Kuwait bans all crypto activities including mining

After the July 19 circular, it is illegal to engage in any cryptocurrency activities in Kuwait. Kuwait has joined Thailand, Indonesia, and Turkey to ban crypto activities. Violators are to face penalties as stipulated in Kuwait’s AML and terrorist financing laws.

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Kuwait Announces ‘Absolute Prohibition’ on Crypto

Kuwait bans crypto trading, mining, and investments in a bid to stamp out money laundering.

The post Kuwait Announces ‘Absolute Prohibition’ on Crypto appeared first on BeInCrypto.

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Kuwait Regulator Bans Crypto Payments, Investment and Mining

The prohibitions are an effort to comply with the FATF's recommendations to prevent money laundering via crypto, the Capital Markets Authority said.

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Kuwait bans crypto and virtual asset transactions

Kuwait’s Capital Markets Authority has officially confirmed the commitment to “absolute prohibition” of virtually all crypto operations in the country.

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Belarus Intends To Put A Ban On P2P Crypto Transactions, Here’s Why

The Belarusian Ministry of Foreign Affairs is formulating legal changes prohibiting peer-to-peer (P2P) cryptocurrency transactions. Related Reading: Thai SEC Tightens Investor Protection, Bans Customer Crypto Fund Usage Recently, the Ministry of Foreign Affairs (MFA) of the Republic of Belarus issued an official announcement detailing the objectives and implications of the new legislation concerning individuals engaged […]

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Asia crypto hubs introduce new bans to lending, staking for retail investors

The Asian crypto hub Singapore and neighboring Thailand have released new directives over the handling of digital assets in two announcements on July 3. Singapore’s six new requirements for crypto businesses The Monetary Authority of Singapore (MAS) issued six new requirements for crypto firms to protect crypto investors.

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Thai SEC bans the use of customer crypto assets for lending and investment

Investor protection regulations have been under discussion since September 2022 amid the crypto lending crisis that saw firms such as BlockFi and Celsius declare bankruptcy.

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OKX Bans Japanese Clients Following Binance's Example, This May Be Reason

OKX crypto trading giant plans to leave Japanese market soon, following Binance

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New York bans CoinEx exchange, seizes $1.7M in crypto assets

CoinEx was shut down for failing to register as a broker-dealer and for "falsely representing itself as a crypto exchange," the NYAG said.

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Bali Bans Bitcoin Payments In Crypto Crackdown Targeting Foreign Tourists

While crypto trading is still legal in Indonesia, local authorities in Bali have warned that international tourists who use cryptocurrencies such as Bitcoin to make payments will be “dealt with firmly”.

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Indonesia’s Bali bans crypto payments for tourists

Foreign tourists visiting Bali, Indonesia cannot use crypto assets like bitcoin or USDT for payment

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Brace for Impact: The Market Could Explode If China Lifts Its Crypto Ban

This comprehensive review delves into China's complex relationship with cryptos, the historical and current bans, and the profound global implications should these restrictions be lifted. The post Brace for Impact: The Market Could Explode If China Lifts Its Crypto Ban appeared first on BeInCrypto.

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Australia’s oldest bank bans payments to Binance

Westpac, Australia’s oldest bank, announced a ban on cryptocurrency transactions to certain exchanges on May 18. The bank said that it is blocking a number of crypto exchanges as part of a trial to “reduce scam losses.

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Paxful bans former CEO days after resuming operations

Paxful, a peer-to-peer (P2P) crypto trading platform, has banned its co-founder and former CEO, Ray Youssef

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Aragon Bans at Least 6 DAO Members During Treasury Discussion, Alleging ‘Coordinated’ Assault

Their banishment from Aragon’s Discord for asking “probing questions” and using “inappropriate language” highlights the disconnect between the censorship-resistant ideals of crypto governance and the reality that insiders hold considerable sway.

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This Week in Crypto: ChatGPT Crypto Limits, U.S. Mining Bans, BTC in El Salvador

This week's news was dominated by news that North Carolina is seeking a temporary halt on mining, as several AI tools reveal limitations. The post This Week in Crypto: ChatGPT Crypto Limits, U.

