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PortuguêsTORN is near a historically strong support range, eyeing a 75% rebound by September 2022. Tornado Cash (TORN) has lost almost half its market valuation two days after being slapped…
Continue ReadingThe government of Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on cryptocurrency mining. The move comes amid a sharp increase in…
Continue ReadingNew legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday. The goal, as stated by the country’s tax authority, is…
Continue ReadingChina’s Tencent Holdings plans to shut down its non-fungible token (NFT) platform Huanhe only a year after its launch. The social media giant has reportedly made the decision because of…
Continue ReadingPresident Vladimir Putin of Russia has signed into law a bill banning payments with digital financial assets. The legislation obliges exchange operators to refuse to process transactions facilitating the use…
Continue ReadingThe lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the restriction, exchange operators have been obliged to reject…
Continue ReadingAccording to the Chinese journalist Colin Wu, otherwise known as “Wu Blockchain,” the cryptocurrency company Huobi may lay off 30% of the firm’s staff due to “a sharp drop in…
Continue ReadingThe recently reintroduced seasonal ban on cryptocurrency mining has provoked backlash from the local crypto community. This week, the country’s power distribution company ordered miners to suspend activities citing electricity…
Continue ReadingTencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been…
Continue ReadingThe document bears several conceptual contradictions, trying to qualify security tokens as a monetary surrogate. A bill that had been introduced a week ago to the State Duma, the lower…
Continue ReadingLegislation making it illegal to pay with cryptocurrencies has been filed with the State Duma, the lower house of Russia’s parliament. The sponsors of the bill want to task crypto…
Continue ReadingEven after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials have confiscated dozens of mining…
Continue ReadingA report from Cambridge exploring bitcoin mining shows the U.S. as the dominant global player and China in second despite the country’s ban last year. New data from Cambridge details…
Continue ReadingAn op-ed article published in the state-backed Chinese publication Economic Daily, has suggested that the recent crash of the Terra blockchain’s LUNA and the de-pegging of the UST stablecoin vindicate…
Continue ReadingA push to prohibit the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejected by the majority of lawmakers. The ban had been suggested by the far-left Red Party…
Continue ReadingA bill banning bitcoin mining, authored by the communist party in Norway, was struck down by a majority vote in the Norwegian parliament. A bill seeking to ban energy intensive…
Continue ReadingThe ban comes just a few days after Argentina’s largest private bank announced it would start offering bitcoin to clients. The central bank of Argentina has banned financial institutions from…
Continue ReadingBitcoiners and politicians come together in Albany, New York to speak out against a proposed ban on proof-of-work mining and to keep industry jobs in the state. “This (Bitcoin) isn’t…
Continue ReadingNew York State moratorium on PoW mining reinvigorates the conversation around crypto industry‘s sustainability. Last week, New York dominated crypto media headlines in very different ways. In New York State,…
Continue ReadingThe “anti-technology” bill could accelerate mining operators’ switch to renewable energy, experts say. On April 26, the State of New York put itself at the forefront of the regulatory struggle…
Continue ReadingIf passed, the suspension of both new licenses and renewal applications will last for two years. The New York state legislature might ban Proof-of-Work (PoW) crypto mining in the state…
Continue ReadingThe central bank of Ukraine has introduced additional restrictions on international transactions that will prevent Ukrainians from buying crypto assets abroad with the national fiat. The measures are intended to…
Continue ReadingThere are a few ways for regulators to limit the usage of noncustodial wallets, but there is no way to ban it completely, SatoshiLabs CFO said. As regulators grow increasingly…
Continue ReadingRussia’s Federal Tax Service proposed a change to the “On Digital Currency” legislation allowing entities to accept bitcoin as payment in foreign trade. The Russian Federal Tax Service has made…
Continue ReadingAuthorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in the South Caucasus is restricting the energy-intensive extraction of digital…
Continue ReadingA high-ranking representative of the Ministry of Finance in Moscow sees no point in banning crypto mining in Russian households as it would be hard to restrict the activity. The…
Continue ReadingChina’s mixed signals regarding its local NFT industry have investors confused about where the local market may be headed. It’s no secret that China has a clear disdain for all…
Continue ReadingSudanese financial regulator considers cryptocurrencies to be the source of “high risks” as the demand grows. The Central Bank of Sudan (CBOS) cautioned the country’s citizens against dealing with “all…
Continue ReadingThe Markets in Crypto Assets (MiCA) regulatory package passed another potential hurdle this week and is moving to the next stage of the EU’s legislative process. Proponents of a controversial…
Continue ReadingRegulators in Thailand have decided to limit the use of cryptocurrencies as a means of payment. The authorities consider the country’s current payment system efficient and insist cryptos would only…
Continue ReadingThe Securities and Exchange Commission of Thailand announced a ban preventing businesses from receiving cryptocurrencies as payment. In accordance with the central Bank of Thailand, the Securities and Exchange Commission…
Continue ReadingSince Dec. 2021, the government of Thailand has been working on preparing a new regulatory framework by defining “red lines” for the crypto industry. In an ongoing effort to carve…
Continue ReadingPrivatbank, the largest commercial bank in Ukraine, has temporarily halted transfers in national currency to digital asset exchanges. The financial institution explained the move with restrictions imposed by the country’s…
Continue ReadingIt appears the root cause of concern is the potential for digital assets to disrupt the rise of India as a global power. On Thursday, the Reserve Bank of India,…
Continue ReadingThe proposal, while shot down, is an example of growing misdirection in regulatory stances. In February 2022 the Markets in Crypto Assets (MiCA) legislation proposed a ban of proof-of-work (PoW)…
Continue ReadingChanges to the EU’s MiCA proposal to regulate crypto markets, suggested shortly before a vote on the package, indicate a bitcoin ban is still a possibility. Despite recently removing wording…
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