Ban Cryptocurrencies

Indian Government May Regulate Crypto as Asset Class: Report

<div class=”featured_image_container”> </div> <strong>India may be regulating crypto as an asset class under the purview of the Securities and Exchange Board of India (SEBI). In addition, a crypto bill is likely to be introduced during the Monsoon session of parliament, local media reported.</strong> Indian Government Reportedly Considers Regulating Crypto as an Asset Class The Indian …

Indian Government May Regulate Crypto as Asset Class: Report Read More »

Quantum Fund Cofounder Jim Rogers Insists Governments Could Ban Cryptocurrencies

<div class=”featured_image_container”> </div> <strong>Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, is still worried about governments outlawing bitcoin and other cryptocurrencies. “If cryptocurrencies become successful, most governments will outlaw them, because they don’t want to lose their monopoly,” he said.</strong> Jim Rogers Still Worried About Government Banning Bitcoin Renowned …

Quantum Fund Cofounder Jim Rogers Insists Governments Could Ban Cryptocurrencies Read More »

SEC Commissioner on Banning Bitcoin: ‘It’s Very Difficult to Ban Peer-to-Peer Technology’

<div class=”featured_image_container”> </div> <strong>SEC Commissioner Hester Peirce believes that the U.S. government cannot ban bitcoin, stating that “it’s very difficult to ban something that’s essentially a peer-to-peer technology.” The commissioner is hopeful that with the new chairman who has deep knowledge of bitcoin and cryptocurrencies, the SEC can take a fresh look at some of …

SEC Commissioner on Banning Bitcoin: ‘It’s Very Difficult to Ban Peer-to-Peer Technology’ Read More »

Indian Official Provides Updates on Crypto Bill and Transition Period for Crypto Holders: Report

<div class=”featured_image_container”> </div> <strong>As the Indian government gets closer to moving forward with the cryptocurrency bill, an official from the Ministry of Finance reportedly explained what discussions the government has been having regarding the crypto bill and the impending legislation.</strong> Indian Crypto Bill’s Progress Update The Indian government is getting closer to introducing the cryptocurrency …

Indian Official Provides Updates on Crypto Bill and Transition Period for Crypto Holders: Report Read More »

Central Bank of Nigeria Orders Banks to Close Accounts of Crypto Clients

<div class=”featured_image_container”> </div> <strong>The Central Bank of Nigeria (CBN) has circulated a letter directing banks and financial institutions to identify and close accounts of cryptocurrency transacting entities. The directive, which took immediate effect, threatens “severe regulatory sanctions” to financial institutions that fail to comply.</strong> Banks Taking Immediate Action Immediately following the letter’s publication, some banks …

Central Bank of Nigeria Orders Banks to Close Accounts of Crypto Clients Read More »

Indian Crypto Industry Launches Campaign Urging Lawmakers to Dismiss Crypto Ban Bill

<div class=”featured_image_container”> </div> <strong>Indian crypto exchanges have pooled their resources together and launched a campaign to gain support from as many parliament members as possible about cryptocurrency regulation. The crypto bill is listed to soon be introduced in parliament. It seeks to prohibit</strong><strong> cryptocurrencies while creating a framework for the digital rupee to be issued …

Indian Crypto Industry Launches Campaign Urging Lawmakers to Dismiss Crypto Ban Bill Read More »