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Posts Tagged ‘Ban’

Crypto Ban FUD And Blockchain Adoption Galore

Top Stories This Week Circle Partners With Bitmain For Planned Release Of USD-Backed Stable Coin Circle Internet Financial Ltd. has finished a $110 mln investment round with led by Chinese mining hardware manufacturer Bitmain as part of their project to create a US-dollar backed stable coin. The Circle USD Coin, which will function as an…

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More Crypto Exchanges Set up Shop in India Despite RBI Ban

Osato Avan-Nomayo · May 19, 2018 · 6:00 am Despite the RBI ban, there are reports of more cryptocurrency exchange platforms springing up in India. The country’s apex bank issued a directive in April prohibiting banks from facilitating crypto transactions. New Local Exchange Platforms Beginning in July, India’s banks must comply with the RBI crypto ban.…

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First Facebook and Google, Now Bing Moves to Ban Cryptocurrency Advertising

Georgi Georgiev · May 16, 2018 · 11:00 am Bing is now hopping on the cryptocurrency ban bandwagon, joining Facebook and Google in not allowing any advertising for crypto-related products, as well as unregulated binary options. The search engine of Microsoft, Bing, will no longer be displaying ads for the cryptocurrency space. The banning includes…

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Supreme Court of India Strikes Out Injunction Against RBI Crypto Ban

Osato Avan-Nomayo · May 13, 2018 · 5:00 am The Indian Supreme Court has struck out an interim injunction against the crypto ban of the Reserve Bank of India (RBI). The RBI banned banks and other financial institutions from facilitating cryptocurrency trades in the country. In response, a coalition of petitioners, comprised of four crypto…

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India: Delhi Court Will Hear 2 Challenges To Crypto Ban Next Month

Wilma Woo · May 7, 2018 · 6:30 am Flintstone Technologies has joined Kali Digital in challenging the central bank of India (RBI) in court over crypto trading restrictions it imposed in April. ‘Arbitrary, Unfair, and Unconstitutional’ The Reserve Bank of India (RBI), which gained notoriety after banning banks from servicing crypto-related businesses April 6th,…

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India’s Crypto Trading Volume Increases Despite Central Bank Ban

Osato Avan-Nomayo · May 4, 2018 · 8:00 pm There is an upsurge in the cryptocurrency trading volume in India. This increase is occurring despite the crypto ban issued by the Reserve Bank of India (RBI) in April 2018. As a result, crypto stakeholders remain confident that the market will continue to flourish even after…

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Russia Targets Another Messaging App, May Ban Viber

Osato Avan-Nomayo · May 4, 2018 · 10:00 am Nikolai Nikiforov, the Russian Communications Minister, has said the government might ban Viber the same way it did Telegram. According to the minister, failure to comply with the request by the Federal Security Service (FSB) for encryption keys could see the app banned in the country.…

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Startup Takes RBI to Court Over Its Cryptocurrency ‘Ban’

Nikita Blows · April 23, 2018 · 1:30 pm The Reserve Bank of India (RBI) will soon be going to court. This comes after a crypto startup has put forward a petition contesting the bank’s conditional ban on cryptocurrency. Fickle is an apt term to describe India’s relationship with Bitcoin and cryptocurrencies in general. There’s…

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Russian Supreme Court Orders To Review Bitcoin Website Ban

The Supreme Court of Russia has ordered the St. Petersburg City Court to consider an appeal to the ban of a cryptocurrency information website, Russian Legal Information Agency (RAPSI) reported April 20. In summer 2016, the Vyborgsky District Court of St. Petersburg granted the application of the Prosecution Office and blocked Bitcoininfo.ru website. The court…

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