Tags : Ban

Bitcoin

Dutch economic advisor calls for a Bitcoin ban even as

An official of the Central Planning Bureau (CPB), an independent, publicly financed policy arm that advises the government of the Netherlands, said today that Bitcoin and other cryptocurrencies should be banned in the country. The director of the ‘Centraal Plan Bureau’ (CPB), an economic research institute that advises the Dutch government, wrote an essay that […]Read More

Regulation

Nigerian central bank does a U-turn on Bitcoin ban, saying

According to local news reports, the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, says he will “allow” the trading of Bitcoin and other cryptocurrencies. In February this year, CBN Director Bello Hassan signed a letter warning monetary service providers of severe regulatory sanctions if they dealt with cryptocurrency exchanges. Aside from hitting a $2.5 […]Read More

Regulation

India may be considering crypto regulation instead of a blanket

News › India › Regulation A special panel of experts may be formed in India to develop a regulatory framework for cryptocurrencies. Liam Frost · May 19, 2021 at 6:00 pm UTC · 2 min read India’s central government is currently considering the possibility of creating a regulatory framework for cryptocurrencies in the country—instead of […]Read More

Regulation

India may give crypto holders an “exit window” in case

India’s officials are currently discussing the possibility of providing an “exit window” that would allow crypto holders to get rid of their assets ahead of the potential ban on all “private” digital currencies, The Indian Express reported today. “The government is expected to provide an exit window to existing crypto holders in the event of […]Read More

Bitcoin

“You’d have to shut down the Internet” to ban Bitcoin,

Any of the government’s efforts to ban Bitcoin would be “foolish,” said Hester Peirce (aka “Crypto Mom”), a very Bitcoin-friendly commissioner at the U.S. Securities and Exchange Commission (SEC), during a MarketWatch virtual conference earlier this week. “I think we were past that point very early on because you’d have to shut down the Internet,” […]Read More

Bitcoin

Norwegian billionaire buys Bitcoin after calling for its ban last

Norwegian kroner billionaire Øystein Stray Spetalen has invested “heavily” in both Bitcoin (BTC) and local crypto exchange MiraiEx—after lambasting the crypto just last week, Finansavisen reported on Friday. Per the publication, Spetalen has recently bought an undisclosed amount of BTC as well as invested in Norwegian cryptocurrency exchange MiraiEx. By its own admission, the platform […]Read More

Bitcoin

Billionaire investor sees “good probability” of a Bitcoin ban

Billionaire investor and founder of Bridgewater Associates Ray Dalio warns that there’s a “good probability” that governments will move to ban Bitcoin. Bitcoin represents a threat to the monopoly of the supply of money The end of 2020 saw Dalio blast Bitcoin on several fronts, including a view that it’s a poor medium of exchange […]Read More

Bitcoin

Bitcoin drops 10% after Indian government proposes new crypto ban

Today, Bitcoin dropped more than 10% after the Indian government proposed legislation for banning Bitcoin, according to Reuters. The government already had plans to ban cryptocurrencies since January — but now it’s become clear that the goal is to strictly regulate profiting with Bitcoin, which includes holding or trading. $1 Billion in Positions Liquidated According […]Read More

Bitcoin

Bitcoin Weekly Outlook: India Ban Scare, FOMC Meeting in Focus

Key Bitcoin Takeaways Bitcoin slipped on Monday after logging a record high above $61,000 during the weekend session. Fears of a crypto ban in India and recovering US dollar and bond yields pressured the cryptocurrency. More clues about the market bias to come from this week’s Federal Open Market Committee’s meeting. Bitcoin fell more than […]Read More