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Binance Card still on its way to Russia despite local crypto payments ban
7.9.2020
Russia’s law on digital assets has not affected Binance's business in any way
Australian Financial Watchdog Bans Local BitConnect Promoter for 7 Years
7.9.2020
The Australian man was banned from working in financial services by the Australian Securities and Investment Commission
Russia’s Latest Draft Bill Would Still Largely Ban Crypto, Stifle Miners
3.9.2020
Russia's Ministry of Finance wants to ban any cryptocurrency payments, which could be bad news for the country's mining farms
A WeChat Ban Should Be the Moment for Decentralized Tech. But It’s Not.
14.8.2020
President Trump’s threat to ban WeChat could disrupt the communication of millions of people. Decentralized technology is one solution, but will people really use it? Not necessarily, industry watchers say
$600M Crypto Ad Ban Class Action Filed in Australian Courts
14.8.2020
Facebook and YouTube are facing a class-action lawsuit alleging anti-competitive behavior in prohibiting crypto advertising in 2018
OKEx CEO Says Indian Crypto Ban 'Unlikely', Has 3 Scenarios in Mind
8.8.2020
Major crypto exchange OKEx opened the doors of their new platform in India, amidst speculations that another crypto ban might be incoming. This scenario the exchange's CEO finds unlikely to happen, describing the platform's first day of trading as a "huge success."
On August 5,...
Indian Government Actively Working Towards New Crypto Ban
5.8.2020
Five months after Indian courts lifted the blanket ban on crypto, an official said the government is considering a new law banning crypto
Government Official Updates Progress of India’s Cryptocurrency Law
4.8.2020
A government official has reportedly confirmed that a “note” regarding the legal framework for cryptocurrency in India has been forwarded to related ministries for inter-ministerial discussions. It would then be presented to the cabinet for approval. Status of Indian Crypto Bill...
China Never Banned Bitcoin as Commodity, Beijing Arbitration Commission Explains
2.8.2020
The Beijing Arbitration Commission has published an article clarifying that bitcoin’s use as a commodity has never been banned in China. It explains that the Chinese authorities’ attitude toward controlling bitcoin revolves around three areas. China Recognizes Bitcoin as Commodity...
Major Chinese Banks Bar Customers From Buying Gold, Precious Metals
1.8.2020
Major Chinese banks have taken measures to prevent customers from buying gold, platinum, palladium, and other precious metal-related products through them. The Shanghai Gold Exchange also says it may take necessary measures to curb gold trading to “protect investors.” Chinese Banks...
Indian Government Confirms Crypto Bill Is ‘Awaiting Approval’
31.7.2020
The Indian government has confirmed in a Right to Information (RTI) reply that the inter-ministerial committee’s cryptocurrency bill is “awaiting approval of the government.” The bill is currently being examined by various ministries. Indian Government’s Confirmation...
Chinese Arbitration Body Says Crypto Crackdown ‘Isn’t a Bitcoin Ban’
31.7.2020
Beijing’s local arbiter has attempted to clarify the government’s stance on bitcoin (BTC) – and stated that the world’s most notorious crypto ban is not exactly a “ban” per se.
In an unprecedented move from a Chinese legal body, the Beijing Arbitration Commission (BJAC) – one of nine local legal...
China Didn’t Ban Bitcoin Entirely, Says Beijing Arbitration Commission
30.7.2020
Bitcoin-related activities are not prohibited by the Chinese government as the cryptocurrency acts as a virtual commodity
Bitcoin Tops $11,000 Reigniting Interest in India
30.7.2020
A resurgent bitcoin is rekindling Indian interest in cryptocurrencies with reports suggesting many dormant holders are back to trading. A report in Livemint is also attributing the piqued interest to a recent Indian supreme court decision to overturn a prohibition that barred banks from dealing...
Marine Corps Bans Crypto Mining Apps From Government-Issued Mobile Devices
29.7.2020
The Tuesday memo does not give a specific reason for the bitcoin mining ban but broadly cited security concerns
Market Update: Cryptocurrency and Gold Markets Fueled by Failing Global Economy
27.7.2020
The cryptocurrency economy has spiked significantly on July 26 into the overnight trading sessions capturing over $300 billion in value. Bitcoin is trading above the $10,360 zone while ethereum is swapping for $321 per coin. Meanwhile, the precious metals gold and silver have seen incredible gains...
Crypto Entrepreneurs Sue Google, Facebook, Twitter Over Ad Ban
22.7.2020
Following the infamous crypto advertising ban by Google and its video-sharing site YouTube, Facebook, and Twitter, a law firm representing crypto entrepreneurs and investors who claim their business was hurt as a result of the ban are now taking the tech giants to court in Australia.
The news about...
Google, Facebook, Twitter Face Class-Action Lawsuit for Banning Crypto Ads
20.7.2020
Cryptocurrency businesses are taking Google, Facebook, and Twitter to court in a class-action lawsuit that could cost the social media giants $300 billion. The plaintiffs say that their businesses have been hurt by Google, Facebook, and Twitter banning crypto ads on their platforms. Google...
Twitter Hack Special: $120K Stolen, FBI Investigate, Calls to Ban BTC — Hodler’s Digest, July 13–19
19.7.2020
Top celebrities, politicians and businesses are caught up in a “social engineering attack” on Twitter — with theories swirling around that it could have been an “inside job.”
Former Finance Secretary Subhash Chandra Garg Proposes Regulating Crypto as Commodity in India
18.7.2020
Subhash Chandra Garg, former Finance and Economic Affairs Secretary of India, has told the Indian crypto community that crypto assets should be regulated as commodities. However, he stands by his draft crypto bill that bitcoin and other cryptocurrencies should be outlawed. Garg Proposes Indian...