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CNBC report shows how Chinese Binance customers bypass crypto bans

CNBC has released an investigative piece on Binance citing allegations of allowing its Chinese customers to override the country's cryptocurrency trading ban. 

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CryptoUK calls on regulators to address de-banking of digital asset firms

The trade association said many banks in the U.K. had begun imposing blanket bans on dealing with crypto firms “instead of taking a risk-based and case-by-case approach.”

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IMF Board 'Generally Agreed' Crypto Shouldn't Be Legal Tender

Outright crypto bans aren’t ideal but shouldn’t be ruled out, the International Monetary Fund leadership said

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Over 1,400 Chinese firms operating in blockchain industry, national whitepaper shows

Despite partial crypto bans, the Chinese government has included blockchain technology in official state development policy.

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UK ad regulator bans Crypto.com and Turtle United NFT advertisements

The UK's Advertising Standards Authority (ASA) has ruled against advertisements by Crypto.com and Turtle United for their non-fungible token (NFT) promotions.

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Microsoft bans crypto mining on cloud services

In response to the increasing number of people using cryptocurrencies, Microsoft has quietly banned mining digital coins on its services. Also, its acquisition of Activision Blizzard was blocked earlier, citing unfair competition.

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Microsoft bans cryptocurrency mining on its online services

Microsoft users will require pre-approval from the firm to mine crypto using Microsoft Azure. Microsoft is taking measures to increase the stability of its cloud services. Microsoft introduced the new restrictions as part of its universal license terms of Microsoft Online Services.

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Microsoft Bans Crypto Mining on Its Online Services Without Permission

Customers will require Microsoft's written permission to mine crypto.

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Canadian regulator bans crypto leverage

Crypto exchanges operating in Canada have to comply with new directives after the Canadian Securities Administrators (CSA) said it had updated its approach to the regulation of crypto trading in the country.

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South Korea Exchange Bans Families of Staff From Trading Crypto 

Dunamu, the company that runs Upbit, has extended trading prohibitions to the relatives of its executives and employees. The post South Korea Exchange Bans Families of Staff From Trading Crypto  appeared first on BeInCrypto.

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Ripple-SEC Settlement Possible, SHIB Burn Rate Spikes 1,082%, New York Partially Bans Crypto Mining: Crypto News Digest by U.Today

U.Today’s daily news digest keeps you informed of the most important updates in the crypto industry

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UK bank Starling bans crypto-related purchases and deposits citing high risk

Starling has banned its customers from purchasing cryptocurrencies with their bank cards or receiving transfers from crypto merchants.

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New York Partially Bans Crypto Mining

New York Gov. Kathy Hochul has signed a law that partially restricts cryptocurrency mining

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UK’s financial watchdog wants more support for crypto bans

Calls for crypto ban in the UK gains momentum as Britain Authority (FCA) solicits more support for crypto bans.

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CryptoSlate Wrapped Daily: Phishing attack steals 700 Ethereum; Moldova bans crypto mining

The biggest news in the cryptoverse for October 26 includes the theft of over $1M worth of Ethereum by a phishing attack, Vitalik Buterin’s tweet deeming ZKPs “necessary” for Ethereum and Binance overtaking Huobi in crypto derivatives trading.

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Moldova bans crypto mining amid energy crisis

Moldova has banned crypto mining activities and the importation of its equipment because of the growing energy crisis, EPrimeFeed reported October 26. The post Moldova bans crypto mining amid energy crisis appeared first on CryptoSlate.

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EU Crackdown: European Union Bans Russian Crypto Payments

EU crackdown: The Russian-European battle is still burning. The recent announcement by the European Union to ban Russian crypto payments has added more fuel to the fire. The post EU Crackdown: European Union Bans Russian Crypto Payments appeared first on BeInCrypto.

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EU Bans Provision of Crypto Services to Russia

The European Union has imposed sanctions that forbid European crypto operations from providing virtually any crypto services to Russians. Russia Faces Crypto Ban Russia will lose access to most in...

