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South Korea Proposes Ban on Crypto Purchases with Credit Cards
4.1.2024
Source: Pixabay / viarami South Korea’s Financial Services Commission (FSC) has announced a proposal to amend its Enforcement Decree of the Credit-Specialized Financial Business Act, aiming to ban crypto purchases with credit cards. The proposed amendment plans to restrict the use of credit...
75 US Lawmakers Now Support CBDC Anti-Surveillance Bill
2.1.2024
Congressman Tom Emmer’s CBDC Anti-Surveillance State Act now has 75 cosponsors. “A central bank digital currency is government-controlled programmable money that, if not designed to emulate cash, could give the federal government the ability to surveil and restrict Americans’ transactions,”...
SEC’s Cash Only Restriction for Spot Bitcoin ETF Is Nonsense, Says Vaneck Director
30.12.2023
A director of digital assets strategy at asset management firm Vaneck says the U.S. Securities and Exchange Commission (SEC)’s cash-only requirement for spot bitcoin exchange-traded funds (ETFs) is “nonsense.” He predicted that it would not hold out for long since publicly listed...
CZ challenges US gov't attempt to restrict travel before sentencing date
25.11.2023
Former Binance CEO Changpeng "CZ" Zhao has contested the U.S. Department of Justice's assertions that he is a flight risk and may not return before his sentencing next year
Singapore to restrict retail crypto speculation with new rules
24.11.2023
According to MAS, speculative cryptocurrency trading is partly fueled by unverified success stories, celebrity endorsements and the fear of missing out (FOMO) on good returns
US Prosecutors Urge Court to Keep Binance’s Ex-CEO in the Country Amid Flight Risk Concerns
24.11.2023
In the wake of the settlement between the U.S. Department of Justice and Binance, the world’s largest crypto exchange, federal authorities are insisting that the exchange’s former CEO, Changpeng Zhao (CZ), remain stateside until his sentencing in February 2024. Justice Department Seeks...
Hong Kong Regulators Restrict Retail Investor Access to ‘Complex’ Crypto Products
23.10.2023
The securities regulator and the central banking institution of Hong Kong have updated the region’s crypto policy in response to enquiries from the industry. In a circular on the virtual asset-related activities of intermediaries, the authorities introduced additional measures to protect retail...
DOJ Clamps Down on SBF’s Regulatory Loophole Defense Amid Ongoing Fraud Trial
4.10.2023
The Department of Justice (DOJ) has asked the judge in Sam Bankman-Fried’s (SBF) criminal case to restrict several planned defense arguments about financial regulations. Prosecutors said in a new court filing that SBF should not be allowed to claim he’s innocent because cryptocurrency...
JPMorgan’s subsidiary Chase UK to restrict crypto transactions
26.9.2023
Starting from Oct. 16, Chase Bank customers in the United Kingdom will no longer be able to make crypto transactions
Shrapnel Web3 shooter won't let US users cash out, thanks to Gensler
14.9.2023
As soon as a gamer cashes out an in-game asset, they realize monetary value, which is where the problem with the SEC comes in, a Shrapnel executive told Cointelegraph
Taiwan to restrict unregistered, non-compliant foreign crypto exchanges
7.9.2023
Taiwan's crypto watchdog has drafted ten guiding principles for virtual asset service providers operating in the country
US reportedly plans to restrict China’s access to cloud computing services
5.7.2023
Report says sources close to the situation have said U.S. officials plan to restrict Chinese companies’ access to cloud computing services as a security measure
Singapore Implements New Crypto Regulations Targeting Custody, Lending, Staking
4.7.2023
Singapore has implemented new regulations for crypto service providers in a bid to enhance investor protection and maintain market integrity within the cryptocurrency industry. The Monetary Authority of Singapore (MAS) will also restrict lending and staking activities facilitated by crypto service...
North Korean Analyst Warns of Accelerating End to Dollar Dominance — Says BRICS Poses Challenge to US Hegemony
27.6.2023
A North Korean analyst has cautioned that the actions taken by the U.S. to restrict the usage of the dollar and the growing interest of countries to join the BRICS bloc are “accelerating” the decline of the USD as the world’s dominant currency. North Korean State Media...
Economist Jim Rickards Warns of a CBDC-Supported Social Credit System in the US: ‘It Can Happen Here’
26.6.2023
Jim Rickards, an economist and investment banker, has warned about the establishment of a social credit system powered by the issuance of a central bank digital currency (CBDC). According to Rickards, this combination could be used to restrict the civil liberties of Americans by limiting their...
Biggest Bank in Australia to Limit Transfers to Crypto Exchanges
9.6.2023
Commonwealth Bank of Australia plans to restrict payments to crypto trading platforms, citing the threat of scams. The measure would deal another blow to digital asset exchanges operating in the country where it has been getting harder to deposit funds for cryptocurrency operations. Crypto Traders...
Australia's Commonwealth Bank Will Partially Restrict Payments to Crypto Exchanges
8.6.2023
The Australian bank announced on Thursday that will decline "certain payments" to crypto exchanges or hold them for a period of 24 hours
Bali Tightens Regulations: Stricter Measures Implemented to Restrict Foreign Tourists from Using Cryptocurrency as Payment
29.5.2023
The popular Indonesian tourist island Bali will tighten rules around payments to make it harder for foreign tourists to pay with crypto.
Speaking at a press conference on Sunday, Bali Governor Wayan Koster indicated that the tighter rules on payments are part of a wider crackdown on what he called...
Anti-TikTok RESTRICT Act could be turned against crypto and much else, think tank warns
29.3.2023
Experts are speculating on ways the Act could be misused, if passed, and finding potential threats to technologies people love
Controversial ‘Tiktok Ban Bill’ Sparks Concerns Among Cryptocurrency and Technology Advocates
29.3.2023
Cryptocurrency and technology proponents have recently been discussing a new bipartisan bill called the “Restricting the Emergence of Security Threats that Risk Information and Communications Technology (RESTRICT)” Act. In addition to targeting firms such as Kaspersky, Huawei,...