2021 Published at Crypto Briefing under tags  ban crypto india markets sebi

The Securities and Exchange Board of India (SEBI) has reportedly ordered stock promoters to exit all cryptocurrency holdings before raising funds. SEBI Warns Indian Stock Promoters SEBI has reached out to "merchant bankers, securities lawyers and even company executives...

Feb 12 2021

7 Million Crypto Holders in India Fear Blanket Bitcoin Ban

Feb 12 2021 Published at Crypto Briefing under tags  ban india markets regulations

Indian is moving to ban all cryptocurrencies despite the lack of backing from India's Reserve Bank, according to recent reports. Indian Law May End Crypto Business, Again On Jan 30., a...

Feb 08 2021

Nigerian Crypto Ban Creates Confusion Among Local Traders

The country’s crypto community is now running campaigns on Twitter against the order.

Feb 01 2021

Is India About to Ban Cryptocurrency? Here’s What We Know

Feb 01 2021 Published at Blockonomi under tags  ban india privacy regulation

India may be getting ready to ban all cryptocurrency. According to an official bulletin published by the Indian Parliament, the political institution is considering introducing legislation that would prohibit all private cryptocurrencies while creating the infrastructure for a digital rupee. According to the Lok Sabha Bulletin, the legislation by the name of “Cryptocurrency and Regulation [...] The post Is India About to Ban...

Jan 30 2021

Indian Lawmakers Introduce New Bill to Ban “Private Cryptocurrencies”

Jan 30 2021 Published at Crypto Briefing under tags  ban cbdc india markets

The Indian government announced a new proposal that would seek to "ban all private cryptocurrencies" in place of an official central bank digital currency (CBDC). India Seeks Crypto Ban, Again The general information section (Bulletin-II) of today's paper on the...

Indian Government Lists Bill to Ban Cryptocurrency

Jan 30 2021 Published at Altcoin Buzz under tags  ban cryptocurrency regulation

The Indian Government has listed a bill which prohibits the use of private cryptocurrency. It has decided to issue its own digital currency - a stablecoin backed by rupee and proposed to ban cryptocurrency. The cryptocurrency ecosystem in India has always been a grey area with no regulations whatsoever. There is no clarity with regards to the possession, trading or dealing of cryptocurrencies...

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