crypto ban News and Articles

Today Russia’s Central Bank issued a report on the crypto industry, trends, risks, and regulations. The regulator announced its plans to enhance regulations on unbanked cryptos and stablecoins. The institution proposes a full crypto ban, including issuance and operations. It also offers to...

Pakistan, a country that has previously not specifically spoken out about its position on cryptocurrency, is now ready to announce a complete ban on its entire territory. That was recently announced by the government of the country. It is worth noting that the State Bank of Pakistan (SBP) has long...

China imposed a ban on all cryptocurrency transactions for financial institutions and payment companies. Banks and online services are prohibited from advertising any transactions that relate to them. It is also forbidden to mine cryptocurrency, but with all this, it is allowed to keep virtual...

The East Java branch of the largest Islamic organization Nahdlatul Ulama (NU), located in Indonesia, expressed its opinion about the cryptocurrency. In NU, relying on Islamic law, they said that digital assets are an unsafe investment and called them "haram", which means...

China announced stricter measures against the crypto industry to detect and prevent any activity on September 24. But regulators didn't stop there. Today, China National Development and Reform Commission included virtual currency mining in the list of eliminated industries to seek public opinion....

Back in May, the Iranian government announced a mining ban until September 2021. The decision was made due to the threat of an energy crisis in the Islamic Republic. Due to the high activity of miners, the load on the power grids has increased dramatically, which has created threats to the power...

Recently, the Supreme Court of India lifted the Reserve Bank’s ban on crypto services by local financial organizations. Internet users took the court decision as a relaxation of pressure on the industry and sharply increased investment in bitcoin. An inflow of capital was recorded by the Paxful...