The crypto exchange Bybit has paused US Dollar (USD) deposits due to “service outages” from partners. Is it the latest victim of Operation Choke Point? Bybit exchange announced the suspension of USD p...
Tag: Crackdowns
Ripple [XRP]: On regulatory heat, crackdowns, and the way forward
Blockchain policy specialists’ opinions differ as per the crypto regulatory clampdown despite XRP’s long-standing SEC case. The U.S. Congress intends to look into the recent operation. The recent host...
In 2022 We Still Have Crypto Ads Crackdowns
Shortly after the 2017-2018 Bitcoin rally, the main advertising platforms followed with a crypto ads crackdown. So, for the first time since cryptocurrency started, social media and advertising became...
Crypto Assets Becoming More Attractive to New Investors Following SEC Crackdowns: Report
The U.S. Securities and Exchange Commission’s (SEC) aggressive moves to enforce regulations in the crypto space are having a positive impact on new investors, according to a Bloomberg report. Citing a...
Government crackdowns are coming unless crypto starts self-policing
Self-regulation will be critical in governing the rapidly changing landscape of the cryptocurrency industry in order to preserve its autonomous, decentralized nature. Months after the collapse of the...
Proposed U.K. Legislation Would Enable Harsher Crackdowns on Crypto Crime
Key Takeaways The U.K. government has introduced new legislation called the Economic Crime and Corporate Transparency bill. The bill will give the government greater power to “seize, freeze and ...
Post-regulatory crackdowns, power grid outages, here’s where Bitcoin mining is heading
Erik Thedéen, the Vice-chair of the European Securities and Markets Authority, recently recommended a ban on proof-of-work mining in the EU. Citing its impact on Sweden, he stated, “It would be an iro...