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Pakistani Bank Asks Customers to Avoid Conducting Crypto Transactions


A major bank in Pakistan has reportedly asked its customers to avoid conducting cryptocurrency transactions. Bank Alfalah’s action came shortly after the State Bank of Pakistan, the country’s central bank, submitted a report to the Sindh High Court recommending a complete ban...

Iran Allows Renewable Power Plants to Supply Crypto Miners With Electricity


Authorities in Iran have decided to permit power generation plants using renewable sources to sell electricity to licensed cryptocurrency miners. The move comes after the government asked mining companies to suspend activities in order to avoid winter blackouts. Crypto Miners in Iran to Mint...

China Censors Crypto-Themed Short Videos Shared Online


An industry organization controlled by the Chinese government has updated a list of topics users of video-sharing apps should avoid. Crypto-related content is now among the entries along with traditional taboos in China like mocking its leadership, provoking sectarianism, and showing sex. Clips...

Bank of Russia Wants to Ban Mutual Funds From Investing in Cryptocurrency


Russia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital money, comes after the regulator urged stock exchanges to avoid trading securities tied...

Threat of Nested Exchanges and What Binance Is Doing to Combat Them


Nested exchanges are becoming a popular tool for money launderers. Learn all about nested exchanges/services and what we’re doing to combat them as well as how to avoid them and why accounts get blocked or frozen because of them. Main Takeaways: A nested exchange provides crypto trading...

Celebrities Need to Avoid Deceiving Inexperienced Crypto Investors


Mark Taylor is the Head of Financial Crime at the CEX.IO crypto exchange.___ In the past few months, influencers and celebrities have been increasingly promoting crypto projects. While many work with prominent businesses, it’s not uncommon to see paid posts from well-known individuals advertising...

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