the People’s Bank of China (PBoC) has issued yet another notice to remind everyone in the country against investing in cryptocurrencies and initial coin offerings (ICOs) amid reports that domestic crypto activities have been flourishing recently.
Shanghai-based startup InVault found a way around the regulatory bottleneck and will be offering its custodial services to Asian-based crypto exchanges.
Crypto events were banned in Beijing’s Chaoyang district earlier in the month. According to local press, this ban has now been extended to Guangzhou’s Development District, moving beyond Beijing for the first time.
Chinese search giant Baidu has joined the growing list of large companies in China that have been banning cryptocurrency-related content.
The Central Bank of Iran (CBI) will likely lift a ban on cryptocurrency trading by the country's commercial banks and exchanges in September, according to reports.
The State Securities Commission of Vietnam has announced a ban on ‘cryptocurrency activity’ for companies operating under its watch.
Reserve Bank of India (RBI) has finally spoken up about its recent decisions regarding cryptocurrencies, which has garnered global attention after a number of local companies challenged them in court.
Effective June 26, “ads that promote cryptocurrency and related content from pre-approved advertisers” will be allowed on Facebook, although primary options and ICOs are still banned from the site.
Members of South Korea’s National Assembly have made the official recommendation that the laws banning initial coin offerings should be lifted.
Bing, a Microsoft powered search engine, announced its intention to ban cryptocurrency-related advertisements on its platform by July.
Although the State Bank of Pakistan has banned commercial banks, financial firms and traders from operating in cryptocurrencies, some are finding ways and means of circumventing this ban.