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Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services
22.6.2022
Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. Popular Chinese App to Impose Restrictions...
Russian Ruble Taps 7-Year High Against the US Dollar — Economist Says ‘Don’t Ignore the Exchange Rate’
21.6.2022
Recent news reports have detailed that Russia’s fiat currency, the ruble, was the best-performing currency worldwide and the articles explained that American economists were perplexed by the trend. On Monday, the Russian ruble rose to 55.47 per dollar, which was the highest increase since...
China’s WeChat bans crypto and NFT-related accounts
21.6.2022
The policy also covers secondary NFT trading as the firm notes that “accounts that provide services or content related to the secondary transaction of digital collections shall also be dealt with.”
South Korean prosecutors ban Terra employees from exiting the country: report
20.6.2022
Employees of Terra have reportedly been prohibited to exit South Korea as investigations by the prosecutors continue
Bill to ban digital assets as payment passed the first reading in the Russian parliament
15.6.2022
The document bears several conceptual contradictions, trying to qualify security tokens as a monetary surrogate
NYC Mayor Eric Adams speaks out against PoW mining ban legislation
14.6.2022
The Mayor has been a proponent of the crypto industry and has now pledged support for sustainable Bitcoin miners by asking Governor Hochul to veto a two-year moratorium on mining
Russian Parliament to Review Bill Prohibiting Crypto Payments
13.6.2022
Legislation making it illegal to pay with cryptocurrencies has been filed with the State Duma, the lower house of Russia’s parliament. The sponsors of the bill want to task crypto platforms to prevent transactions that could facilitate payments with digital assets. Draft Law Banning Use...
Bitcoin miners say NY ban will be ineffective and 'isolate' the state
10.6.2022
Miners feel that the New York legislature’s efforts to get Bitcoin miners out of their state will backfire in the long run as other states invite miners to help improve their energy grid
New Law Will Ban Crypto Pay in Russia (Again) as Miners Struggle to Convince Central Bank to Legalize Industry
9.6.2022
Crypto advocates are still facing an uphill struggle in Russia – where MPs are expected to vote in favor of a proposal that will ban the use of “monetary surrogates” as a form of payment. And it appears that crypto miners are yet to persuade the influential Central Bank Governor Elvira...
Lithuania aims to tighten crypto regulation and ban anonymous accounts
9.6.2022
The country decided to act in advance of upcoming EU regulations that could effectively ban non-custodial wallets
Bill to ban digital assets as payment introduced in Russian parliament
8.6.2022
The legislation would oblige the DFA managers to withhold any deals, implicating the usage of crypto as a monetary surrogate
Outgoing French Lawmaker Calls for Fossil-Based Crypto Mining Ban, DAO Legal Status
8.6.2022
Europe needs to stop dithering and capture the crypto opportunity, Pierre Person says
New York Governor yet to commit to signing Bitcoin mining ban into law
8.6.2022
“We’ll be looking at all the bills very, very closely. We have a lot of work to do over the next six months,” said Governor Hochul
New York Mining 'Ban' Is a Green Opportunity
6.6.2022
New York's push to ban crypto mining triggers response from community
6.6.2022
In a tweet, Lawyer Jake Chervinsky expressed his hopes that the governor will veto the bill “for the sake of New York.”
New York Bill That Aims to Establish a Bitcoin Mining Moratorium Awaits Governor Hochul’s Signature
3.6.2022
The state of New York passed a bill that puts a moratorium on specific types of cryptocurrency mining operations that leverage carbon-based energy sources. The policy will place a two-year ban on proof-of-work (PoW) mining if the assembly bill is approved by New York governor Kathy Hochul. New York...
New York AG warns against crypto investments amid state push to ban mining
3.6.2022
New York Attorney General Letitia James has issued an investor alert against "risky cryptocurrency investments," citing the assets' volatility
New York State To Ban Carbon-Powered Bitcoin, Altcoin Mining, While Kenya Fosters Green BTC
3.6.2022
As regulators across the world work to adopt varying stances on crypto mining, the US state of New York and the East African country of Kenya offer two examples of how legislators can thwart or foster crypto innovation through their initiatives....
Read More: New York State To Ban Carbon-Powered...
This Is Why 'the Government' Is Not Going to Ban Digital Assets
1.6.2022
Benjamin Dean, Director, Digital Assets, WisdomTree, an asset management firm and exchange-traded fund (ETF) provider.
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Read More: This Is Why 'the Government' Is Not Going to Ban Digital Assets
China state media signals tighter crypto regulations in Terra aftermath
31.5.2022
China has used its Economic Daily media outlet to signal that further regulatory action may be taken toward stablecoins in the wake of the collapse of Terra’s algorithmic stablecoin