Tag: Ban

China Bitcoin Mining Crackdown

China’s Bitcoin Miners Prepare for Exit after Crackdown Rumours

Members of China’s active cryptocurrency community continue to have their work cut out as the nation’s regulators crack down on all cryptocurrency related activities. In September, Chinese regulators closed in on firms and individuals raising funds via token sales. The...

/ November 16, 2017
Bitcoin Trading in China

The Future of Bitcoin Trading in China: Regulatory Workarounds and Rumors

Two months ago, the crypto world was rocked by the Chinese government’s announcement that they’d be banning crypto exchanges indefinitely in China. This bombshell sent shockwaves through the space, both regarding sentiments and price. Fear, uncertainty, and despair took over...

/ November 6, 2017
Malaysia Central Bank Ban

Malaysian Central Bank to Decide on Digital Currency Regulation

Bank Negera Malaysia, the central bank of Malaysia will be deciding on how to regulate digital currencies in the country. There is also a possible ban on the cards according to one local news source. Although this may be a...

/ October 6, 2017
South Korea Implements ICO Ban

South Korea Announces Ban on all ICOs

South Korea is now the next Asian country that has decided to outlaw Initial Coin Offerings (ICOs). This follows from the move by China to do the same earlier this month and raises many questions about what the ban will...

/ September 29, 2017
viaBTC setting up business offshore

Via BTC will Open up a new Platform outside of China

ViaBTC was one of the exchanges that was forced to close down their operations in China as a result of the ban. They will officially cease all operations in the country on the 30th of September. According to the statement...

/ September 23, 2017
Chinese Bitcoin Investors Flee WeChat for Telegram

Chinese Bitcoin Investors Flee WeChat for Telegram

There has been quite a scare going on in China since the government decided that they wanted Bitcoin exchanges shut. Most Chinese traders would have gone onto WeChat and spoken to their local dealers in order to buy or sell...

/ September 16, 2017
Namibian Central Bank Says Bitcoin Purchases are illegal

Namibian Central Bank Says Bitcoin Purchases are illegal

The Central Bank of Namibia has made a statement that all Cryptocurrency exchanges or relating transactions are to be declared illegal. According to financial researchers, Cryptocurrencies have been linked to a number of different money laundering events that have taken...

/ September 16, 2017
OKCoin and Huobi Shutdown

Huobi and OKCoin to Suspend Yuan Based Bitcoin Trading in Ocotber

Following on from the closure of ViaBTC and BTCC, Huobi and OKcoin are closing down their Yuan based trading at the end of October. They have been given a month extra to facilitate that closure because of their size relative...

/ September 15, 2017