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Western Union Ban Could Drive Cubans to Bitcoin As Deadline Looms

18.11.2020
Cubans are being pushed yet closer to bitcoin (BTC) and altcoins after the nation’s long-running spat with the United States took yet another conventional remittance casualty. Per earlier reports in November, the Cuban government has closed all 400 Western Union offices in the country after...

Pakistan’s SEC Discusses Cryptocurrency Regulation, Central Bank Confirms No Crypto Ban

15.11.2020
The Securities and Exchange Commission of Pakistan has published a paper discussing cryptocurrency regulation in the country. Meanwhile, the central bank has reportedly confirmed that there is no cryptocurrency ban. Pakistan’s Crypto Regulation in the Works The Securities and Exchange...

South Korea To Ban Crypto Exchanges From Handling Privacy Coins

6.11.2020
South Korea is to ban crypto exchanges from handling digital assets it considers “dark coins”. Regulator Financial Services Commission (FSC) is specifically targeting privacy coins such as dash, monero and zcash. ● The ban is with effect from March 2021. In an update to crypto...

South Korean financial watchdog to ban privacy coins

3.11.2020
Virtual asset service providers in the country will not be allowed to handle “dark coins.”

India's Crypto Ban to 'Get Thrashed', while Unocoin Gains 100s of Users Daily

29.10.2020
Sathvik Vishwanath, Co-founder and CEO of Unocoin, the operator of one of the oldest crypto exchanges in India, does not expect the much-discussed crypto ban to go through in this major market. Meanwhile, the exchange is getting hundreds of new customers per day, he told Cryptonews.com. Head of...

Ban All Ransomware Payments, in Bitcoin or Otherwise

21.10.2020
The U.S. Treasury Department has outlawed certain ransomware payments. If it was serious, it would go further, says our columnist

UK FCA crypto derivatives ban ignored 97% of consultation respondents

14.10.2020
The U.K.’s Financial Conduct Authority is accused of ignoring its own consultation and cherry-picking data

First Mover: Bitcoin’s Best Week Since July Shows Limited Toll of U.K. Retail Crypto Futures Ban

12.10.2020
Bitcoin holds above $11K after biggest weekly gain since July, despite FCA ban on retail crypto futures trading and inventory drawdowns by miners

UK Crypto Derivatives Ban Seen Having Limited Effect on Small Market

12.10.2020
The FCA's ban could prompt some individuals to shift their crypto trading to offshore, unregulated exchanges

Crypto Long & Short: A U.K. Ban on Crypto Derivatives Will Hurt, Not Protect Investors

11.10.2020
The FCA’s retail investor crypto derivatives ban is a misuse of regulatory authority, argues Noelle Acheson. What’s more, its main justification is one of crypto assets’ strongest features

Venture Capitalist Tim Draper Bets Big on Indian Crypto Exchange, Undeterred by Crypto Ban Reports

9.10.2020
American entrepreneur and venture capitalist Tim Draper has invested in Indian cryptocurrency exchange Unocoin despite regulatory uncertainty and reports of a possible crypto ban in India. Unocoin has seen the number of new users grow 10-fold since the supreme court quashed the banking restriction...

Investors Keep Ignoring Indian Crypto Ban Rumors As Tim Draper Backs Unocoin

8.10.2020
Despite rumors about a possible crypto ban in India are still circling in the market, some investors bet with their money that the local crypto industry will grow. One of the oldest crypto exchanges in India, Unocoin, said that it "is close to finalizing" its Series A funding round, which...

97% of People Consulted by UK Financial Regulator Opposed Crypto Derivatives Ban

8.10.2020
The Financial Conduct Authority (FCA) ban on crypto derivatives sales to retail investors has set tongues wagging. It is no mystery. After a consultation process that closed Oct. 3, 2019, with 97% of participants opposed to the prohibition, the U.K. financial regulator still proceeded to issue...

UK Bans Sale of Crypto Derivatives to Retail Investors, Says Move to Save $69 Million in Losses

7.10.2020
The U.K.’s Financial Conduct Authority (FCA) has banned the sale of cryptocurrency derivatives products to retail investors in a move that it says will save the targeted customers £53 million ($68.9 million) in losses each year. The ban comes into effect on January 6, 2021. In...

UK FCA derivatives ban signals disapproval of crypto as a whole, CoinShares exec says

6.10.2020
The FCA covered everything it could with the ban, CoinShares' Townsend Lansing says

New Crypto Ban, New Index, Litecoin's MimbleWimble Testnet + More News

6.10.2020
Source: Adobe/ I-Wei Huang Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news In the UK, the Financial Conduct Authority (FCA) banned the sale of derivatives and exchange-traded...

Abkhazia Lifts Two-Year Ban on Bitcoin Mining, Moves to Regulate the Sector

3.10.2020
Abkhazia, the self-governing but disputed territory of just 245,000 people sandwiched between Russia and Georgia, has lifted its two-year ban on cryptocurrency mining. The ban came into effect in December 2018 after a surge in mining activity left the region facing an energy crisis. Now,...