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Bank of Russia to ban mutual funds from investing in Bitcoin

13.12.2021
Mutual funds in Russia will not be allowed to provide crypto exposure to qualified or unqualified investors

Indian Prime Minister Narendra Modi to Take Final Decision on Cryptocurrency Regulation

10.12.2021
A high-level meeting is reportedly being held on cryptocurrency regulation in India and Prime Minister Narendra Modi will take a final decision on how India will regulate the crypto sector. All options are being discussed including full and partial regulation as well as a complete ban and a partial...

Bitcoin Hashrate Close to Full Recovery After China’s Mining Ban

9.12.2021
The hashrate, or the computational power of the Bitcoin (BTC) network is close to a full recovery after a massive migration of miners out of China following a ban on mining and other crypto-related activities there in May this year. According to the latest data, the hashrate of the Bitcoin...

Bitcoin hash rate returns to all-time high levels

9.12.2021
After the global hash rate of Bitcoin dropped to as low as 84 EH/s in June, the network has since recovered to sit at around 175 EH/s this week

India to Impose Ban on Crypto Payments, Deadline for Declaring Crypto Assets, KYC Rules: Report

8.12.2021
The Indian government has reportedly proposed banning the use of cryptocurrency for payments and setting a deadline for investors to declare their crypto holdings. Violators may be arrested without a warrant and held without bail. In addition, the crypto bill may call for a uniform...

Cryptocurrency Exchange Huobi Global to Leave China This Month

8.12.2021
Digital asset exchange Huobi Global has revealed its intention to exit the Chinese Market. The crypto trading platform with Chinese roots said it will stop processing transactions for existing users on the mainland by the end of the year. Huobi Global Halts Services in the People’s Republic...

India to set maximum penalty for violating crypto norms at fine of $2.7 million or 1.5 years in jail

7.12.2021
The country wishes to see all crypto activities take place on platforms regulated by SEBI

Major Indian bank breaks ‘banking ban’ with WazirX crypto exchange deal

6.12.2021
Indian banks have reportedly been slow to accept the Supreme Court's decision allowing them to do business with crypto firms

China’s Hainan Province Ramps Up Crackdown on Crypto Mining Operations

5.12.2021
The province of Hainan in South China has taken steps aimed at curbing crypto mining activities. Besides blacklisting the industry, local authorities are also introducing higher electricity rates for the mining enterprises that continue to operate in the region. Hainan to Ensure Crypto Miners...

Berkshire’s Charlie Munger Praises China for Banning Crypto — Wishes Crypto Had Never Been Invented

5.12.2021
Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, says China did the right thing to “ban” cryptocurrencies, including bitcoin. He wishes that cryptocurrencies had never been invented, emphasizing that he will not participate in the crypto boom....

India’s Cabinet Note Indicates No Crypto Ban — Government Will Regulate Crypto Assets: Report

3.12.2021
India is no longer planning to ban cryptocurrency, a cabinet note circulated by the government reportedly indicates. Activities relating to crypto assets will be regulated by the Securities and Exchange Board of India (SEBI). Crypto Will Not Be Banned in India, Cabinet Note Indicates Despite...

Russia to Decide Fate of Crypto Exchangers in 2022

3.12.2021
Discussions on the future of “virtual currency exchangers” in Russia should be completed in 2022, a high-ranking representative of the country’s financial watchdog has indicated. Following international standards, authorities in Moscow would have to either regulate or ban such...

Indian Crypto Bill To Regulate, Not Ban 'Private Cryptocurrencies' - Report

3.12.2021
As India’s authorities are advancing their work on new crypto-related legislation, a document released by the Indian government indicates that private cryptocurrencies will be regulated rather than banned, contrary to earlier suggestions. A cabinet note on the proposed cryptocurrency bill says...

Cabinet note suggests India will regulate, rather than ban, crypto

3.12.2021
Indian crypto investors will reportedly be given a certain time frame to declare their crypto holdings, and must then hold their assets on crypto exchanges regulated by SEBI

Chinese crypto ban poses no threat to local industry media, sources say

2.12.2021
Chinese crypto media are reportedly keeping a low profile on their websites and are focusing on growing communities on Twitter and Telegram

No, Facebook Has Not Reversed Its Crypto Ad Ban

2.12.2021
Meta, the parent company of social media giants Facebook and Instagram, has recently updated its eligibility criteria for running crypto ads, adding a total of 24 more regulatory licenses to its list of accepted licenses. While the move marks progress in Facebook's long-standing policy that barred...