Nepal orders internet providers to block BTC-related websites
Nepal’s crackdown on digital assets is intensifying, with ISPs now being ordered to block all BTC-related content as “transactions are increasing.”
Latest ban News
Reserve Bank of India Gov: Digital currencies are akin to gambling and should be banned
Shaktikanta Das, head of the Reserve Bank of India, says that the best way to regulate the industry is to introduce gambling legislation to control digital assets.
BIS recommends ban, contain or regulate approach to digital assets
In light of the FTX fallout, the Bank for International Settlements published a report on January 12 addressing the risks the digital asset industry poses and laying out the three possible roads forward.
New York Attorney General seeks to ban retirement funds from investing in digital assets
NYAG Letitia James also requests the scrapping of two Acts currently on the table, namely: the Retirement Savings Modernization Act and the Financial Freedom Act of 2022.
EU bans all digital asset transactions to Russia
Digital asset transactions from Europe to Russia had been capped at $9,900, but the European Union says there was still some level of activity, necessitating the total ban.
Thai SEC plots ban on digital currency deposit and lending services
Details of the ban include the prohibition of "digital asset business operators" from taking deposits of digital assets with a promise of returns.
India awaits global recommendation to ban non-custodial wallets: report
The finance ministry and the Reserve Bank of India are reportedly in agreement that banning non-custodial digital asset wallets without international coordination will be an effort in futility.
South Korea: ICO ban likely to be lifted as Bank of Korea eyes EU’s MiCA
The central bank stated its intention in a paper it published reviewing the EU's Markets in Crypto Assets Act (MiCA), saying that South Korea's ICO ban has not been effective so far.
Philippines: Policy think tank Infrawatch PH requests SEC to ban Binance immediately
The group stated specific actions it wants the SEC to take against Binance, which include issuing cease and desist order to stop all operations of the exchange, its affiliates, and partners.
Morocco is scrapping its ban on digital currency as adoption soars
Morocco banned digital assets back in 2017, but the locals have continued to explore Bitcoin, and today, only Nigeria, South Africa, and Kenya have more owners.
KuCoin exchange banned in Canada over regulatory violations
The Ontario securities watchdog also slapped a $1.9 million fine on Bybit, claiming that the two operated unregistered digital asset trading platforms in the province.
WeChat bans NFT and digital asset-related accounts—again
WeChat has announced a ban on accounts related to Bitcoin and NFTs for the second time in three months, even as NFT platforms in China have grown fivefold since February.