Tag: ban

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....

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...

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...

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....

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,...

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...

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)...

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...

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,...

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...

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...

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...

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...

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

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...

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...

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...