Tags : Ban

Regulation

In throwback to Coinbase boss warning, the EU now looking

The EU is looking at stricter crypto controls under the guise of preventing money laundering and terrorist financing. Last year, Coinbase CEO Brian Armstrong raised concerns over rumors the U.S Treasury was moving to ban “anonymous non-custodial wallets.” This he deemed a step too far and would result in stifling the burgeoning crypto industry. In […]Read More

Regulation

No shilling Dogecoin or Shiba Inu? How TikTok’s crypto ban

Celebrities shilling meme coins like Dogecoin, Shiba Inu, and Baby Doge Coin became a recurring theme throughout 2020 as the crypto markets rose. It initially came off as a real surprise to many—considering one of the biggest DOGE cheerleaders was Elon Musk, the world’s richest man, himself—but that sentiment slowly grew to disdain. The likes […]Read More

Bitcoin

China’s Bitcoin (BTC) ban was a positive in many ways

In a recent interview, Galaxy Digital CEO Mike Novogratz said Bitcoin had shown resilience in the face of FUD coming out of China. In an attempt to spin the narrative, Novogratz said the events of the past few weeks have been “an amazing test.” Judging by Bitcoin’s defense of $29k so far, he may have […]Read More

Bitcoin

Bitcoin ‘block times’ hit lowest point in 10 years after

Bitcoin ‘block times’ hit lowest point in 10 years after China mining ban | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Bitcoin › Mining Bitcoin reached its slowest block time in 10 years on June 27th indicating a clear consequence of China’s mining ban. […]Read More

Regulation

UK mainstream media guilty of misleading on Binance “crypto ban”

The U.K crypto community is left confused after the country’s financial watchdog, the Financial Conduct Authority (FCA), published a report titled “Consumer warning on Binance Markets Limited and the Binance Group” over the weekend. This report reiterated comments made in an October 2020 press release banning the sale of crypto-derivatives to retail investors. However, the […]Read More

Regulation

BTC dumps after Agricultural Bank of China issues, deletes, and

The Agricultural Bank of China (ABC) published a Bitcoin (BTC) ban announcement, restating its services must not be used for cryptocurrency-related transactions and activities, only to delete it within minutes, pause for a few hours, and then publish the ban all over again. ABC is one of the “Big Four” banks in the country, state-controlled […]Read More

Bitcoin

Dutch economic advisor calls for a Bitcoin ban even as

An official of the Central Planning Bureau (CPB), an independent, publicly financed policy arm that advises the government of the Netherlands, said today that Bitcoin and other cryptocurrencies should be banned in the country. The director of the ‘Centraal Plan Bureau’ (CPB), an economic research institute that advises the Dutch government, wrote an essay that […]Read More

Regulation

Nigerian central bank does a U-turn on Bitcoin ban, saying

According to local news reports, the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, says he will “allow” the trading of Bitcoin and other cryptocurrencies. In February this year, CBN Director Bello Hassan signed a letter warning monetary service providers of severe regulatory sanctions if they dealt with cryptocurrency exchanges. Aside from hitting a $2.5 […]Read More

Regulation

India may be considering crypto regulation instead of a blanket

News › India › Regulation A special panel of experts may be formed in India to develop a regulatory framework for cryptocurrencies. Liam Frost · May 19, 2021 at 6:00 pm UTC · 2 min read India’s central government is currently considering the possibility of creating a regulatory framework for cryptocurrencies in the country—instead of […]Read More