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Iran government reportedly bans local blockchain association
21.6.2021
A crypto warning list is the main cause of the ban, according to the head of the Iran Blockchain Community
Tehran Government Bans Iran Blockchain Association
20.6.2021
The Ministry of Interior of the Islamic Republic has suspended the Iran Blockchain Association (IBA). The measure comes after the organization allegedly breached government regulations. IBA unites participants in the country’s growing crypto sector who are engaged in blockchain technology...
Revised Bill ‘On Virtual Assets’ Aims to Regulate Ukraine’s Crypto Space This Summer
20.6.2021
The Ukrainian parliament has released an updated version of the draft law “On Virtual Assets.” The revised bill requires exchanges to obtain government authorization, disclose their ownership and implement mandatory KYC procedures. The document has been criticized by regulators in Kyiv...
Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report
18.6.2021
According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down operations. Sichuan has been eyed closely in recent times as it’s estimated that a large demographic of miners are situated in the region....
Proposed crypto ban legislation reportedly under review by India's government
16.6.2021
Authorities in India are reportedly weighing up options concerning crypto regulations in the country
Democratic lawmakers have formed group to address regulatory concerns around crypto
15.6.2021
U.S. President Joe Biden is also expected to discuss crypto's role in ransomware attacks during his meeting with Russian President Vladimir Putin on Wednesday
El Salvador reportedly weighing paying employees in Bitcoin
15.6.2021
A 2001 law on monetary integration in the country states that salaries and fees may only be paid in colónes or dollars
Subcontractors and Builders Located in China’s Xiong’an New Area Are Being Paid in Digital Yuan
14.6.2021
Xiong’an New Area, a state-level new area in Hebei, China, is seeing the use of onchain digital yuan payments, according to a circular issued by the Xiong’an government. The announcement details that Xiong’an subcontractors and builders are being paid using the central bank...
‘Bitcoin is not an asset that is designed to be leveraged’ says Caitlin Long
14.6.2021
Avanti Financial CEO says Bitcoin shouldn’t be leveraged, while regulations for stablecoins are underway
Ridiculed no longer? US Space Force will launch NFT line
14.6.2021
“We can now put this launch and Neil Armstrong’s historic achievements on the immutable ledger and memorialize and tokenize it on an NFT that the public can participate in,” said Ethernity Chain CEO Nick Rose
Reports of Mining Sector Cleanup Put China’s Yunnan Province in the Spotlight
14.6.2021
Authorities in Yunnan are launching an investigation to identify and shut down miners that are illegally using electrical power to mint bitcoin, Chinese media reports. Inspections will also focus on potential safety hazards and will be carried out by various government departments. The mining...
Dutch Official Predicts Crypto Market Crash, Says ‘the Netherlands Must Ban Bitcoin Now’
14.6.2021
The director of the Netherlands’ Bureau for Economic Policy Analysis, a part of the country’s Ministry of Economic Affairs and Climate Policy, has predicted “The ultimate collapse of the crypto bubble.” He urges the government to ban bitcoin and other cryptocurrencies...
UK Police Lobbying for New Laws Allowing Them to Freeze Cryptocurrencies
13.6.2021
UK police are lobbying the government to change the laws to allow them to freeze cryptocurrencies. Scotland Yard detectives say currently account-freezing orders do not apply to cryptocurrency wallets, making it difficult for the police to stop criminals from transferring funds. UK Police Want...
Indian Government May Regulate Crypto as Asset Class: Report
13.6.2021
India may be regulating crypto as an asset class under the purview of the Securities and Exchange Board of India (SEBI). In addition, a crypto bill is likely to be introduced during the Monsoon session of parliament, local media reported. Indian Government Reportedly Considers Regulating Crypto...
Is there a right way to regulate crypto? Yes, and this is how
12.6.2021
Cryptocurrency is a promising asset class for people and investors, but the lack of proper regulation slows down its innovation
More IRS crypto reporting, more danger
11.6.2021
The U.S. authorities are becoming seriously interested in crypto, making unreported crypto more dangerous
Dutch official calls for complete ban on Bitcoin
11.6.2021
The Netherlands must ban the mining, trading and holding of Bitcoin because it doesn't meet any of the three functions of money and is handy for criminals, one Dutch official argued
China’s Qinghai Province Instructs Bitcoin Mining Operations to Shut Down
10.6.2021
Following the report that indicates specific Chinese miners in the Xinjiang region were told by officials to shut down, another agency in Qinghai has informed miners to cease operations in a recently published government mandate. Similarly, the Qinghai Industry and Information Technology...
Elizabeth Warren compares 'bogus' crypto to 'legitimate' CBDCs in senate hearing
10.6.2021
"The threats posed by crypto show that congress and federal regulators can't continue to hide out, hoping crypto will go away," said the Massachusetts senator
Iran’s President Wants Crypto ‘Laws and Instructions’ Implemented as Soon as Possible
9.6.2021
Iranian president Hassan Rouhani discussed cryptocurrencies at the most recent meeting of the government’s Economic Coordination Board and told participants that regulatory policy is needed to protect consumers. Rouhani believes the Iranian government should “communicate the necessary...