Tag: crypto ban

Jun 15 2022

Russia Still To Ban Crypto? A Bill To Ban Digital Assets Has Passed First Reading

The State Duma, Russia's lower house of parliament, has submitted legislation making it illegal to pay with cryptocurrency. The bill's sponsors want crypto platforms to be tasked with preventing transactions that could promote digital asset payments. Russia May Still Ban Crypto A law proposed a week ago in the State Duma, Russia's lower house of parliament, was quickly passed through first reading. It...

Jun 06 2022

New York Set to Ban Bitcoin Mining Operations

The USA has been one of the top contenders of the cryptocurrency and blockchain space. The country has put several regulations in place to restrict cryptocurrency activities. Furthermore, resulting in several crypto companies having to relocate out of the US or close shop. Interestingly, New York takes its clampdown on cryptocurrency a step further. The US state reveals plans to ban all forms...

May 07 2022

Argentina To Shut Down Crypto Activities To Attain $45 Billion Loan, Says IMF

The South American country Argentina’s central bank released a statement on Thursday saying that the country's financial sector is not allowed to provide services related to digital assets that are not...

Apr 29 2022

Nepal Issues Warning; Shuts Access To Crypto Gambling And Other Apps

Apr 29 2022 Published at Bitcoinist.com under tags  altcoin news crypto ban nepal

The Nepal Telecommunications Authority (NTA) stated that cryptocurrency activities or related activities shall be considered unlawful in Nepal. Nepal's regulator of the technology sector issued this warning to the public that engaging in illegal activities, specifically related to cryptocurrency, Bitcoin, and gambling will have legal consequences. Along with NTA, Nepal's Central Bank,...

Apr 07 2022

Nigeria’s CBN Slams $2m Fines on Four Banks for Crypto Transactions

The Central Bank of Nigeria (CBN) has imposed monetary sanctions of N814.3 million (nearly $2 million) on four commercial banks in the country for permitting cryptocurrency transactions, Bloomberg ...

Mar 14 2022

BREAKING: Did Europe Approve Cryptos? Here’s what just Happened

Did Europe Approve Cryptos finally? Cryptocurrency enthusiasts in Europe and across the world just received positive news. An attempt to ban cryptocurrency mining was just was avoided. The EU parliament voted against any proof-of-work consensus banning. This not only brings optimism to crypto markets, but also facilitates the path to upcoming crypto projects in Europe. Let's discuss more what specifically happened and which...

European Parliament Committee Rejects Bitcoin Ban

. The Committee on Economic and Monetary Affairs (ECON) has reportedly rejected a bill that aimed to ban Bitcoin (BTC) in the European Union.

Feb 28 2022

Ukraine’s Vice PM requests all crypto exchanges block addresses of Russian users

SUMMARY: Ukraine Vice prime minister demands that all crypto exchanges block addresses of Russian users. The Russian -Ukraine conflict deepens as the the Russian troops are targeting the capital city of Ukraine. The crypto exchanges block request has been controversial between crypto users Ukraine Vice Prime minister request all crypto exchanges block Russian users Ukraine's vice prime minister, Mykhailo Federov, sparked an interesting...

Jan 26 2022

Putin In Favor Of Bitcoin Mining, Opposes Crypto Ban Proposal

President Vladimir Putin argued in favor of bitcoin mining citing the competitive advantages it brings for the country, thus opposing the crypto mining ban recently proposed by the Central Bank following the pressure from Russia's Federal Security Service. The Crypto Ban The Central Bank of Russia has flirted with the possibility of a crackdown on cryptocurrencies for a while. Recently, the entity moved...

Jan 24 2022

Russia’s Central Bank to Ban on Crypto Mining and Trading

Russia, one of the world’s most crypto influential nations, announced its intentions to regulate these digital currencies. The Russian Central Bank recently proposed a ban on crypto mining and trading within its borders. Citing threats that could affect financial stability and citizens' wellbeing. The global cryptocurrency craze has gone too far. Governments are getting scared of...

Jan 20 2022

Russia’s Central Bank Proposes Ban on the Use and Mining of Crypto

On Thursday January 20, the Bank of Russia published a report that proposes ban of the use and mining of cryptocurrencies within Russian territory.

Jan 18 2022

China Police Makes Rug Pull-related Arrests Amid Total Crypto Ban

Jan 18 2022 Published at Coingape under tags  china ban china police crypto ban news rug pull

No less than 8 people have been arrested by China police in relation to a RMB 50 million ($7.8 million) rug pull. The announcement...

Jan 03 2022

Breaking: Estonia is not banning cryptocurrencies; finance minister clarifies rumors

Jan 03 2022 Published at Coingape under tags  blockchain news btcbrl btcbusd btcdai btceur

Estonia, a North European nation made headlines in the crypto world with its strict AML regulations a few days back. The strict regulatory...

Dec 30 2021

Mexico Prepares To Launch Its Own CBDC by 2024

On December 29, Mexico revealed that the country would roll out a new central bank digital currency (CBCD) by 2024. That is according to a tweet posted on Wednesday evening by the Mexican government.

Dec 28 2021

Analysts Predict Bitcoin Meltdown to a Government Crackdown on Crypto In 2022

Overall, bitcoin has had a successful year. Since the beginning of 2021, the value of the...

Dec 07 2021

Indian Crypto Bill Proposes Jail Term for Rule Violations

The proposed Indian cryptocurrency legislation, which is expected to be tabled in the ongoing session of the country’s parliament, would impose a complete ban on cryptocurrencies as a payment mode ...

Dec 03 2021

Billionaire Investor Charlie Munger Calls Crypto Crazy, Wishes It Had Never Been Invented

American billionaire investor, and the vice-chairman of Warren Buffett’s Berkshire Hathaway, Charlie Munger, has once again lashed at the crypto community. Munger is known for his anti-crypto sentiments, and he never hesitates to let his stance known. A few years ago, the billionaire announced his disdain for Bitcoin, referring to it as a “turd,” and a nonproductive asset. Today, at the Sohn Hearts...

Top 5 Countries Where Crypto Trading Is Illegal

Crypto have been a source of controversy among individuals and nations ever since the entrance of Bitcoin into the financial market. One reason for this is anonymity, one of the bedrock behind the creation of the assets. The major reason is that illicit actors hide under this guise to carry out their malicious activities. These activities include scamming and hacking, which is centered...

Dec 02 2021

Report Says India Will Regulate “Private Crypto,” Not Ban

A report suggests that India's new crypto bill will aim to regulate "private cryptocurrencies," rather than banning them. India's Crypto Bill Will Regulate All Private Cryptocurrencies Earlier, there were reports that the nation may be planning to ban all "private cryptocurrencies," and allow only certain exceptions like the country's own...

Nov 24 2021

Indian Crypto Bill: Is the Government Set For a “Private” Crypto Ban or Just a FUD?

Nov 24 2021 Published at Coingape under tags  bitcoin bitcoin news btcbrl btcbusd btcdai

The much-awaited cryptocurrency bill in India is set to be tabled during the upcoming winter session of the parliament and it has already created a lot of FUD as the first snapshot of the bill went public. The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 is among the 26 bills scheduled to get The post Indian Crypto Bill: Is the Government...

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