One week later: X’s future in Brazil on the line as Supreme Court reviews ban
With Lula supporting Moraes and the Bar Association challenging the decision, Brazil’s Supreme Court must decide X’s fate amid free speech concerns. Go to Source
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Brazilian Supreme Court Bans X, Imposes Fines for VPN Circumvention
The Brazilian Supreme Court ordered a nationwide ban on X after a prior order mandating the social platform to assign a local representative was ignored. Brazilians began to lose access to the site on Saturday, as the Supreme Court prohibited citizens from using virtual private network (VPN) software to circumvent the blockage, establishing fines of … Read more
Iran is giving $24 to anyone who dobs in illegal crypto miners
The boss of Iran’s state-run electricity company said some had exploited subsidized electricity to run crypto mining operations, straining the power grid. Go to Source
Venezuela blocks Binance, X amid presidential election dispute
Binance has assured its users that their funds are safe after Venezuela cut off access to the exchange and social media platform X. Go to Source
North Carolina’s CBDC ban bill heads to governor’s desk
North Carolina Governor Roy Cooper will now either sign or veto the law that bars the state’s government from accepting a Federal Reserve CBDC, potentially joining Louisiana. Go to Source
Bybit opens registration to Chinese nationals overseas
Data suggested that more than ten million Chinese nationals lived outside the country, giving Bybit access to a larger pool of crypto users. Go to Source
Telegram Banned in Spain for Not Cooperating in Unauthorized Content Probe
Telegram, the messaging powerhouse, has been banned in Spain on a case investigating the hosting of unauthorized content owned by media companies in Spain. The Audiencia Nacional (National Court), one of the highest courts in Spain, has authorized this ban until Telegram cooperates by sending the required info to the court. Audiencia Nacional Bans Telegram … Read more
Singapore’s central bank slugs Three Arrows founders with 9-year ban
Three Arrows Capital founders Kyle Davies and Zhu Su are barred from regulated activities or acting as top execs at any financial firm in Singapore. Go to Source
CBN missed opportunity for blockchain regulation in 2021 – Convexity CEO
Mr. Owonibi stated that a blockchain regulation strategy should have been created by the Central Bank of Nigeria (CBN) in 2021 instead of cutting ties between cryptocurrency exchange firms and local banks. Go to Source
Apple’s 30% tax rules will stay for now, crypto and NFTs may have to wait
A Supreme Court judge has rejected a request from Epic Games that would’ve immediately loosened Apple’s App Store payment rules, to the potential benefit of crypto and NFT apps. Go to Source
