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Paraguay could soon ban Bitcoin mining over power problems
5.4.2024
Bitcoin mining is an industry that seeks to use a lot of power, or electricity, in a region where mining farms operate. This is manageable for some spaces but not every space. Paraguay, for one, has yet to start reporting power problems and is, therefore, considering banning Bitcoin mining via law....
Paraguay Proposes Bitcoin Mining Ban Citing Power Issues
5.4.2024
14 Paraguayan senators have called for temporary prohibition of creation, and storage of cryptocurrencies, and banning crypto mining farms in the territory.
The post Paraguay Proposes Bitcoin Mining Ban Citing Power Issues appeared first on Cryptonews
Final Fantasy XIV Players Claim Xbox Is Banning Them For Recruiting Teammates
1.4.2024
Final Fantasy XIV is on Xbox now, and the MMORPG’s transition to the system has been rough, to say the least. On top of adding a new currency and requiring users to subscribe to Xbox Game Pass to play, the community is reporting bans on an Xbox system level for using the game’s long-used vernacular...
Telegram Banned in Spain for Not Cooperating in Unauthorized Content Probe
25.3.2024
Telegram, the messaging powerhouse, has been banned in Spain on a case investigating the hosting of unauthorized content owned by media companies in Spain. The Audiencia Nacional (National Court), one of the highest courts in Spain, has authorized this ban until Telegram cooperates by sending...
Binance Faces Regulatory Hurdles as Philippines SEC’s Ban on Binance Takes Effect
25.3.2024
The Philippines SEC's Ban on Binance prohibits local access to the exchange's website and applications. This decision stems from Binance's alleged unlicensed operations and offering of investment opportunities to Filipinos.
The post Binance Faces Regulatory Hurdles as Philippines SEC’s Ban...
Expert Clarifies No EU-Wide Ban on Anonymous Crypto Wallets
25.3.2024
Industry expert Patrick Hansen clarified that the EU’s recent anti-money laundering (AML) law does not specifically target banning anonymous crypto accounts.
The post Expert Clarifies No EU-Wide Ban on Anonymous Crypto Wallets appeared first on Cryptonews
Patrick Hansen Clarifies EU Regulation Misinformation: No Ban on Self-Hosted Wallets
25.3.2024
Erroneous early reporting and discussions on X about the European Union’s approach to cryptocurrency anonymity have been clarified by industry expert Patrick Hansen, stating that the EU’s Anti Money Laundering Regulation (AMLR) targets broader anti-money laundering (AML) and counter-terrorism...
EU Anti-Money Laundering Laws Ban Provision of Services for Anonymous Cryptocurrency Accounts
24.3.2024
A new set of anti-money laundering laws passed by the EU has banned crypto asset service providers from servicing and providing custody to anonymous cryptocurrency accounts. The approved proposal for the “prevention of the use of the financial system for the purposes of money laundering...
OKX Ceases Operations in India, Citing Regulatory Hurdles
21.3.2024
OKX has emailed its users in India to inform them that it will discontinue its services there, urging them to withdraw their funds by the end of April.
The post OKX Ceases Operations in India, Citing Regulatory Hurdles appeared first on Cryptonews
Worldcoin Maintains Legal Operations Worldwide, Despite Spain Ban
19.3.2024
Worldcoin, founded by OpenAI CEO Sam Altman, said it is “lawfully in all of the locations in which it is available” and designed to fully comply with related laws.
The post Worldcoin Maintains Legal Operations Worldwide, Despite Spain Ban appeared first on Cryptonews
Worldcoin Addresses Orb’s Privacy Concerns with Third-Party Audit
15.3.2024
In response to a ban in Spain, Worldcoin undergoes an audit to prove the privacy and security measures of its Orb technology, emphasizing the protection of users' iris codes.
The post Worldcoin Addresses Orb’s Privacy Concerns with Third-Party Audit appeared first on Cryptonews
20 Video Game TikToks That Prove Why The US Shouldn’t Ban It
14.3.2024
If you haven’t heard, the United States House of Representatives is trying to ban the short-form video app TikTok by forcing it find a new owner that isn’t the China-based company ByteDance, lest it be removed from American app stores because it’s an alleged security risk. It’s unlikely that...
A TikTok Ban Would Be A Tragedy For Gaming Communities
13.3.2024
The House of Representatives, historically known for its excellent priorities, passed a bill on March 13 that could ban short-form video app TikTok in the U.S. The app has over 150 million users in America as of last year, and over a billion people use it worldwide. TikTok is used primarily...
Worldcoin Introduces Complaint Against Operations Ban in Spain
10.3.2024
Worldcoin, the biometric iris scanning project, has introduced a complaint against the actions of the AEPD, the personal data protection agency in Spain. Tools For Humanity, the company behind Worldcoin, argues that the agency circumvented the General Data Protection Regulation (GDPR) established...
Nigeria's SEC Updates Guidelines for Crypto Firms in Bid to Stop Criminal Activity: Report
7.3.2024
Nigeria's government has started a fresh crackdown on crypto firms, reportedly blocking access to several, including Binance, Coinbase and Kraken
Multiple Fighting Game Tournaments Ban Competitor After Woman Says He Beat And Raped Her
4.3.2024
Multiple organizations have banned fighting game competitor Andre “OmGiTzAndre” Howard from competing at their events after a fellow community member said he raped and assaulted her. The woman described the abuse last night after her boyfriend spoke about it in a podcast on Tuesday.Read more
China State Media Issues Alert on Crypto Risks Amid Bitcoin Rally
4.3.2024
China’s state-run media has once more cautioned investors against crypto investments as Bitcoin reached a two-year peak on Monday, near the $64,000 mark.
The post China State Media Issues Alert on Crypto Risks Amid Bitcoin Rally appeared first on Cryptonews
South Korea’s Ruling Party Delays Proposal to Ease Crypto Restrictions
29.2.2024
South Korea's ruling People Power Party has indefinitely postponed its plans to ease cryptocurrency regulations, including the lifting of the ban on local spot Bitcoin ETFs.
The post South Korea’s Ruling Party Delays Proposal to Ease Crypto Restrictions appeared first on Cryptonews
Twitter Banned Runescape's Account Because It Thought An 8-Year-Old Created It
28.2.2024
Earlier this week, the official Runescape Twitter/X account got banned. It’s since returned, but the reason behind its temporary ban was that someone at the social media company thought the account was created by an eight-year-old kid, which would be a violation of Twitter’s rules. Read more
Republican Lawmakers Introduce Legislation to Ban a CBDC in the U.S. ... Again
27.2.2024
Another group of Republican lawmakers has introduced legislation to block efforts to introduce a digital dollar