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Decentralized • November 14-16, 2018

After the huge success of Decentralized 2017, the University of Nicosia is proud to announce that Decentralized 2018 will take…

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Tag: ban

Vietnam’s State Securities Commission Bans Crypto-Related Activities

Category: Altcoins, Bitcoin, News, Regulation

Vietnam’s State Securities Commission Bans Crypto-Related Activities

Vietnam’s State Securities Commission has prohibited companies from issuing, transacting, or brokering related to digital tokens. The ban follows a previous directive that urged monitoring agencies to scrutinize crypto asset activities. Vietnam Government Hostile toward Crypto Industry While many countries across the world are trying to regulate the budding field of crypto assets, there are still some who are very…

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Supreme Court of India Reschedules Cryptocurrency Ban Petition to September 2018

Category: Altcoins, Bitcoin, Business, News, Regulation

Supreme Court of India Reschedules Cryptocurrency Ban Petition to September 2018

On July 20th, 2018, The Supreme Court of India again delayed the hearing for the fate of cryptocurrencies, on account of minimal action from SEBI regarding the petition seeking regulation of cryptocurrency in India. The new date for final arguments has been set to 11th September 2018. The latest hearing held on July 20, 2018, against the Reserve Bank of…

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Vietnam “Temporarily Suspends” Import of Cryptocurrency Miners

Category: Altcoins, Bitcoin, Mining, News

Vietnam “Temporarily Suspends” Import of Cryptocurrency Miners

The cryptocurrency industry in Vietnam is going through a rough phase. More than two months after a big scam scandal gotten the attention of the country’s government, the Vietnamese Central Bank is now following the government recommendations and has agreed shut down all support for cryptocurrency mining equipment imports. Vietnam’s Anti-Mining Stace In April 2018, a big scam affected dozens…

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Indian Regulators May “Unban” Cryptocurrency Trading Soon

Category: Adoption, Altcoins, Bitcoin, Blockchain, News, Regulation

Indian Regulators May “Unban” Cryptocurrency Trading Soon

The Reserve Bank of India’s (RBI) harsh stance towards the local digital currency space may not last forever. If the latest report coming from reliable sources at the finance ministry is anything to go by, authorities are on the verge of regulating blockchain-based virtual currencies as commodities, a move that would be very beneficial to cryptocurrency investors in the Asian…

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YouTube Faces Heat after Court Observes its Failure to Identify Fraud Propagated by Bitconect

Category: Altcoins, Crime, News, Regulation

YouTube Faces Heat after Court Observes its Failure to Identify Fraud Propagated by Bitconect

Legal proceedings are fast gaining traction several months after the infamous cryptocurrency Ponzi scheme Bitconnect was shut down in January 2018. YouTube to Testify Against Bitconnect In the latest development, video-streaming platform YouTube has been added as a defendant in a class action lawsuit against Bitconnect, as observed in a court filing dated July 3, 2018. Initially filed on January…

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Indian Cryptocurrency Exchanges Denied Temporary Stay in Cryptocurrency Ban Case

Category: Altcoins, Bitcoin, Development, News, Regulation

Indian Cryptocurrency Exchanges Denied Temporary Stay in Cryptocurrency Ban Case

The Supreme Court of India decided on July 3, 2018, to deny a temporary stay in the petition against the Reserve Bank of India’s directive forbidding banks to deal with crypto exchanges. RBI’s Directive Shocks India Although the blockchain and cryptocurrency industry seems to be blooming everywhere, India’s financial authorities don’t seem to recognize its enormous potential. The Reserve Bank…

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Facebook Backpedals Cryptocurrency Ban, Will Now Allow Verified Crypto Advertisements

Category: Altcoins, Bitcoin, Blockchain, Business, Crime, Finance, News, Regulation, Tech

Facebook Backpedals Cryptocurrency Ban, Will Now Allow Verified Crypto Advertisements

Social media giant Facebook upheld its advertising ban on cryptocurrencies and related products on June 26, 2018. In January 2018, the Menlo Park-headquartered company joined Google, YouTube, and Bing in blocking ad services to providers of digital assets. Cryptocurrency Purge Following Bitcoin’s (BTC) famous bull run in December 2017 which saw the pioneer cryptocurrency reach $20,000 on some exchanges, governments…

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Missoula County Commission Delays Ban on Cryptocurrency Mining

Category: Altcoins, Bitcoin, Finance, Mining, News, Regulation, Tech

Missoula County Commission Delays Ban on Cryptocurrency Mining

The Missoula County Commission on June 14, 2018, decided to postpone and the one-year ban imposed on cryptocurrency mining activities. Residents Express Frustration over Cryptocurrency Mining Farms Despite an intensive two hours of discussion, presentations, and public comments concerning Bitcoin mining operations in Bonner, the public was fairly split when it came to the support and opposition to the activity….

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Google and Facebook under Fire for “Unethical” Cryptocurrency Ban

Category: Altcoins, Bitcoin, Blockchain, Business, Finance, News, Regulation, Tech

Google and Facebook under Fire for “Unethical” Cryptocurrency Ban

While Google’s famous motto says “Don’t be evil,” industry experts believe that the company’s self-policed decision to ban cryptocurrency adverts on its platforms is “ill-thought-out and potentially even unethical.” Google’s Mixed Signals The policy came into effect in June 2018, after Google announced the ban in March 2018. Additionally, social media giant Facebook and micro-blogging platform Twitter announced similar bans,…

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Bithumb Bans Crypto Trading In Iran, North Korea, and Nine Other Countries

Category: Altcoins, Business, Finance, News, Regulation

Bithumb Bans Crypto Trading In Iran, North Korea, and Nine Other Countries

South Korea’s largest cryptocurrency exchange, Bithumb has announced in a press release dated May 27, 2018, that it will restrict the accounts of users from 11 “high-risk jurisdictions” preventing them from taking part in digital asset trading as from June 21, 2018. The decision, which comes at a time when Bithumb is already dealing with the fallout from an existing…

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