crypto crackdown – DIGIT INFO

China tightens crypto trade oversight with new Forex rules

DIGIT — Wed, 01 Jan 2025 08:59:35 +0000

China’s new forex rules require Chinese banks to track identity, fund sources, and trading frequencies to curb cross-border crypto activities.

Go to Source

Dubai’s crypto regulator cracks down on unlicensed firms

DIGIT — Thu, 10 Oct 2024 13:07:35 +0000

Dubai’s Virtual Assets Regulatory Authority has issued fines ranging from $13,600 to $27,200 to seven entities operating without a license or breaching marketing regulations.

Go to Source

Kamala Harris may continue the Biden administration’s crypto crackdown

DIGIT — Tue, 13 Aug 2024 14:46:25 +0000

Harris is preparing to unveil plans about her economic policy in a mid-August speech.

Go to Source

Nigerian police arrest crypto star in fraud crackdown

DIGIT — Wed, 17 Jul 2024 09:17:12 +0000

As investigations proceed, the outcome of this case could set significant precedents for how cryptocurrency-related crimes are handled in Nigeria.

Go to Source

US crackdown will push crypto’s ‘center of gravity’ to Hong Kong: Kaiko CEO

DIGIT — Sun, 02 Apr 2023 02:31:01 +0000

Kaiko CEO Ambre Soubiran said that Hong Kong’s friendly approach may just see the city become the “center of gravity” for crypto trading and investments.

Go to Source

Miami Mayor: China’s Crypto Crackdown ‘Creates Incredible Opportunity for America’ in Bitcoin Mining

DIGIT — Wed, 29 Sep 2021 23:30:42 +0000

The mayor of Miami, Florida, sees China’s cryptocurrency crackdown as “the turning point” that “creates an incredible opportunity for America.” He said: “Their loss is our gain and America can and will lead the future by providing a clean power home for bitcoin miners and all who are building on/with/for bitcoin.” Miami Mayor Sees US […]

Go to Source

Major Crypto Exchanges Cut Ties With Chinese Users After China’s Latest Crackdown on Cryptocurrency

DIGIT — Mon, 27 Sep 2021 18:30:27 +0000

Major cryptocurrency exchanges are cutting ties with users in China following the latest crypto crackdown announcement by the Chinese government. Huobi has stopped letting new users in China sign up for its services while Binance has blocked account registrations using Chinese mobile phone numbers. Major Crypto Exchanges Stop Signing Up Chinese Users Following China’s latest […]

Go to Source

BlockFI ordered to stop onboarding New Jersey-based customers

DIGIT — Tue, 20 Jul 2021 05:45:20 +0000

BlockFi CEO Zack Prince rejects the New Jersey securities regulator’s claim that his firm has been offering unlicensed securities to the public.

Go to Source

UBS Advises ‘Stay Clear’ of Cryptocurrencies — Warns ‘Regulators Will Crack Down on Crypto’

DIGIT — Tue, 06 Jul 2021 01:00:04 +0000

Switzerland’s largest bank, UBS, has advised investors to “stay clear” of cryptocurrencies and “build their portfolio around less risky assets.” The UBS analysts warned that “Regulators have demonstrated they can and will crack down on crypto.” UBS’ Crypto Advice and Warning The global wealth management team at UBS warned in a note published last week […]

Go to Source