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Nigerian Presidential Hopeful Says He Supports Digital Currencies but Wants the Industry Regulated
30.5.2022
Nigerian presidential hopeful, Bukola Saraki, recently said he supports the digital currency industry which he claimed has created opportunities for the country’s youth. However, he insisted that there is a need for the enactment of laws that guide players in this space. Digital Currencies...
Veteran Investor Jim Rogers Optimistic About Future of Crypto Money
24.5.2022
Renowned investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, says he has “optimism about the future of crypto money.” However, he is skeptical of central bank digital currencies and warned that the world is looking for something to replace...
China Backed Publication: Terra LUNA Crash Vindicates Country’s Ban on Crypto-Related Activities
16.5.2022
An op-ed article published in the state-backed Chinese publication Economic Daily, has suggested that the recent crash of the Terra blockchain’s LUNA and the de-pegging of the UST stablecoin vindicate the Asian country’s decision to ban crypto-related activities. In the article,...
Argentina’s central bank steps in to block new crypto offerings from banks
6.5.2022
Only four days have passed since two of Argentina’s biggest banks opened up to crypto trading but now the central bank has stepped in to block the offerings
New York State Assembly passes ban on new BTC mines that don't use green power
27.4.2022
The bill will now be carried with support to the Senate for passing before a final sign-off into law by Governor Hochul
Ron Paul Cautions Government Could Still Ban Bitcoin — Says He’s Influenced ‘a Whole Lot’ by History
20.3.2022
Former U.S. Congressman Ron Paul says he still believes that the government could outlaw bitcoin mainly because he is “influenced a whole lot by history and the gold history.” Despite his warning, Paul stressed that crypto “should be obviously permitted.” Ron Paul...
UK Regulator Bans Floki Inu Ad for Being Irresponsible, Exploiting Investor FOMO
3.3.2022
The U.K.’s advertising authority has banned an ad for cryptocurrency floki inu (FLOKI). The authority says the ad’s “Missed Doge? Get Floki” claim “exploited consumers’ fears of missing out and trivialized investment in cryptocurrency.” The ad...
RBI Deputy Governor: Banning Crypto Is ‘Most Advisable’ for India, Regulation Is ‘Futile’
15.2.2022
A deputy governor of India’s central bank, the Reserve Bank of India (RBI), likens cryptocurrencies to Ponzi schemes, emphasizing that they cannot be regulated. “It would be futile to regulate cryptocurrencies,” he claims, stating that they should be banned. RBI’s Deputy...
Hungary’s Central Bank Governor Calls for EU-Wide Ban on Cryptocurrency Trading and Mining
13.2.2022
The governor of Hungary’s central bank has called for a ban on cryptocurrency trading and mining in the European Union. “It is clear-cut that cryptocurrencies could service illegal activities and tend to build up financial pyramids,” he said. Hungarian Central Bank Chief Wants...
India Won’t Legalize or Ban Crypto at This Stage, Finance Minister Confirms
11.2.2022
India’s finance minister has revealed the current status of crypto policy in India, including whether crypto will be legalized or banned in the country. The question surrounding the legitimacy of cryptocurrency was raised in parliament after the government announced that income from crypto...
Bitcoin, Ethereum Technical Analysis: Bitcoin Rebounds, as Russia Looks to Regulate Crypto
9.2.2022
Following price consolidation on Tuesday, bitcoin prices rebounded on hump-day, as markets reacted to the news that Russia will regulate, and not ban, crypto. Bitcoin Bitcoin was marginally higher on Wednesday, as the world’s largest cryptocurrency received a boost from the news surrounding...
Billionaire Ray Dalio Discusses Future of Money, Insists Some Governments Will Ban Crypto
6.2.2022
Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has shared his view on cryptocurrency investing and the future of money. He believes that crypto will be banned by different governments. Ray Dalio on the Future of Money and Crypto Bridgewater...
Russian Government Drafts Roadmap to Regulate, Not Ban Crypto, Report Unveils
29.1.2022
A roadmap on cryptocurrencies has been prepared by a number of ministries, regulatory bodies, and law enforcement agencies, Russian media reported. The document, which aims to regulate Russia’s crypto market by the end of this year, comes amid disagreements between the central bank and other...
Fitch says proposed Russia crypto ban eases risks but curbs innovation
28.1.2022
Russia's retail cryptocurrency operations currently stand at about $5 billion per year
US Unveils Bill Giving Treasury Secretary ‘Unchecked and Unilateral Power’ to Ban Crypto Transactions, Advocate Warns
27.1.2022
A new bill introduced in the U.S. has a provision that “would essentially give the Treasury Secretary unchecked and unilateral power” to ban cryptocurrency transactions, warned crypto advocacy organization Coin Center. Treasury Secretary Janet Yellen will be able to prohibit...
Ban Crypto, but Legalize Mining and Issue Gold-backed Stablecoin, Urges Top Russian MP
24.1.2022
Russian parliamentarians, government officials and finance chiefs remain deeply divided on the issue of crypto regulation – with a leading lawmaker indicating that crypto mining could soon be legalized, alongside a state-run, gold-backed stablecoin, while backing the idea of banning crypto...
Regulator Reiterates Call for EU Ban on Proof-of-Work Mining
20.1.2022
The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose a risk to efforts aimed at meeting climate change goals such as those set in the Paris Agreement, the regulator says....
Pakistan’s Central Bank Decides to Completely Ban Cryptocurrency: Report
14.1.2022
The State Bank of Pakistan (SBP), the country’s central bank, has reportedly come to a decision to ban the use of all cryptocurrencies within the country. The central bank has also asked the Sindh High Court to ban “unauthorized operations” of crypto exchanges and impose...
Pakistan's central bank reportedly wants to ban crypto
13.1.2022
Pakistan's finance and law ministries are yet to make a decision on a potential blanket ban on crypto in the country
Kosovo Halts Cryptocurrency Mining Amid Energy Crisis
5.1.2022
The government of Kosovo has decided to suspend crypto mining activities in the country as part of measures to deal with power shortages this winter. The move has been proposed by a special parliamentary committee tasked with bridging the gap between electricity demand and supply. Kosovo...