ban | Crypto Profit Bot

Go green or go home? What the NY State mining moratorium could mean for crypto industry

May 1, 2022

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On April 26, the State of New York put itself at the forefront of the regulatory struggle with crypto, as its Assembly voted for a two-year moratorium on crypto mining operations that use energy generated by fossil-fuel power plants. Depending on how one looks at it, this development could either signal a new alarming legislative […]

RBI seemingly wants to ban cryptocurrencies, but not for the reasons you might think

March 17, 2022

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It appears the root cause of concern is the potential for digital assets to disrupt the rise of India as a global power. 1556 Total views 23 Total shares On Thursday, the Reserve Bank of India, or RBI, the country’s central bank, published a critical bulletin regarding the cryptocurrency industry. While the report praised the […]

Former ENS director of operations may remain at foundation after voting against his own removal

March 3, 2022

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Many members of the Ethereum Name Service’s decentralized autonomous organization have voted in favor of allowing recently removed director of operations Brantly Millegan to stay on as the ENS Foundation director. According to a tally of roughly 2.4 million ENS DAO users recorded as of Thursday, more than one million are against removing Millegan as […]

How are Afghans using crypto under the Taliban government?

February 22, 2022

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After the Taliban took full control of Afghanistan in August last year, many international non-governmental organizations and services stopped operating in the country. Among them were payment services like Western Union and Swift. Many Afghans subsequently began to learn about cryptocurrencies and the underlying blockchain technology to — at the very least — receive remittances […]

India’s finance minister waiting for consultations to decide whether to ban or regulate crypto

February 11, 2022

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The country’s finance minister admitted to not having enough information to make a fateful call. 542 Total views 38 Total shares Yet another statement by a top Indian official suggests that regulatory uncertainty around the status of digital assets in the country will persist in the near term. Responding to the general discussion of the […]

Central bank overkill: Russia’s proposed crypto ban and why everyone’s against it

January 27, 2022

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On Jan. 20, the Central Bank of Russia (CBR) issued a report summarizing its position on digital assets and proposing a ban on any crypto trading and mining operations in the country. Although the CBR’s strict position on the matter was never a secret, such a bold statement triggered waves of fear, uncertainty, and doubt […]

Law Decoded: When central banks seek public discussion, Jan. 17–24

January 24, 2022

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As the Federal reserve releases its position paper on CBDCs, the Russian Central Bank instigates yet another crypto ban scare. 345 Total views 9 Total shares Last week, two central banks dropped public reports that can have a sizable impact on the crypto landscape in their respective countries and beyond. The U.S. Federal Reserve published […]

Industry experts reveal a possible method for Bank of Russia to block crypto

December 24, 2021

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Bank of Russia’s crypto restrictions through MCC would unlikely affect exchanges that have been operating illegally so far. 4834 Total views 46 Total shares Amid the ongoing uncertainty about the future of cryptocurrencies in Russia, one local industry executive has disclosed a potential method for the Bank of Russia to block crypto transactions. Andrey Mikhaylishin, […]

Crypto prices in India tumble after crypto bill announced

November 24, 2021

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Regulatory discussions in India around a crypto ban caused panic selling on major crypto exchange WazirX, resulting in a massive price drop for leading cryptocurrencies, including Bitcoin (BTC) and Ether (ETH). Crypto prices in India crashed soon after parliament announced to introduce and list 26 new bills in the Winter Session, which included the Cryptocurrency […]

YouTube deletes and restores Bitcoin bull Anthony Pompliano’s channel

October 11, 2021

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According to Pomp, he had not violated YouTube’s community guidelines and his most recent video didn’t have any questionable content. 10748 Total views 65 Total shares Video sharing platform YouTube removed the 251,000-subscriber channel of Anthony Pompliano, co-founder of Morgan Creek Digital and host of The Pomp Podcast, before later restoring it. In a Monday […]

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