Indian parliament delays digital currency bill yet again
The Lok Sabha left out a bill that could have imposed a blanket ban on “private cryptocurrencies” for its winter session, which closes on December 23.
Latest ban News
BTC mining contract ruled to be invalid as Chinese court rejects compensation claims
Aside from ruling that the contract was invalid as mining is illegal in the country, the court also turned over all records in the case to national authorities so they could shut down the mining operation.
Bank of Russia bans mutual funds from investing in digital currencies
The Russian central bank had previously suggested that mutual funds should stay away from digital currencies, but has now made it an official prohibition.
Facebook reverses digital currency ad ban following metaverse, NFT push
Facebook has retracted its longstanding ban on ads related to digital currencies, NFTs and more, saying it wants to “make it easier” for companies to apply to run digital currency ads.
South Africa proposes ban on digital currencies for pensions
The new proposed regulation seeks to ban pension funds from buying and holding digital assets, which are defined in the draft legislation as "crypto-assets."
China’s top economic planner calls for public feedback on mining ban
The top state planning agency in China is seeking public opinion on block reward mining, a month after it listed the sector among the industries with dwindling contributions to the economy.
The CoinGeek Pulse Episode 63: China’s blanket crypto ban, Virgil Griffith pleads guilty to conspiracy charges, and blockchain pioneers join CoinGeek NY
China's crackdown on cryptocurrency intensifies with a blanket ban on all digital currency transactions and mining.
How can BSV still flourish in China under new restrictions?
The BSV industry in China needs to build applications aimed at enterprise-tier data users, rather than creating tradeable tokens and payment services, according to BSVdata.com creator Fueng Li.
What has happened in China since the latest ‘Bitcoin bans’?
The latest "Chinese Bitcoin ban" consisted of a statement from the central bank, followed by supportive edicts from several other departments, plus financial and technology industry representatives.
Bitcoin BSV will survive all government bans and regulation—here’s why
With its infinite scalability, a strong commitment to law and order, and willingness to work with governments to ensure that laws are upheld, BSV will survive and even thrive in the onslaught that’s to come.
BlockFi ban on new interest accounts in New Jersey extended yet again
New Jersey regulators have extended the ban on BlockFi’s new interest accounts for the third time, this time to December 1, even as lending purge continues.
China bans Bitcoin—even more this time
China's digital asset industry, which was once one of the world's largest, has been largely sidelined over the years as restrictions became more severe. Much of the local activity has already moved overseas or stopped completely.