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Expert Says Peer-to-Peer Nature of Crypto Activity Renders China’s Ban Ineffective
26.5.2024
Continuing raids in China on alleged underground gangs using cryptocurrency to facilitate foreign exchange transactions underscore the ineffectiveness of the Asian nation’s 2021 ban on crypto trading. Chengyi Ong, head of policy for the Asia-Pacific region at Chainalysis Inc., said...
UAE agriculture authority prohibits crypto mining on farms: Report
24.5.2024
Those caught mining crypto on farms face fines of up to 10,000 dirhams, or about $2,722
Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate Over 11,000 Miners to Face the Nation’s Energy Crisis
19.5.2024
The Venezuelan National Power Ministry announced a special operation to disconnect all bitcoin mining farms from the grid. Authorities have seized over 11,000 bitcoin miners as the government seeks to reduce the power usage from high-power customers siphoning energy from the national electric...
Venezuela bans crypto mining to protect power grid
19.5.2024
This move follows a recent crackdown that involved confiscating 2,000 cryptocurrency mining devices as part of an anti-corruption initiative
French Regulator Warns Investors For Using ByBit Despite Ban
17.5.2024
ByBit has been under scrutiny in France for its lack of non-compliance with current regulations and was blacklisted in 20 May 2022.
The post French Regulator Warns Investors For Using ByBit Despite Ban appeared first on Cryptonews
India’s SEBI Open to Crypto Oversight, RBI Seeks Stablecoin Ban
16.5.2024
The Securities and Exchange Board of India (SEBI) has proposed a multi-regulator approach to oversee cryptocurrency trading. In contrast, the Reserve Bank of India (RBI) seeks a stablecoin ban.
The post India’s SEBI Open to Crypto Oversight, RBI Seeks Stablecoin Ban appeared first...
India's Market Regulator Suggests Shared Crypto Oversight Even as RBI Seeks Stablecoin Ban: Reuters
16.5.2024
The Securities and Exchange Board of India submitted a recommendation that several regulators should oversee trade in cryptocurrencies, Reuters reported citing documents
Chinese police bust $1.9B USDT underground banking racket
16.5.2024
The authorities destroyed two underground operations in Fujian and Hunan, and the police also froze 149 million yuan worth $20 million linked to the USDT banking operations
Brazil Upholds Crypto Donations Ban for Political Parties and Candidates
15.5.2024
Brazilian authorities have upheld a ban on the use of crypto donations to fund political parties and candidates’ electoral campaigns in the country.
The post Brazil Upholds Crypto Donations Ban for Political Parties and Candidates appeared first on Cryptonews
Marvel's Answer To Overwatch Blasted For Trying To Ban Criticism
13.5.2024
Marvel Rivals, the Overwatch-like starring Spider-Man, Scarlet Witch, and other Marvel superheroes, came under fire over the weekend during its ongoing closed alpha playtest. After reading through developer NetEase’s contract for access to the playtest, streamers noticed a section that precludes...
PC verze Ghost of Tsushima se nebude prodávat ve většině zemí světa
13.5.2024
Po čtyřech letech od vydání na konzolích míří povedená samurajská akce Ghost of Tsushima i na PC. Tam si ji ovšem bude možné v digitálních obchodech koupit jen v hrstce zemí, ve většině světa totiž bude kvůli nutnosti propojení s PSN účtem nedostupná. Čeští hráči se ale naštěstí bát nemusí
U.S. CFTC Proposes Ban on Political Event Contracts
10.5.2024
The U.S. Commodity Futures Trading Commission (CFTC) proposed a formal rejection of event contracts that bet on the outcome of political activity in a vote on Friday, beginning an effort to wall off U.S. customers from platforms that allow the trading of predictive contracts
U.S. officials seek easier pathways to ban AI exports and keep tech secrets in
10.5.2024
Amid the global race to obtain high-level AI models, legislators in the U.S. have unveiled a new bill that would make it easier to ban exports of AI tech to safeguard against mal-intended foreign actors
US House Proposes Bill to Ban Cryptocurrency Mixers for Two Years
9.5.2024
Led by Sean Casten and supported by fellow Democrats, the proposed bill seeks to enact a two-year ban on cryptocurrency mixers. This would mark a significant step towards addressing anonymity concerns and potential misuse in the digital currency realm.
The post US House Proposes Bill to...
Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years
8.5.2024
The bill introduced in the House would impose a fine of up to $100,000 for handling funds from mixers while Treasury writes a report
AI Predicts China Will Ban High-Energy Blockchains
8.5.2024
We asked three AI platforms to predict the future of high-energy consumption blockchains in China, and the unanimous answer points to a ban.
The post AI Predicts China Will Ban High-Energy Blockchains appeared first on Cryptonews
Nigeria to ban peer-to-peer crypto trading in naira
7.5.2024
Nigeria’s SEC is set to launch a new regulatory framework for crypto exchanges, custodians firms “in the coming days.”
UK Lawmaker Pushes for Rethink on Retail Crypto ETP Ban
2.5.2024
Alun Cairns, a Conservative UK MP, called on the Financial Conduct Authority to reconsider its ban on crypto exchange-traded products for retail investors.
The post UK Lawmaker Pushes for Rethink on Retail Crypto ETP Ban appeared first on Cryptonews
Russia to Enact a Ban on Domestic Operations Of Cryptocurrency Exchanges
30.4.2024
Russia is preparing to enact a ban on the organization of cryptocurrency exchanges in the country via the approval of a bill that regulates mining activities. According to statements made by Russian Duma Financial Market Chairman Anatoly Aksakov, digital financial assets like the digital ruble will...
Filipinos face higher fees after Binance ban
29.4.2024
Jay Ricky Villarante, the CEO of Moneybees, said that the decision to ban Binance reflects the importance of regulatory compliance and oversight in the industry