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Category: Bans
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Russia May ‘Nationalize’ Foreign Assets in Response to Western Sanctions, Medvedev Says
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Chinese Tech Capital Shenzhen Issues Warning Against Crypto Activities
The Leading Group for Remediation of Internet Finance Risks of the Chinese technology capital of Shenzhen warned against illegal cryptocurrency-related activities
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Mercado Livre Bans Cryptocurrency Listings Following $750 Million Investment From Paypal
Cryptocurrency listings have been prohibited from publication on Mercado Livre, also known as Free Market, following a $750 million investment into the platform from Paypal. Just prior to the announcement, more than 10,000 listings relating to virtual currencies were identified on the platform. Also Read: Why Africa Continues to Lag Behind in Cryptocurrency Adoption Latin […]
The post Mercado Livre Bans Cryptocurrency Listings Following $750 Million Investment From Paypal appeared first on Bitcoin News.
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Google Bans Cryptocurrency Mining Apps From Play Store
In the Google’s latest move against virtual currencies, cryptocurrency mining apps have been banned from the Google Play Store. Despite the ban, Google has indicated that it will continue to permit mining apps that mine for cryptocurrency from outside of a device, such as cloud-based mining. Also Read: Exchanges Round-Up: CME Volume Doubles Q2, Lawyer Predicts […]
The post Google Bans Cryptocurrency Mining Apps From Play Store appeared first on Bitcoin News.
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Australian Bank Bans Use of Mortgage Funds for Crypto Speculation
One of Australia’s oldest financial institutions, Bank of Queensland, has prohibited the use of home equity loans for virtual currency speculation. The move has been attributed to concerns pertaining to the growing regulatory oversight of the cryptocurrency sector in Australia. Also Read: Tether Announces Appointment of New Chief Compliance Officer Bank of Queensland Cracks Down on […]
The post Australian Bank Bans Use of Mortgage Funds for Crypto Speculation appeared first on Bitcoin News.
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P2P Trade Spikes in Canada Amid Bank Restrictions on Crypto Transactions
The volume of P2P bitcoin trade in Canadian dollars has increased significantly since leading banks in the country imposed bans on crypto-related transactions. Toronto-Dominion Bank, the Royal Bank of Canada, and more recently the Bank of Montreal have limited or prohibited the use of their services and products to acquire cryptocurrencies. As a result, the […]
The post P2P Trade Spikes in Canada Amid Bank Restrictions on Crypto Transactions appeared first on Bitcoin News.
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More Communities Join the Legal Action against Crypto Ads Ban
Cryptocurrency associations and businesses from Switzerland, Kazakhstan and Armenia have joined the initiative to sue Internet corporations over restrictions on crypto-related advertisements. The class action lawsuit will be filed in New York. Legal costs will be covered with funds raised through donations to a wallet registered in Estonia. Also read: Twitter Confirms Restrictions on ICOs […]
The post More Communities Join the Legal Action against Crypto Ads Ban appeared first on Bitcoin News.
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Danske Bank Bans Investments in Cryptocurrency-Related Instruments
Leading Danish bank, Danske Bank, has published a document announcing that the company does not wish to “support the investment environment surrounding cryptocurrencies.” Danske bank will “phase out the possibility of” its customers purchasing financial instruments comprising cryptocurrency derivatives. Despite the bank’s concerns pertaining to the risks associated with cryptocurrencies, Danske customers will still be […]
The post Danske Bank Bans Investments in Cryptocurrency-Related Instruments appeared first on Bitcoin News.
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Companies Outsource Marketing to India Amid Ban on Crypto Ads
The outsourcing of advertising is becoming a promising opportunity for many marketing firms in India. Restrictions on crypto ads, imposed by giants like Facebook and Google, are forcing crypto businesses to seek alternative ways to reach customers and investors. The high cost of these services globally is pushing more companies towards the Indian market. Also […]
The post Companies Outsource Marketing to India Amid Ban on Crypto Ads appeared first on Bitcoin News.
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