Kazakhstan is prohibiting access to Coinbase due to violations of digital asset laws, citing specific provisions prohibiting unsecured assets and exchanges lacking required permits.
The Biden administration has announced new rules that will choke off China from Nvidia’s made-for-China A800 and H800 chips as the AI arms race heats up.
Canada banned stablecoins from exchanges in February unless they obtain prior exemption, but now permits them if they are transparent and provably fully backed.
Thailand's Ministry of Digital Economy and Society aims to ban Facebook due to digital currency scams highlighting signs of fake investment schemes—over 200,000 victims and millions in losses prompt legal action.
Bendigo Bank admitted that the ban would also affect genuine payments, but it’s a risk it must take following similar moves by three of the Big Four Aussie banks.
The digital currency transaction ban is the government’s latest attempt to crack down on money laundering rings operating in Kuwait.
The new rules include a requirement for digital currency exchanges and brokers in Thailand to include warnings on the danger of investing in digital currencies to customers.
Banning digital assets may not be the best way of mitigating the associated risks, said the IMF, a few months after suggesting such an approach might be an option.
The Commonwealth Bank of Australia announced that it’s blocking ‘certain’ payments to some exchanges to curb scams but didn’t reveal the affected exchanges.
The public consultation will run until July 26, with academic and industry players as well as policymakers, establishing ideas on artificial intelligence (AI) regulation in Australia.
Lifting the ban will lend credibility to Indian players in the digital currency space and reduce the hurdles for retail investors to trade on digital currency exchanges.