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Nalezeno "Restrictions": 321

Bank Crisis Spreads in India – Deaths, Strike, Supreme Court Denial

23.10.2019
The Indian banking sector is facing multiple challenges. Customers of several cooperative banks are still struggling to withdraw their money, and deaths have been reported in connection with withdrawal restrictions. Meanwhile, some 300,000 state-run bank employees are on strike against what...

Cashaa Launches Banking Solution for Indian Crypto Owners

22.10.2019
Banking services platform Cashaa is offering a solution for Indian crypto owners facing banking restrictions imposed by the country’s central bank, the Reserve Bank of India (RBI). The service allows users to deposit up to 1 crore rupees (~$141,012) per month to purchase cryptocurrencies....

Russia Blocks 2 Crypto News Websites

19.10.2019
Russian authorities have restricted access to a couple of cryptocurrency news outlets. The formal reasons for the censorship move are different in each case but the end result is the same. In both, regulators have acted on the basis of a law that empowers them to block online sources of information...

Indian Supreme Court Postpones Crypto Case to November

15.10.2019
The Supreme Court of India on Tuesday once again postponed hearing the case against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case...

Bank Raided, Arrests Made but RBI Still Restricts Withdrawals

6.10.2019
The crisis has elevated at the cooperative bank recently placed under regulatory restrictions by India’s central bank. Multiple branches have been raided and several arrests were made. However, the RBI continues to impose a withdrawal limit, preventing bank customers from accessing their...

McAfee to Launch Decentralized Token Exchange With No Restrictions

6.10.2019
On the heels of launching his crypto platform, McAfee Magic, the former antivirus software tycoon John McAfee plans to launch a distributed exchange on Monday, October 7. ‘McAfeedex’ will run on the Ethereum blockchain and McAfee insists the exchange will have no restrictions. Also...

RBI Ban Stops Indian Police From Cashing Out Seized Crypto

4.10.2019
The effects of banking restrictions by the Reserve Bank of India (RBI) have reached an Indian police department. The police sold some cryptocurrencies they seized only to find out that they cannot access the Rs 8.42 crore (~$1.2 million) proceeds due to the current RBI banking ban. Also read:...

Protests Led RBI to Raise PMC Bank’s Withdrawal Limit

27.9.2019
The Reserve Bank of India has relaxed the withdrawal limit of 1,000 rupees (approximately $14) it placed on a cooperative bank a couple of days ago. The central bank said it aims to reduce the hardship of depositors after many heavy protests followed its original order. Also read: Panic at 137 Bank...

Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000

25.9.2019
The Reserve Bank of India has imposed regulatory restrictions on a cooperative bank with 137 branches across India, including limiting customer withdrawals to a total of 1,000 rupees (approximately $14) per account for six months. Police personnel had to be deployed to control angry customers...

Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate

3.9.2019
Indian crypto exchanges are innovating, launching new products and improving services for their users, despite the country’s regulatory uncertainty and unresolved banking restrictions. Meanwhile, the Indian crypto community continues its efforts to convince the government that the draft bill...

S Korean Exchange to ‘Boost Restrictions’ on Deposits, Withdrawals

9.8.2019
South Korean cryptocurrency exchanges could be set to police their customers more thoroughly, as platforms in the country look set to fall in line with regulatory pressure. Per ZDNet Korea, the Korbit exchange says it will “strengthen its restrictions on deposits and withdrawals through Fraud...

Goldman-Backed Apple Card Restricts Cryptocurrency Purchases

4.8.2019
Cryptocurrencies cannot be purchased with the new Apple credit card according to the American multinational technology company’s recently published customer agreement guidelines. The Apple card’s restrictions indicate that the company’s partner, Goldman Sachs, is leery toward...

Another Blow to Crypto Users in the U.S.: Abra Announces Restrictions

26.7.2019
Source: iStock/Mathisa_s Amidst the continued regulatory uncertainty and restrictions, Congressional hearings, and presidential comments, mobile crypto wallet app Abra is forced to make changes that will inevitably impact its U.S. customers. The company said they had to make these adjustments...

VPN Providers Defy Order to Connect to Russia’s Internet Censor

16.6.2019
Russian regulators have once again moved to expand oversight of the online space in an attempt to ensure compliance with various restrictions Moscow is trying to impose. But as in other cases, their efforts have been met with resistance. Over a dozen VPN platforms, popular among crypto enthusiasts...

What Doors Would Loosening Egypt’s Crypto Restrictions Open?

30.5.2019
Reportedly, Egypt may loosen its restrictions on cryptocurrency with the new banking law draft designed for the Central Bank of Egypt (CBE). If the law is implemented, it would ban creating, trading, and promoting only those cryptocurrencies and crypto platforms that do not obtain the necessary...

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