Crypto Exchanges Binance and Kuna Suspend Card Transactions in Ukrainian Hryvnia

Crypto Exchanges Binance and Kuna Suspend Card Transactions in Ukrainian HryvniaMajor cryptocurrency exchanges operating in Ukraine have temporarily suspended operations with hryvnia bank cards. The measure stems from restrictions imposed by the country’s central bank, Binance and Kuna indicated in comments for crypto media. Ukrainians Unable to Trade Crypto Assets Using Cards in National Currency The world’s largest crypto exchange, Binance, and a leading Ukrainian […]

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National Bank of Kazakhstan to Integrate Digital Tenge With BNB Chain, Binance CEO Unveils

National Bank of Kazakhstan to Integrate Digital Tenge With BNB Chain, Binance CEO UnveilsThe central bank of Kazakhstan intends to use Binance’s blockchain platform Bnb Chain for the deployment of its upcoming digital currency. The decision was made public on social media by Changpeng Zhao, the chief executive of the global crypto exchange which was recently licensed to work in the country. Kazakhstan to Employ Binance Blockchain Infrastructure […]

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Bank of Kyrgyzstan Issues Warning About Cryptocurrencies, Crypto Payments

Bank of Kyrgyzstan Issues Warning About Cryptocurrencies, Crypto PaymentsAmid the growing popularity of cryptocurrencies in Kyrgyzstan, the country’s central bank has reminded citizens about the risks associated with the digital assets. The monetary authority also warned that crypto payments are illegal in the Kyrgyz Republic. National Bank of Kyrgyzstan Urges Caution With Cryptocurrency Cryptocurrencies and other virtual assets are increasingly spreading in Kyrgyzstan, […]

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National Bank of Ukraine Temporarily Bans Cross-Border Crypto Purchases With Hryvnia

National Bank of Ukraine Temporarily Bans Cross-Border Crypto Purchases With HryvniaThe 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 reduce capital outflow amid an ongoing military conflict with Russia. Ukraine Citizens Not Allowed to Buy Crypto Abroad From Local Currency Accounts The National Bank […]

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National Bank of Georgia to Regulate Country’s Crypto Sector

National Bank of Georgia to Regulate Country’s Crypto SectorThe National Bank of Georgia is taking steps to regulate the crypto market in the Southern Caucasus country, its governor revealed in a recent interview. While companies in the industry are to expect a licensing regime, financial institutions have already been banned from providing crypto-related services. Central Bank of Georgia to Propose Cryptocurrency Regulations Georgia’s […]

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Ukraine’s Financial Stability Council Supports Crypto Regulatory Concept

Ukraine’s Financial Stability Council Supports Crypto Regulatory ConceptUkraine has taken a positive step towards legalizing cryptocurrencies. A new regulatory concept, one that recognizes coins and tokens as financial instruments, has won support from the members of the country’s Financial Stability Council. The body includes representatives of the National Bank, the Finance Ministry and other government agencies. Also read: Minsk Mulls Rules for […]

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Kazakhstan Is on the Brink of Banning Bitcoin, National Bank Chairman Claims

TheMerkle Kazakhstan Cryptocurrency Blockchain AssociationIn the world of cryptocurrency, regulation will always remain a contentious topic. To a lot of people, regulating this industry serves no purpose other than to prevent innovation from happening. Others see it as a way to pave a more legitimate ecosystem. In Kazakhstan, it appears the country’s national bank wants to ensure that all cryptocurrency activity is forbidden in the future. Kazakhstan National Bank Refutes Bitcoin Anyone who has paid close attention to the various countries trying to regulate Bitcoin and altcoins may have noticed that a negative attitude still reigns supreme. For some reason, a lot of officials have not taken

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Kazakhstan Preparing to Prohibit Crypto Trading and Mining, Says Central Bank

Kazakhstan Preparing to Prohibit Crypto Trading and Mining, Says Central BankThe chairman of the central bank of Kazakhstan said that the bank has prepared legislation to prohibit the sale and purchase of cryptocurrencies in the country as well as any kind of crypto mining, citing several risks he sees. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies National Bank’s Crackdown on Crypto […]

The post Kazakhstan Preparing to Prohibit Crypto Trading and Mining, Says Central Bank appeared first on Bitcoin News.

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