Category: Crypto Ban

Hong Kong regulators set to ban retail Bitcoin trading

May 21, 2021

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Only millionaires will be allowed to trade Bitcoin and cryptocurrencies in Hong Kong if the FSTB proposal is passed by the city’s legislature. 29286 Total views 87 Total shares Hong Kong regulators have moved to ban retail trading in Hong Kong after months of intense speculation about a likely prohibition. According to a report by […]

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Nigeria’s SEC says central bank’s crypto ban disrupted the market

April 16, 2021

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The Securities and Exchange Commission of Nigeria says it is working with the central bank to create a legal framework for cryptos and digital assets. 7715 Total views 29 Total shares Lamido Yuguda, the director-general of Nigeria’s Securities and Exchange Commission has said the central bank’s crypto ban has caused significant disruptions to the market. […]

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No crypto ban in India: Finance Minister predicts “very calibrated” stance

March 6, 2021

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No blanket ban on the horizon, with an open “window” for experimentation in India says Nirmala Sitharaman 2187 Total views 21 Total shares Yet another “crypto ban” turns out to be temporary FUD. In an interview with CNBC this morning, Indian Finance Minister Nirmala Sitharaman said that reports of a blanket ban on cryptocurrencies are […]

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Bitcoin has made the Naira almost useless, says Nigerian Senator

February 11, 2021

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A cross-section of Nigerian senators have reacted to the recent Bitcoin ban enacted by the country’s central bank. 5952 Total views 32 Total shares As previously reported by Cointelegraph, the Central Bank of Nigeria issued a circular banning banks from servicing crypto exchanges. Reacting to the news during the Thursday plenary session, Senator Sani Musa […]

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Binance Suspends Deposits in Nigeria Following Central Bank Directive

February 5, 2021

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Nigeria’s central bank told financial institutions they couldn’t provide crypto companies or users with services on Friday. Feb 5, 2021 at 10:08 p.m. UTC Binance Suspends Deposits in Nigeria Following Central Bank Directive Binance has temporarily suspended deposits in Nigerian naira – the country’s local fiat currency – in response to a Friday letter from […]

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Bolivia Essentially Banned Crypto but Blockchain Advocates Are Pushing Back

December 4, 2020

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Dec 4, 2020 at 2:30 p.m. UTC Bolivia Essentially Banned Crypto but Blockchain Advocates Are Pushing Back Earlier this year, Bolivian blockchain engineer Mario Blacutt – previously known in crypto circles only as “Berzeck” –finally felt safe enough to reveal his name and come out as the creator of a new blockchain network.  Blacutt let […]

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