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US congresswoman introduces a new bill to ban illegal stablecoins

Rachida Tlaib, Michigan’s House Representative, alongside congressmen Jesus Garcia and Stephen Lynch, have introduced a new bill in Congress to ban the use of illegal stablecoins. A press release unveiled this news on December 2, noting that this bill seeks to improve protection for US citizens against the risks associated with the rapidly growing crypto market in the US. дальше »

2020-12-5 12:00


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Brutal Blow To Miners: Russia’s New Draft Law Will Ban Crypto Completely And Prohibit Miners From Receiving Rewards

The Finance Ministry of Russia has proposed some amendments that could ban cryptocurrency use in the country. The passing of the new draft bill could be catastrophic for the bitcoin miners in Russia as it aims to prevent them from being rewarded in crypto for the work they put in. Russia Proposes New Law That […] дальше »

2020-9-4 14:38


Why Bitcoin Adoption May Spike if Australia’s Proposed “Cash Ban” Activates

People could be jailed for two years and fined $25,200 just for using more than $10,000 in cash in one transaction under a new bill being considered by the Australian Parliament; if passed, the bill is likely to drive citizens away from traditional financial institutions and towards decentralized cryptocurrencies like Bitcoin. дальше »

2020-1-14 21:00


Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate

Indian crypto exchanges are innovating, launching new products and improving services for their users, despite the country’s regulatory uncertainty and unresolved banking restrictions. Meanwhile, the Indian crypto community continues its efforts to convince the government that the draft bill to ban cryptocurrencies is flawed, calling for positive regulation instead. дальше »

2019-9-4 11:05


India set to lose $12.9 billion worth of market if they proceed to ban crypto

The rumors about the Indian government planning to put a blanket ban on cryptocurrencies finally turned out to be true. The official report along with the draft bill from the interministerial committee tasked at formulating the framework for crypto use was released on July 22, a day before the Supreme Court was scheduled to hear […] The post India set to lose $12. дальше »

2019-8-8 20:00


Journey of India’s crypto ban: 3 meetings. 2 years. 1 flawed draft bill

“You will be out of work soon,” told my perturbed mother on call. I was taken aback for a second as I asked her, “What? What are you saying?” It was July 22, 2019, and the Internet was flooded with the news of “India bans crypto” or “India needs regulations, not ban” and I realized […] The post Journey of India’s crypto ban: 3 meetings. дальше »

2019-8-4 18:30


Фото:

Top expert: Those who ban crypto, send country 40 years in the past!

For several months now, India’s crypto market has been experiencing great difficulties with regulation. Obviously, in support of its centralized instant payment system (Unified Payments Interface, UPI), developed by the National Payment Corporation of India (NPCI), the authorities are preparing a bill to completely prohibit cryptocurrency. дальше »

2019-7-29 20:01