Search
Estonia Revokes 500 Crypto Firms’ Licenses After $220 Billion Money Laundering Scandal
13.6.2020
Estonia has canceled 500 cryptocurrency firms’ licenses, about 30% of the total, as part of a crackdown on illicit financial flows following a $220 billion money-laundering scandal involving Danske Bank. Regulators are concerned that bitcoin exchanges and other crypto companies might...
Chinese Authority Freezes Thousands of Cryptocurrency Traders’ Bank Accounts
9.6.2020
Several thousands of bank accounts belonging to cryptocurrency traders have reportedly been frozen by Chinese police as a result of an extensive crackdown on illicit activities. Frozen accounts are not necessarily involved in wrongdoing and can be unfrozen if the authority finds no evidence...
Bitcoin Price Surges to $10,380 as Trump Threatens Military Crackdown
2.6.2020
Bitcoin price broke the $10,000 barrier and rallied to $10,380 for the first time in 3 months
Russia Sending Mixed Signals: Is China-style Bitcoin Crackdown In Works?
1.6.2020
Last week, a leading Russian parliamentarian claimed that Duma financial policymakers were not behind any calls for a ban of cryptocurrencies, such as Bitcoin (BTC). This week starts with worrying news as legal experts and crypto industry leaders have taken aim at a draft bill set to be put before...
Buried Report Reveals Factors Behind South Korea’s ‘18 Crypto Crackdown
8.5.2020
A newly unearthed report from South Korea’s financial watchdogs has revealed the rationale behind the country’s 2018 crypto crackdown
ICO Crackdown: 11 Class-Action Lawsuits Filed Against Cryptocurrency Companies
5.4.2020
A number of class-action lawsuits have been filed against various digital asset firms and exchanges on Friday. The U.S.-based “litigation boutique,” Roche Cyrulnik Freedman, filed the lawsuit for three plaintiffs in the Southern District of New York. All three lawsuits claim that...
Uganda Targets Cryptocurrencies in Ponzi Scheme Crackdown
6.2.2020
Uganda wants to ban pyramid schemes, but cryptocurrencies may come under fire as well
Iran Issues More Than 1,000 Cryptocurrency Mining Licenses
25.1.2020
The Iranian government has reportedly issued more than 1,000 licenses for cryptocurrency mining since it began regulating the industry. A number of large mining farms have set up in the country, but high electricity tariffs have kept many small investors away. Also read: Regulatory Roundup —...
China’s Crackdown on Cryptocurrency Trading: A 2019 Recap
30.12.2019
A brief overview of China’s war on cryptocurrency trading which started in 2017, and where is it at in 2019
Authorities in Sichuan Go After Miners to Save Electricity in the Dry Season
28.12.2019
Regional authorities in the province of Sichuan are reportedly pressuring bitcoin miners to scale down operations amid electricity shortages during the dry season in Southwest China. A meeting has been scheduled with regulators, the state run grid operator and mining companies. Two hydropower...
Chinese Regulators Warn Crypto Crackdown Is Still Effective
27.12.2019
Anyone harboring hopes that Beijing was softening its hardline stance on cryptocurrencies after its latest blockchain drive appears to have been thwarted – with a host of regulators in the country ruling out policy changes.
The crypto crackdown of 2017 was sweeping, with initial coin offerings...
Chinese Regulators Question 8 Crypto Companies in Shenzhen
20.12.2019
Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with...
China: 5 Crypto Exchanges Halt or Shut Services Amid Perceived Crackdown
29.11.2019
At least five Chinese cryptocurrency exchanges have chosen to suspend or end services in line with Beijing’s purportedly toughened stance
First Five Victims of Renewed China's Crackdown on Crypto Announced
28.11.2019
Recently, at least five local Chinese crypto exchanges have halted operations or announced they will no longer serve domestic users as the country started a new crackdown on crypto trading.
Last week, Chinese exchange operators Bitsoda and Akdex announced termination of service, according...
Crypto Market’s Overreaction to Xi’s Blockchain Remark Prompts Tougher Crackdown
25.11.2019
The market’s overreaction to President Xi’s praise of blockchain technology has prompted another crackdown, dashing hopes for a crypto-friendly China
Bitcoin Price Slides Further on China Crackdown News
22.11.2019
Bitcoin (BTC) price slumped to a six-month low on Friday as China’s central bank launched on Friday a fresh crackdown on cryptocurrency trading in Shanghai.
People’s Bank of China (PBOC) Shanghai headquarters said in a statement it would crack down on a resurgence of illegal activities around...
Backfire in Argentina: Citizens Want BTC Over Peso Amid USD Crackdown
21.11.2019
Following the crackdown on Forex by the Argentine government, the volume of P2P crypto trading has risen to an all-time high in the country
Markets Crash After Reports That Binance's Shangai Office Closed in Crypto Crackdown
21.11.2019
Chinese police have reportedly raided and closed the Shanghai offices of leading cryptocurrency exchange Binance
China Is Poised for Another Crypto Trading Crackdown as Speculation Returns
15.11.2019
China appears set to crack down on crypto trading again after President Xi Jinping's praise for blockchain tech revived speculation in the sector
190 Indian Bank Locations Raided in Massive Fraud Crackdown
6.11.2019
India’s Central Bureau of Investigation has reportedly raided over 190 bank locations nationwide in an effort to crack down on fraud involving at least 15 banks. As many as 1,000 officers were involved in what is now one of the largest coordinated searches in India this year. Also read: State...