Ban Financial News

17.11 / 16:27

cryptocurrency Advertising Ban India To Define Crypto As Asset, Ban Payments, and Ads - Report

Amid a rising number of signs indicating that India’s government could adopt a more nuanced approach to cryptoassets, another report claims that the authorities are finalizing work on legislation that could pave the way for regulation of cryptoasset trading - while banning crypto’s use in payments and transactions.

16.11 / 07:51

cryptocurrency regulation Ban Cryptocurrency here to stay, needs regulation: Experts to Parliamentary panel

cryptocurrency is here to stay, and the challenge is to find ways of regulating it, a view endorsed by some members of the panel who expressed concern over its misuse. The experts said the government should decide how cryptocurrency is to be regulated.

15.11 / 08:15

Ban RBI Time RBI, crypto players meet for the first time, discuss grey zones

India? What kind of coins should be allowed? What could be the investor protection measures? The questions, which could shape the rules of the game if cryptos come under regulation, were deliberated at the Reserve Bank of India’s (RBI) first-ever meeting with the crypto community held on November 2. Amid a crypto craze, fuelled by an ad blitz, it is unclear how cryptocurrencies are entering India to meet spiralling demand.

13.11 / 10:31

Government Ban Bitcoin Chinese provincial official expelled for violating crypto mining ban

The Central Committee of the Chinese Communist Party (CCP) expels a top provincial official after investigations suggest unlawful emgagement with crypto mining activities among other abuse of power.

11.11 / 15:31

cryptocurrency Ban Betting Legal Matters | Ban on activities deemed undesirable is lazy legislation. Governments must do better

In the 2020-21 season, 10 out of the 20 football clubs in the English Premier League (EPL) were sponsored by a gambling/betting company. This same year, Dream11, a fantasy gaming company, became the title sponsors of the Indian Premier League (IPL), arguably the hottest cricketing property. MPL, another such company, sponsors the Kolkata Knight Riders, while WazirX, a cryptocurrency exchange, sponsored the recent India-Sri Lanka cricket series.

08.11 / 18:59

Ban Bitcoin Power Major Swedish Power Company Defends Bitcoin Mining as Regulators Propose Ban

A joint statement from the directors-general of the Swedish Financial Supervisory Authority and the Swedish Environmental Protection Agency has called for a total ban on proof-of-work mining of cryptocurrencies, such as Bitcoin (BTC), within the EU. Meanwhile, Sweden’s state-owned power company is publicly defending crypto mining, saying it has the potential to balance the load on power grids.

01.11 / 13:47

cryptocurrency Ban Tencent Collectibles Chinese Tech Titans’ Digital Collectibles Pledge Involves ‘Fighting Crypto’

Some of China’s biggest tech firms including the likes of JD, Tencent, and Alibaba’s Ant Group have signed a “self-regulating pact” that involves a commitment to “fighting” or “eliminating” cryptoassets.

29.10 / 14:55

business Ban Bitcoin Huobi closes crypto derivatives as part of wind-down for Chinese traders

Major cryptocurrency exchange Huobi has ended futures and other derivatives trading in mainland China today, as planned.

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