cryptocurrency ban News

Andrey Zverev, self-described as a smuggler for illicit Russian activities, has reportedly been leveraging Tether to carry out purchases of high-tech equipment and components for weaponry, thereby sidestepping Western-imposed sanctions. According to a report by The Wall Street Journal, Zverev…

The Central Bank of Nigeria recently lifted its ban on local banks and financial institutions serving cryptocurrency firms.

In a recent court hearing that was set for August 8, 2019, the government of India asked the Supreme Court to postpone the hearing against the cryptocurrency ban to January 2020 as they wish to open the blanket ban bill…

The National Association of Software and Services Companies (NASSCOM), a non-profit trade association made up of firms in India’s information technology and business process outsourcing industry, has kicked against the government’s move to make bitcoin trading as well as transactions…

Recently, a committee studying the effects of cryptocurrency and distributed ledgers in India recommended an outright ban on all cryptocurrencies. The committee was headed by the Secretary of Economic Affairs, Subhash Chandra Garg. While a sensitive agenda for regulators on…

In the past months, there have been rumours about an imminent bitcoin ban in India. However, a government official recently stated that there were no plans to ban bitcoin or any cryptocurrency in the country as revealed in a July…