Ban Financial News

15.02 / 04:43

regulation Ban Indian Government RBI deputy governor: banning crypto 'most advisable choice'

T. Rabi Sankar from the Reserve Bank of India compared cryptocurrency to ponzi schemes and said that banning them, not regulating them, would be the “most advisable choice” for the Indian government.

11.02 / 23:33

regulation Ban Central Bank Consultations India’s finance minister waiting for consultations to decide whether to ban or regulate crypto

Yet another statement by a top Indian official suggests that regulatory uncertainty around the status of digital assets in the country will persist in the near term.

08.02 / 01:09

business Twitter Ban DAO ENS dumps director of operations in condemnation of homophobic tweets

True Names Limited, the nonprofit behind distributed domain protocol Ethereum Name Service, announced it would be ending its contract with director of operations Brantly Millegan after many uncovered his previously posted anti-LBGTQIA tweets.

01.02 / 00:33

regulation Ban Indian Training Indian parliament's agenda includes crypto training session, leaves out bill banning digital assets

The latest bulletin covering the agenda for India's lower house of parliament includes “a lecture on understanding cryptocurrency” and its economic impact.

27.01 / 17:27

Government Law Ban Central bank overkill: Russia’s proposed crypto ban and why everyone’s against it

On Jan. 20, the Central Bank of Russia (CBR) issued a report summarizing its position on digital assets and proposing a ban on any crypto trading and mining operations in the country. Although the CBR’s strict position on the matter was never a secret, such a bold statement triggered waves of fear, uncertainty, and doubt — otherwise known as FUD — across the board, given Russians’ high rates of involvement in the global digital assets market.

27.01 / 15:31

Government Law Ban Framework regulatory Russian Finance Ministry submits crypto regulatory framework for review

In a new twist of the Russian crypto regulation saga, the country’s Ministry of Finance has come forward with an initiative that stands in stark contrast with the central bank’s hardline position.

24.01 / 21:19

Law Ban Law Decoded: When central banks seek public discussion, Jan. 17–24

Last week, two central banks dropped public reports that can have a sizable impact on the crypto landscape in their respective countries and beyond. The U.S. Federal Reserve published a discussion paper entitled “Money and Payments: The U.S. Dollar in the Age of Digital Transformation,” which summarizes years of the Fed’s research on CBDCs. Meanwhile, the Central Bank of Russia released a report that called for a blanket ban on domestic cryptocurrency operations and mining. Both documents are framed as an invitation for public discussion, but the kinds of discussions that they will trigger are likely to be very different.

24.01 / 20:11

business Blockchain CFTC Ban Uniswap founder's bank account shut down by JP Morgan Chase, shadow-debanking allegations surface

On Sunday, Hayden Adams, CEO and founder of popular decentralized exchange, or DEX, Uniswap (UNI), claimed that his JP Morgan Chase bank accounts were shut down with no explanation. In addition, Adams stated that the incident was personal in nature as he knew "many individuals and companies who have been similarly targeted simply for working in the crypto industry."

24.01 / 08:51

regulation Ban Bank of Russia Russian tech and political executives denounce crypto ban proposal

Russia’s recent ban on crypto has drawn criticism from a number of big names, including Alexei Navalny’s chief of staff Leonid Volkov, and Telegram founder Pavel Durov.

20.01 / 17:37

cryptocurrency regulation Ban Russian Central Bank Proposes Crypto Use and Mining Ban

The central Bank of Russia today proposed banning the use and mining of cryptoaassets on the country's territory. The proposed ban encompasses crypto exchanges too.

19.01 / 12:17

Ban proof-of-work Bitcoin Proof-of-Hypocrisy: Securities Regulator Calls for Bitcoin Mining Ban in EU, Promotes PoS

A leading EU financial regulator wants the union to “ban” proof-of-work (PoW) crypto mining and force tokens into proof-of-stake (PoS) paradigms, while the EU itself and the traditional finance sector are reportedly less environment-friendly than Bitcoin (BTC) when it comes to electricity consumption.

14.01 / 21:11

cryptocurrency Latin America Ban Bitcoin place Bolivian Central Bank ‘Bans’ Crypto, Says Tokens ‘Have No Place in Domestic Market’

The Bolivian central bank has moved to “ban” the use of crypto in the nation – and has issued warnings about what it perceives to be the “risks” involved with investing in cryptoassets such as bitcoin (BTC).

12.01 / 03:57

business Ban YouTube Bitcoin Don’t mention ‘K’ country: Bitcoin Magazine's YouTube restored after ban

Bitcoin Magazine’s YouTube channel was restored around three hours after being shut down, with the publication attributing the short ban to the YouTube algorithm flagging the word “Kazakhstan.”

10.01 / 08:41

Mining regulation Ban Energy Kosovo police seize 300 crypto mining machines amid electricity shortages

The police in Kosovo have ramped up their efforts to crack down on crypto miners in the country, confiscating more than 300 mining machines on Jan. 8 alone.

04.01 / 04:43

regulation Ban Bitcoin Regulation The number of countries banning crypto has doubled in three years

Although 2021 was a good year for the cryptocurrency industry in terms of market performance, the number of jurisdictions banning crypto has more than doubled since 2018.

29.12 / 08:30

Trading Ban Bitcoin Crypto users Chinese Crypto Users Still Find Ways to Circumvent Ban

Crypto users in Mainland China are still finding ways to trade while major exchanges are preparing to disable service for Chinese users by the end of the year.

17.12 / 19:33

regulation Ban Central Bank Bank of Russia governor: Banning crypto in Russia is 'quite doable'

In a Friday press conference, Central Bank of Russia governor Elvira Nabiullina further escalated the fear, uncertainty, and doubt (FUD) surrounding the state of crypto regulation in the country. When asked about the rise of digital assets, Nabiullina gave the following remarks, as reported by local news outlet finmarket.ru and translated by Cointelegraph:

17.12 / 12:05

cryptocurrency Ban Bitcoin Russia: Total Ban on Crypto Ownership Still on Table, Says Top Official

Russian lawmakers’ seemingly endless quest to introduce crypto regulation in the country could culminate in a complete ban on the ownership and purchase of coins, says the elusive regulation’s chief architect.

09.12 / 21:05

Mining Ban Bitcoin Hashrate recovery Bitcoin Hashrate Close to Full Recovery After China’s Mining Ban

The hashrate, or the computational power of the Bitcoin (BTC) network is close to a full recovery after a massive migration of miners out of China following a ban on mining and other crypto-related activities there in May this year.

29.11 / 20:11

Law Ban Law Decoded: India ponders going full China on crypto, Nov. 22–29

Are big emerging economies more likely to gravitate toward blanket crypto bans? China has set a precedent, and now it appears as if India could be weighing a similar policy direction: A bill containing a proposed ban on all “private cryptocurrencies” will go in front of the nation’s parliament sometime this winter. The measure is designed to clear the way for India’s central bank to advance its digital currency agenda.

24.11 / 04:39

Government Law Ban Govt plans bill to ban private cryptocurrency, allow RBI digital coin

government will move a bill to frame rules for cryptocurrencies aimed at prohibiting private coin while providing a framework for the creation of an official digital currency to be issued by the Reserve Bank of India (RBI). The bill is listed among 26 items of legislation for consideration in the winter session of parliament, according to a bulletin issued by the Lok Sabha on Tuesday.

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