Tag: Ban

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Crypto bill won’t move without a ban on officials’ industry ties, says U.S. Senator Gillibrand

MIAMI — The long-awaited legislation to establish U.S. regulations for the crypto markets won't survive the Senate if it doesn't include a contentious ethics...

Tennessee Crypto Kiosk Ban Set to Go into Effect July 1

Tennessee Governor Bill Lee has signed a bill into law that will officially ban the use and installation of cryptocurrency ATMs and kiosks in...

Celsius Founder Lands $10 Million FTC Settlement—And A Crypto Ban For Life

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Alex Mashinsky, the founder of the crypto lender Celsius, has settled with...

KuCoin EU Hires AML Chief After Austria MiCA Business Ban

KuCoin EU has appointed a new Anti-Money Laundering (AML) chief and expanded its compliance team in Vienna, weeks after Austrian regulators barred the exchange...

Canada Proposes Crypto ATM Ban to Tackle Scams, Money Laundering

The Canadian government has proposed banning Bitcoin and other crypto ATMs, arguing the machines have become a primary on-ramp for fraudsters and money launderers...

Canada proposes ban on BTC ATMs as fraud cases mount

Canada is proposing to ban crypto ATMs as part of a broader crackdown on fraud and money laundering, citing growing evidence that the machines...

Canada’s ban on political crypto donations clears key vote with Conservative support

Canada’s proposed ban on crypto political donations moved a step closer to becoming law on Friday, advancing through Parliament with cross-party support and little...

New York, Illinois Ban Officials From Prediction Markets

New York Governor Kathy Hochul has signed an executive order banning state employees from betting on prediction markets, following a similar move by Illinois...

Pakistan Ends 2018 Bitcoin And Crypto Banking Ban

Pakistan’s central bank has formally reversed its long-standing ban on banking services for cryptocurrency firms, allowing regulated banks to open accounts for...

Stablecoin Yield Ban Would Barely Boost Bank Lending, White House Finds

A White House report found that banning yield on stablecoins would have a marginal impact on bank lending while creating clear economic downsides.According to...

Stablecoin Yield Ban Hurts Consumers More Than Banks

The federal government’s own economists at the White House have thrown cold water on one of the central justifications for restricting stablecoin...

Rwanda Reaffirms Crypto Ban After Bybit Adds Franc Support

Rwanda’s central bank has restated its prohibition on cryptocurrency activity involving the national currency after Bybit introduced support for the Rwandan franc...