Digital currency derivatives ban now in effect in UK
The ban on sale of digital currency derivatives that was first proposed by the U.K. Financial Conduct Authority is now in effect.
Latest ban News
Pakistan court reins in FIA, central bank over digital currency ban
The Sindh High Court in Pakistan has heard a petition filed in opposition to a nationwide ban on cryptocurrencies, giving fresh insight into the legal position for digital assets in the country.
LocalBitcoins banned in Russia—again
The Russian government has blocked access to LocalBitcoins, claiming the site spreads illegal information to the public.
UK Financial Conduct Authority bans sale of ‘cryptoasset’ derivatives
The move was announced by the U.K. regulator, representing the conclusion of more than a year’s worth of consultation.
FCA bans crypto derivatives sale to retail investors
The Financial Conduct Authority has banned the sale of crypto-derivative products to retail investors in the UK; the ban becomes effective January 6 2021.
India government’s plan to ban digital currency trading moves forward: report
The government of India is bringing in new laws on digital currency, with the effect of banning trading in the country.
Venezuela blocks Coinbase in latest internet censorship
The Venezuelan government has continued its internet censorship, with digital currency exchange Coinbase being the latest casualty.
Russia Ministry of Finance proposes amendments on digital currency ban
The Ministry proposed amendments to the new law which would introduce a “blanket ban on any operations with virtual money.”
Russia watchdog blocks digital currency websites in fresh crackdown
BestChange.ru, an aggregator of Russian over-the-counter (OTC) platform providers, was the first to reveal the new ban.
Russia bans anonymous Bitcoin wallet deposits
The ban has been introduced to prevent the use of digital currency for money laundering, terrorism financing and the drugs trade.
Facebook, Google face $300B lawsuit over digital currency ad ban
The tech giants are facing a possible $300 billion class-action lawsuit over their decision to ban digital currency ads.
Yet another Russian ministry criticizes digital currency ban
The Ministry of Justice is the latest to criticize a digital currency ban proposed by the central bank that would make it illegal for Russians to own Bitcoin.