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Western Union Ban Could Drive Cubans to Bitcoin As Deadline Looms


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...

South Korea To Ban Crypto Exchanges From Handling Privacy Coins


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...

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


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...

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


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...

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


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


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,...

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