Ban Financial News

10.08 / 16:25

markets Stablecoin coinbase Ban TORN price sinks 45% after U.S. Treasury sanctions Tornado Cash — rebound ahead?

Tornado Cash (TORN) has lost almost half its market valuation two days after being slapped with sanctions by the U.S. Treasury Department.

18.07 / 12:27

cryptocurrency Ban Central Bank Here’s Why Russia Has Issued a New ‘Crypto Payments Ban’

Vladimir Putin, the president of the aggressor state of Russia, has signed a new law that will ban the use of cryptoassets and other “digital assets” in the payments space – even though crypto pay is already illegal in the country.

15.06 / 15:53

regulation Tokens Ban Bill to ban digital assets as payment passed the first reading in the Russian parliament

A bill that had been introduced a week ago to the State Duma, the lower chamber of Russian Parliament, made a swift passing through first reading. Should it become a law, it would prohibit using “digital financial actives” (DFA) to pay for goods or services.

06.06 / 15:19

Ban Ukraine war: Bulgaria, Montenegro and North Macedonia slammed for stopping Lavrov's visit to Serbia

The Kremlin has sharply criticised three European countries which have refused to let a plane carrying Russian Foreign Minister Sergei Lavrov cross into their airspace, for a planned official visit to Serbia on Monday.

06.06 / 14:31

Ban Jail Smuggling British man given 15-year jail sentence in Iraq for smuggling artefacts

A British citizen was sentenced Monday by an Iraqi court to 15 years in prison on charges of attempting to smuggle artefacts out of the country, in a case that has attracted international attention.

25.05 / 16:15

Ban proof-of-work Energy Bitcoin US President Bitcoin Mining Can be a Force for Good or Bad, Banning it Doesn’t Solve Anything – FTX.US President

Bitcoin (BTC) mining can be a force for both good and bad, depending on how it’s done and where it happens. But countries thinking of banning it should know that miners will not hesitate to simply move somewhere else, FTX.US president Brett Harrison said at the World Economic Forum in Davos, Switzerland, on Tuesday.

05.05 / 07:25

regulation Ban ICO Brace for More S Korean Altcoins as President-Elect Prepares to Ditch ICO Ban

South Korea’s President-Elect Yoon Suk-yeol has indicated he is ready to come good on some of the crypto-related campaign promises that helped him win power earlier this year – and could end an initial coin offering (ICO) ban that dates back to 2017.

02.05 / 22:41

Law Ban New York State Law Decoded: The difference between New York City and New York State, April 25-May 2

Last week, New York dominated crypto media headlines in very different ways. In New York State, the local Assembly voted in favor of the bill that would ban for two years any new mining operations that rely on proof-of-work (PoW) consensus mechanisms and use fossil fuel-generated energy.

21.04 / 14:13

business regulation Ban Bitcoin Bitcoin Wallets Noncustodial Bitcoin wallets unbannable, says exec behind Trezor wallets

As regulators grow increasingly concerned about investors moving their cryptocurrency out of centralized exchanges, one industry exec has assessed the probability of a potential ban of noncustodial wallets.

29.03 / 18:05

Ban Africa Central Bank Military With inflation going through the roof, Sudan’s central bank cautions citizens against using crypto

The Central Bank of Sudan (CBOS) cautioned the country’s citizens against dealing with “all types of cryptocurrencies” due to “the high risks” that they pose. This announcement came as a reaction to the increasing interest in digital assets among the country’s population, which has been facing three-digit inflation rates since the 2021 military coup.

23.03 / 14:35

cryptocurrency Adoption Ban Bitcoin Crypto Banned as a Payment Method in Thailand, Trading Intact

Thailand has banned the use of cryptocurrencies as a means of payment for goods and services in the country, saying that their use could threaten financial stability and the national economy.

23.03 / 11:45

regulation SEC Ban Thailand SEC Thailand SEC bans crypto payments, seeks disclosure of system failure from exchanges

In an ongoing effort to carve out a regulated crypto market for the general public, the Thailand Securities and Exchange Commission (SEC) announced a ban on the use of cryptocurrencies for payments. Parallelly, the Commission proposed a new rule that demands disclosure of service quality and IT usage information from crypto businesses including brokers, exchanges and dealers.

21.03 / 14:47

cryptocurrency Binance Ban crypto transfers Regulators in Ukraine, Russia Tell Banks to Block Certain Types of Crypto Transfers

Banks on both sides of the Russia-Ukraine war are taking measures to restrict the flow of crypto funds overseas, with central banks keen to limit private citizens from making crypto-related cross-border transactions through banks.

12.03 / 18:03

Ethereum Ban proof-of-work Bitcoin EU Crypto Industry Calls to Arms as Bitcoin & Ethereum Ban In Cards Again

France-based hardware wallet manufacturer Ledger sounded an alarm about a possible EU-wide ban on cryptoassets that are using the proof-of-work (PoW) consensus mechanism, calling people to contact members of the European Parliament (MEPs) and oppose the move.

04.03 / 00:05

business Ban DAO Voting Former ENS director of operations may remain at foundation after voting against his own removal

Many members of the Ethereum Name Service’s decentralized autonomous organization have voted in favor of allowing recently removed director of operations Brantly Millegan to stay on as the ENS Foundation director.

28.02 / 12:47

Ban Beijing Bitcoin network Bitcoin Network Bitcoin network's carbon emission jumped 17% after China ban: Report

Bitcoin network’s proof-of-work mining consensus has been a topic of evironmental, social and governance (ESG) debates for a long time and a new study may only add to the growing controversy around BTC's carbon footprint.

25.02 / 04:23

cryptocurrency Ban Bitcoin Chinese Provinces Tighten Crypto Crackdown – Despite Setting New Electricity Rates for Miners

A number of Chinese provinces have increased the rate at which crypto miners must pay for electricity – despite the fact that mining has been outlawed in the nation.

22.02 / 20:13

Adoption Ban Asia Bitcoin How are Afghans using crypto under the Taliban government?

After the Taliban took full control of Afghanistan in August last year, many international non-governmental organizations and services stopped operating in the country. Among them were payment services like Western Union and Swift.

21.02 / 12:50

cryptocurrency Ban Bitcoin Russia Inches Closer to Crypto Regulation as Ministry Hands Gov’t its Draft Bill

Russia’s Ministry of Finance says it has formally submitted its draft bill on crypto regulation to the government – a move that could finally put an end to the political in-fighting that has dogged politicians in their bid to police the industry.

17.02 / 18:27

cryptocurrency Ban Central Bank Late Drama Threatens to Disrupt Russian Crypto Regulation Plans

Friday is supposedly D-Day for Russian parliamentarians, who are set to unveil their much-talked-about draft crypto regulation bill – but the drama continues to rumble on, leading some to questions whether the law will indeed pass as quickly as some have hoped.

16.02 / 04:27

cryptocurrency Ban Bitcoin China Says it Has Closed all Crypto Exchanges – But Traders, Miners May Still Be Active

The Chinese central bank – the People’s Bank of China (PBoC) – says that all crypto exchanges and peer-to-peer (P2P) trading platforms have now been closed down on the Mainland. But it appears the authorities are still fighting an ongoing struggle against crypto mining, with many advocates thought to have taken their operations underground.

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