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Indian Finance Minister Answers Questions on Cryptocurrency Plans and Ban Proposal
10.2.2021
India’s Finance Minister Nirmala Sitharaman has answered some questions regarding cryptocurrency in Rajya Sabha, the upper house of India’s parliament. The questions include measures the government plans to impose on the crypto industry. Finance Minister Nirmala Sitharaman Answers...
Central Bank of Nigeria Denies It Has Placed New Restrictions on Cryptocurrencies — Uses Debunked Claims to Justify New Directive
10.2.2021
Following the outcry over the Central Bank of Nigeria’s latest directive that targets cryptocurrencies, the institution has reaffirmed its stance with another statement. In the latest five-page document, the CBN insists that this directive is intended to protect the country’s financial...
South Korean Crypto Exchange Becomes the First Overseas Platform Legally Recognized in China
10.2.2021
A South Korean cryptocurrency exchange announced it established its first legally recognized branch in China. Although the nation banned all local crypto trading services, DBX said the firm already obtained a license to go ahead with the operations. Final Certificate of Incorporation Granted...
Former British MP says central banks should ban Bitcoin
9.2.2021
Nick Boles, who served as a Member of Parliament from 2010 to 2019, believes the world would be better off without Bitcoin
Bitcoin ‘Can’t Be Stopped’: Nigerians Look to P2P Exchanges After Crypto Ban
9.2.2021
Some Nigerians plan to continue using bitcoin (BTC) and other cryptocurrencies despite a directive issued by the Central Bank of Nigeria (CBN) last week ordering banks to close down accounts associated with cryptocurrencies
Potential India Crypto Ban, Worldwide Darknet and Virgil Griffith’s Saga Continues
8.2.2021
Crypto restrictions in India, fresh darknet market research from Chainalysis and the newest chapter in Virgil Griffith’s North Korea saga
Indian parliament reportedly considering fast-tracking crypto bill
8.2.2021
Government officials may be planning to introduce the law potentially banning crypto “within a month” of the ordinance clearing
Nigerian Central Bank Says Its Ban on Crypto Accounts Is Nothing New
7.2.2021
The Central Bank of Nigeria said its warning to banks on Friday was not a new position, but a reiteration of its 2017 stance on cryptocurrencies
Central Bank of Nigeria Orders Banks to Close Accounts of Crypto Clients as Remittances via Traditional Corridors Drop by 97%
6.2.2021
The Central Bank of Nigeria (CBN) has circulated a letter directing banks and financial institutions to identify and close accounts of cryptocurrency transacting entities. The directive, which took immediate effect, threatens “severe regulatory sanctions” to financial institutions that...
Binance Suspends Deposits in Nigeria Following Central Bank Directive
5.2.2021
Nigeria's central bank told financial institutions they couldn't provide crypto companies or users with services on Friday
Coinbase outage caused crypto purchase issues, not an intentional ban
5.2.2021
Coinbase posted an in-depth explanation of its Jan. 29 platform difficulties
Bitfinex Repays USD 550m to Tether, Nigerian Ban, Dorsey's Bitcoin Node + More News
5.2.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Bitfinex said that, in January, it repaid the remaining balance of USD 550m of the outstanding revolving loan facility to its sister...
Indian Exchanges Launch Campaign Seeking to Avert Potential Crypto Ban
5.2.2021
The exchanges have set up websites helping supporters email members of parliament
Central Bank of Nigeria bans banks from servicing crypto exchanges
5.2.2021
Nigeria's central bank has prohibited commercial banks from providing account services to crypto exchanges
Indian Crypto Industry Launches Campaign Urging Lawmakers to Dismiss Crypto Ban Bill
5.2.2021
Indian crypto exchanges have pooled their resources together and launched a campaign to gain support from as many parliament members as possible about cryptocurrency regulation. The crypto bill is listed to soon be introduced in parliament. It seeks to prohibit cryptocurrencies while creating...
Following GameStop, South Korea Financial Regulator Extends Ban on Short Sales
5.2.2021
Caving to pressure from retail traders, South Korea's ban on short-selling has been extended through May 2021
India Minister Suggests Modi Government Not Planning Outright Crypto Ban
2.2.2021
A recent bulletin from India's lower house had once more raised fears of an total cryptocurrency ban
Indian Government Clarifies Position on Cryptocurrency and Digital Rupee
2.2.2021
The Indian government has clarified its position on cryptocurrency and the country’s digital currency in answers provided by the Ministry of Finance in Rajya Sabha, the upper house of India’s parliament. The Indian crypto industry sees this clarification as positive news and that...
Indian government looking to crack down on crypto scams with proposed ban: Cashaa CEO
31.1.2021
Kumar Gaurav said "there is no way any government" can outright ban crypto given its nature as a global and decentralized system
India’s Proposed Ban of ‘Private’ Cryptos Has Many of the Nation’s Investors Nervous
30.1.2021
The move is bound to make potential and current crypto investors outside the country uneasy as well