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EU Slaps Another Sanction on Russia, Barring Citizens’ Use of Crypto in Europe

Russia is under the spotlight again as the European Union (EU) governing council tightens its sanctions on the country. The latest development comes after Russia annexed four regions from Ukraine as part of its territory. EU Bans Russians From Holding…

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Twitch Bans Unlicensed Gambling Streams and Crypto Betting Sites

Streaming platform Twitch will ban gambling streams and crypto betting sites that don’t comply with its revised terms of conduct, including Stake. com, Rollbit. com, Duelbits. com and Roobet. com.

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Thailand's SEC Bans Crypto Firms From Offering Staking and Lending Service

Thailand's Securities and Exchange Commission (SEC) has banned crypto companies from offering staking and lending services, according to a release on Thursday.

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Netflix bans crypto commercials on ad-based streaming service: Report

Desperate to boost revenues, Netflix announced in July that it would be launching a cheaper subscription tier that features commercials.

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Netflix Bans Crypto Ads

Streaming platform Netflix will not allow cryptocurrency advertising on its soon-to-be-launched ad-supported tier

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Last Week [In] Crypto: CFTC Bans Betting Platform From US Election Wagers, Nepal Looks to Launch CBDC

Be[In]Crypto has gathered some of the most important stories in the crypto industry from the past few days, in case you missed them. The post Last Week [In] Crypto: CFTC Bans Betting Platform From US Election Wagers, Nepal Looks to Launch CBDC appeared first on BeInCrypto.

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Mailchimp bans crypto content creators without prior notice

The email marketing service provider temporarily suspended crypto-related accounts due to alleged terms of service violations.

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Minecraft Bans NFTs, Sending One In-Game Builder’s Token Spiraling

Microsoft's Minecraft is banning NFTs, becoming the latest video game to take a stand on the hot button crypto culture wars.

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Crypto Market Forecast: Week of July 18th 2022

A curated weekly summary of forward-focused crypto news that matters. This week, the US Treasury issues a response to President Biden's crypto executive order, Russia bans cryptocurrency payments and BTC rises despite bearish headwinds.

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Gary Gensler clarifies plans for crypto regulations, but will the SEC follow through?

Russia has reportedly implemented a new law that bans crypto payments in the country. This move may rip off the proverbial bandage on the crypto market which has been trying to recover after a major sThe post Gary Gensler clarifies plans for crypto regulations, but will the SEC follow through? appeared first on AMBCrypto.

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Putin Bans Crypto Payments in Russia

Russian President Vladimir Putin has signed a bill into law making crypto payments illegal, reaffirming the ruble as the only accepted monetary unit in the Russian Federation. Domestic Crypto Payments...

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NYC Mayor Adams Opposes Mining Legislation, Calls for ‘Goals Not Bans’

As New York's crypto mining bill aims to limit environmental impact by capping proof-of-work mining, New York City Mayor Eric Adams is set to reportedly ask Governor Kathy Hochul to veto the bill passed by the State Senate earlier.

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Indian Regulators Think Regulating Crypto Is Extremely Difficult, Offer Alternative

India’s regulatory agencies are pulling all the tricks from the playbook in an attempt to regulate cryptocurrencies, but it might not just be enough after imposing bans and introducing taxes. The post Indian Regulators Think Regulating Crypto Is Extremely Difficult, Offer Alternative appeared first on BeInCrypto.

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Argentina Bans Crypto Trading While India Deliberates a 28% GST Tax

While the world seems to be beginning to accept crypto and all that comes with it, some countries are doing their best to stray further away from it; Argentina and… The post Argentina Bans Crypto Trading While India Deliberates a 28% GST Tax appeared first on CoinCentral.

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Crypto Market Forecast: Week of May 9th 2022

A curated weekly summary of forward-focused crypto news that matters. This week, crypto prices dip as New York state bans mining, the Bank of England warns of a recession, and the correlation between crypto and stocks surges to new highs.

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