Cryptocurrency Ban
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Crypto Containment Measures Possible in EU, According to Bitcoin Suisse Chairman
Luzius Meisser, the head of the Swiss cryptocurrency company, shares his thoughts on the European Union’s approach towards cryptocurrency, suggesting…
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Ireland’s Central Bank Governor Supports Banning Crypto Ads Luring Young Adults
Ireland Central Bank (CBFSAI) governor Gabriel Makhlouf lamented the increased presence of crypto advertisements luring young adults to invest in…
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South Africa Mandate Crypto Advertisements to Warn Investments Have Inherent Risk
The recent self-regulation code in South Africa directs social media influencers to refrain from offering trading advice on crypto investment…
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Binance Confirms Signature Bank Withdrawing Support for Crypto Transactions Below $100K
Binance crypto exchange confirms that Signature Bank is scaling down involvement in cryptos by denying support to transactions below $100,000.…
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Compass Mining Charged for Loss of Customers-owned Bitcoin Mining Equipment
Compass Mining is embroiled in a lawsuit alleging nondisclosure to Bit River that it only acted in an intermediary role…
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Sweden Financial Authority Approves Binance to Offer Crypto-Related Services
Binance’s announcement on January 11 lauded the decision by Sweden’s financial authority to grant the operating license. The decision mirrors…
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Crypto.com Delisting Tether in Canada
Crypto.com announced the decision to delist Tether in compliance with the Canadian regulator. The crypto exchange confirmed plans to terminate…
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Hong Kong Financial Secretary Stresses the City’s Pro-Crypto Credentials
Hong Kong’s financial secretary Paul Chan restated the city’s preparedness to shape the region’s crypto industry. In his January 9…
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Blockchain Group Opposes Singapore’s Ban On Token Lending
In a recent statement, the Blockchain Association of Singapore (BAS) opposed the proposal by the central bank to ban token…
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Australia Ranks Fourth Largest Crypto ATM Hub after Outperforming El Salvador
Last year, the Australian crypto empire expanded its crypto ATM installation, outshining other key players such as El Salvador. Currently,…
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Nigerian CBDC E-Naira Witnesses 0.5% Adoption Rate
The Nigerian Federal Government’s digital currency, E naira, has been used by less than 1% of the country’s citizens. This…
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Brazil’s Securities Watchdog Agency (CVM) Approves Investment Funds to Hold Crypto Assets
CVM’s announcement on December 23 confirmed removing the hindrances that prohibited investment funds from holding cryptos. CVM’s statement revealed that…
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OpenSea Bans Cuban Artists and NFTs Cites US Sanctions
OpenSea restated its policy to ban individuals and entities from jurisdictions sanctioned by the US from utilizing its platform. The…
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British Columbia Freezes New Electricity Connection for Crypto Miners
A Canadian state-owned utility company suspended crypto miners’ requests for new electricity connections. In a statement conveyed on December 21,…
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MyConstant Banned from Offering Crypto-Related Products for Violating California Laws
The announcement by the Department of Financial Protection and Innovation (DFPI), dated December 21, 2022, ordered MyConstant to refrain from…
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Bank of Russia Rules Out Free Crypto Investment
The recent position by the Russian government affirmed the exclusive utilization of Bitcoin to support and boost foreign trade. In…
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