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Central Bank of Nigeria Official Reiterates Nigerian Residents Free to Trade Cryptos: Directive Only Applies to Banking Sector
21.3.2021
A senior executive with Nigeria’s central bank, Adamu Lamtek, has reportedly denied that his institution had placed restrictions on the use of cryptocurrencies. Instead, Lamtek, who is the deputy governor responsible for corporates services at the Central Bank of Nigeria (CBN), says...
Thai Central Bank Declares Baht-Pegged Stablecoin Illegal in Violation of Currency Law
21.3.2021
Thailand’s central bank has declared a stablecoin pegged to the Thai Baht illegal, citing violation of the country’s currency law. The Bank of Thailand (BOT) is currently working on a regulatory framework for stablecoins. Thailand Bans Baht-Pegged Stablecoin The Bank of Thailand,...
New Details About India Banning Cryptocurrency Emerge — Crypto Community Sees Mixed Messages
16.3.2021
New details have emerged suggesting that the Indian government will go ahead with banning cryptocurrency, in contrast to what the crypto community believes. In her latest interview regarding cryptocurrency legislation, India’s finance minister said that there will be a window...
India to have a ‘window’ for Bitcoin, says minister amid crypto ban FUD
15.3.2021
The Ministry of Finance of India continues to form a careful position on private cryptocurrencies
Latest Episode of India’s Crypto Ban Soap Draws Decidedly Mixed Reviews
15.3.2021
Yet another “unnamed Indian government source” has come forward with forecasts of doom – telling Reuters that New Delhi is set to unveil a law “banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets,” and stamping out mining.
But, once again, everything...
Bybit appoints new general counsel to lead global cryptocurrency compliance
9.3.2021
Daniel Lim will lead Bybit's legal and compliance team, following an appointment hot on the heels of Bybit's U.K. shutdown
Indian Government Open to Exploring Cryptocurrencies — Finance Minister Offers New Clues About Crypto Regulation
8.3.2021
The Indian finance minister has finally revealed clues about what is in the cryptocurrency bill that is due to be introduced in parliament. Mentioning no crypto ban, she said that the government will take “a very calibrated” approach to cryptocurrencies. Indian Finance Minister Provides...
Indian Crypto Players Want Bigger Role In Shaping Regulation As Ban Is Less Likely
8.3.2021
Source: Adobe/Patange_R
As India's Finance Minister and a member of the Lower House of Parliament both gave encouraging statements over the past weekend, local crypto industry players want to have a bigger role in shaping the regulatory landscape.
The news came from India, as on March 5, as...
No crypto ban in India: Finance Minister predicts “very calibrated” stance
6.3.2021
No blanket ban on the horizon, with an open "window" for experimentation in India says Nirmala Sitharaman
Cryptocurrency exchange Bybit shuts up shop in UK in compliance with FCA ban
5.3.2021
Bybit will stop serving customers from U.K.-based IP addresses starting March 31, following the FCA's ban on all cryptocurrency derivatives trading
Crypto Bank Expands in India — Confident Government Will Approve Legitimate Use of Cryptocurrencies
2.3.2021
Crypto bank Unicas, a joint venture between Cashaa and United Multi State Credit Cooperative Society, has expanded its operations by opening another physical branch. The bank believes that the Indian government will introduce positive crypto regulation and not impose an outright ban...
Crypto bank opens physical location in India's capital as potential regulatory ban looms
1.3.2021
Unicas is planning to open 50 banks in India by the end of the year, but a proposed bill banning crypto could complicate matters
Nigerian Vice President Yemi Osinbajo Contradicts Central Bank, Says Cryptocurrencies Must Regulated and Not Prohibited
27.2.2021
In an apparent rebuke of the Central Bank of Nigeria (CBN), the Vice President of Nigeria Yemi Osinbajo says the country’s monetary authorities must consider regulating crypto assets. He adds that instead of “killing the goose that might lay the golden egg”, Nigerian monetary...
Indian Central Bank Informs Government of Major Crypto Concerns — Digital Rupee ‘Receiving Our Full Attention’
25.2.2021
India’s central bank governor Shaktikanta Das has revealed that the bank has “major concerns” about cryptocurrencies, and it has informed the government of them. He expects that the government will soon make a decision on cryptocurrency. Meanwhile, the Reserve Bank of India (RBI)...
Illinois Rep Becomes 723,556th Lawmaker To Threaten Banning Violent Video Games
24.2.2021
Another year, another attempt to ban the sale of violent video games. House Bill 3531 is the brainchild of Illinois State representative Marcus Evans, Jr. and is actually an amendment to a statute passed in 2005 that already bans the sale of violent video games to minors. HB3531’s proposed changes...
India’s Warren Buffett Wants Regulators to Ban Bitcoin and Focus on Digital Rupee
24.2.2021
Indian billionaire Rakesh Jhunjhunwala, sometimes referred to as the Warren Buffett of India, says that the government should ban bitcoin. Calling the cryptocurrency “speculation of the highest order,” the billionaire investor stated that he will never buy bitcoin. Billionaire Rakesh...
South Korean Financial Regulator Confirms Privacy Coin Delistings- Adds New Guidelines to Report Unusual Transactions
22.2.2021
South Korean financial watchdogs are about to start overseeing crypto-related activities in the nation, and additional barriers for exchanges keep appearing. Moreover, one of the South Korean regulatory bodies codified the measures announced last year on privacy coin listings. No Major Domestic...
India securities regulator to reportedly bar IPO promoters from holding crypto
22.2.2021
The Securities and Exchange Board of India may force promoters of initial public offerings to ditch crypto
IMF Representative of Nigeria Calls for Caution Over the Use of Cryptocurrencies
20.2.2021
The International Monetary Fund (IMF) resident representative for Nigeria, Ari Aisen recently discussed the Central Bank of Nigeria (CBN) directive that targets crypto entities. In remarks made during a special virtual press briefing, Aisen repeats some of the CBN’s claims that...
Nigeria Crypto Ban: Bitcoin Sells for $76K as Deposits on Centralized Exchanges Plummet
18.2.2021
According to a website that tracks the price of bitcoin across the globe, the crypto asset’s selling price in Nigeria as of February 18 stood at $ 76,000. At this price, the crypto asset is selling for $20,000 more than the approximately $52,000 that most cryptocurrency exchanges...