CRYPTO BAN
Bitmain Faces Record Fine as China Tightens Scrutiny on "Greenwashing" Bitcoin Mining
Bitmain faces a $3.7 million fine in China for greenwashing claims in Bitcoin mining, signaling heightened scrutiny and stricter regulations on environmental compliance.
Argentina Halts Crypto Operations Undertaken by Financial Institutions
Days after Argentina’s largest private bank Banco Galicia opened crypto trading services, the nation’s central bank cracked the whip by banning financial institutions from carrying out crypto transactions.
Russian Finance Ministry Believes Crypto Should be Regulated not Banned
The Ministry of Finance in Russia believes that the ban on crypto-assets should be shelved. Proper regulations would provide both transparency and protection to citizens.
Indian Government Affirms to Regulate Digital Currencies instead of Banning
Affirming the prior speculations on the concerted efforts of the Indian parliament and government to regulate the developing world of cryptocurrencies.
India Consults Stakeholders Related to Cryptocurrency Ban
The Indian government is exploring an alternative approach to handling digital currencies, rather than a blanket ban.
China's Hainan Province Cautions Citizens Against Illegal Crypto Trading
China's Hainan Province has banned illegal crypto offerings, upholding the country's early ban on digital currency-related activities.
Number of Ethereum Whales on the Decline as Market Sees a Massive Correction
Ethereum holders, those with at least 100 coins are on the decline.
China Financial Institutions Bars Crypto as Payment Tools
Three major regulatory bodies in China have prohibited banks and financial firms to provide cryptocurrencies transaction services.
India Cryptocurrency Ban Resurfaces, Traders and Miners to be Targeted This Time
India is out again to ban cryptocurrencies with a target on traders and miners.
India’s Finance Minister Says Crypto Ban May not Happen and Government May Experiment with New Technologies
India’s Finance Minister, Nirmala Sitharaman, has revealed that the government is not intending to completely ban cryptocurrencies.
India Considers Banning Crypto Trading Which Could Impact 1.7 Million Dependent Local Traders
The federal cabinet in India is expected to discuss a new bill that could once again ban cryptocurrency trading in the nation.
India Considers New Law to End Crypto Trading Despite Numerous Overturns by the Supreme Court
The Indian government is planning to bring in a new law to ban cryptocurrency trading, following the prohibition of banks and financial services to provide services related to crypto.
India’s Government Plans to Bring Back Law to Ban Cryptocurrencies
A report revealed that the Finance Ministry is now inviting other ministries to have a discussion of its earlier draft on the crypto ban introduced a year ago.
India’s Central Bank Aims to Undo the Supreme Court Ruling on Lifting the Crypto Ban
India’s central bank, the Reserve Bank of India (RBI) has planned to report a review petition on the recent Supreme Court’s cryptocurrency ruling, according to the Economic Times.
India’s Supreme Court Turned the Tables on Crypto Ban in Landmark Ruling
In a momentous ruling, India’s Supreme Court has lifted the ban made by the Reserve Bank of India (RBI), the nation’s central bank, on banks and other regulated entities dealing with cryptocurrencies. The court noted that preventing regulated entities from offering banking services to crypto trading stakeholders did not hold any water.