WeChat

WeChat Outlaws All Crypto Activities, Offenders Risk Permanent Ban

WeChat has proscribed all cryptocurrency and non-fungible tokens (NFT) activities. Violating accounts will need to rectify within a time frame until the ultimate ban. The cryptocurrency market…

South Korean prosecutors ban Terraform Labs employees from exiting the country: Report

South Korean prosecutors ban Terraform Labs employees from exiting the country: Report

Terraform Labs employees are reportedly unable to leave South Korea due to the country’s prosecutors imposing a departure ban on key developers of the project. On Monday, Korean…

Korea Prosecutors Issue Departure Ban on Terra Main Designers

Korea Prosecutors Issue Departure Ban on Terra Main Designers

South Korea’s Joint Financial and Securities Crime Investigation have imposed a departure ban on a Terra designer. The prosecution’s investigation into the Luna-Tera crisis is on the…

Russia Still To Ban Crypto? A Bill To Ban Digital Assets Has Passed First Reading

Russia Still To Ban Crypto? A Bill To Ban Digital Assets Has Passed First Reading

The State Duma, Russia’s lower house of parliament, has submitted legislation making it illegal to pay with cryptocurrency. The bill’s sponsors want crypto platforms to be tasked…

Bill to ban digital assets as payment passed the first reading in the Russian parliament

Bill to ban digital assets as payment passed the first reading in the Russian parliament

A bill that had been introduced a week ago to the State Duma, the lower chamber of Russian Parliament, made a swift passing through first reading. Should…

New York Senate approves ban on Bitcoin mining operations

New York’s electrical workers oppose the Bitcoin mining ban

NYC Gov. Kathy Hochul said that she will take a fair approach while deciding on the Bitcoin mining proposal. NYC Mayor Eric Adams said that the ban…

NYC Mayor Eric Adams speaks out against PoW mining ban legislation

NYC Mayor Eric Adams speaks out against PoW mining ban legislation

New York City’s Mayor Eric Adams spoke out on Monday, June 13, against a bill just one step away from effectively banning Bitcoin mining in the state…

Litecoin

Binance To Ban Litecoin Transactions With MimbleWimble Upgrade

The world’s biggest crypto exchange by volume, Binance, published blog post this morning saying they are not going to support the MimbleWimble Extensions Block (MWEB) feature for…

Lithuania

Lithuania To Ban Anonymous Accounts As Gov’t Eyes Stricter Crypto Regulation

Lithuania is taking cryptocurrency regulation seriously. The institutions of the European Union are urged to expedite the process of regulating cryptocurrencies in consideration of the growing number of…

Lithuania aims to tighten crypto regulation and ban anonymous accounts

Lithuania aims to tighten crypto regulation and ban anonymous accounts

In its efforts to fight money laundering risks and the possible schemes of Russian elites circumventing financial sanctions, the 2.8-million nation of Lithuania is planning to tighten…