A new White House report encouraged a broad policy push to reduce greenhouse gas emissions and urged the use of clean energy by U.S. crypto mining companies — and potentially more restrictive measures...
Tag: restrictions
Nio says Nvidia chip restrictions won’t hurt them
Chinese electric car company Nio said it doesn’t expect U.S. restrictions on Nvidia to affect the start-up’s business operations. Vcg | Visual China Group | Getty Images Li said Wednesday ...
Russians turn to crypto to evade restrictions
Bitcoin (BTC/USD) is trading just above the $20k mark after another sell-off. This latest dip follows a broader market reaction to Federal Reserve Chairman Jerome Powell’s monetary policy remarks at F...
Singapore’s MAS To Introduce Restrictions Over Crypto Trading
Bitcoin News Ravi Menon claims that the promise of substantial cost hikes is what draws them in. Despite warnings and safeguards, consumers are rapidly trading in cryptocurrencies. There is no denying...
Restrictions on Purchases of Dollar and Euro Cash Eased
CBR has allowed Russian lenders to sell two currencies Russians have been buying bitcoin, & stablecoins to use them for money transfers The majority of Russians are ready to buy coins in the nex...
Bank of Russia Eases Restrictions on Purchases of Dollar and Euro Cash – Finance Bitcoin News
The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased supply of foreign cash may affect the crypto market in the country...
New Restrictions Cap Yearly Crypto Purchases in Canada
The customer’s ability to make net purchases may be restricted in certain cases. The cap limit does not apply to 4 major cryptocurrencies. In order to comply with rules, Canadian cryptocurrency exchan...
Canada heavy-handed overreach continues with crypto restrictions
On the heels of imposing the emergency act on their own citizens, the Ontario Securities Commission has now restricted the purchase of cryptocurrencies, explaining the move as being able to better “pr...
London to face water restrictions from next week, Thames Water says
A man walks in Greenwich Park, London, on August 14, 2022. On August 17, Thames Water said a Temporary Use Ban covering London and the Thames Valley would begin next week. Dominic Lipinski | PA Images...
Revolut Introduces Crypto Trading In Singapore Despite Chances Of New Restrictions
Revolut has launched a cryptocurrency service in Singapore. Many firms have depicted unwavering belief in the market despite the downturn. Singapore recently has been lacking clarity in terms of the r...
UK financial regulator unveils stronger ad restrictions — with crypto rules set to follow
The UK’s financial regulator, the Financial Conduct Authority (FCA), finalized stronger rules today to help combat misleading adverts related to high-risk investment products, according to a press rel...
Restrictions On Cash Payments In Israel Prompt Shift To Digital Payments
In an effort to encourage Israelis away from using cash and towards paying digitally, Israel recently enacted a new regulation limiting the use of cash on August 1st. Starting in 2019, an Israeli comp...
Ukraine’s New Fiat Currency Restrictions To Benefit Crypto Sector
A currency devaluation of 25% was announced on Thursday. Withdrawals from payment cards have now been capped to 12,500 hryvnia per week. National Bank of Ukraine’s (NBU) new policies is a reaction to ...
Ukraine’s New Fiat Restrictions to Boost Popularity of Crypto, Industry Says – Regulation Bitcoin News
The central bank of Ukraine has adjusted the fixed exchange rate of the national currency in U.S. dollars and introduced stricter limits on hryvnia transactions for citizens. The measures are likely t...
Chinese Tech Giant Tencent to Shut Down NFT Platform Amid Trading Restrictions – Bitcoin News
China’s Tencent Holdings plans to shut down its non-fungible token (NFT) platform Huanhe only a year after its launch. The social media giant has reportedly made the decision because of the strict ban...
Crypto.com CEO Refutes Rumors Of Withdrawal Restrictions
As the ongoing crypto bloodbath has brought many crypto-oriented businesses on the verge of collapse, general sentiments are pointing toward Crypto.com as the next victim. While many other crypto busi...
Demand for Hardware Crypto Wallets Increases Amid Currency Restrictions in Russia – Bitcoin News
Hardware wallets designed to securely store cryptocurrency have seen a several-fold increase this spring in Russia, on the backdrop of currency restrictions introduced amid foreign sanctions. Ledger a...
China Court Rules Restrictions On USDT, Here’s Why
China’s Chaoyang Court on Wednesday in a labor dispute lawsuit ruled that companies can’t pay wages in Tether (USDT). Moreover, the court stated that virtual currency should not be circulated in the m...
CryptoCom CEO Denies Imposing Withdrawal Restrictions
With the recent rise of crypto trading firms suspending essential services due to liquidity-related issues, speculations on the next victim of the ongoing market crash have also gone rampant in the co...
Singapore Considers Imposing New Restrictions on Crypto Trading – Regulation Bitcoin News
The Monetary Authority of Singapore (MAS) has told Parliament that the central bank is considering imposing additional restrictions on cryptocurrency trading. They include “placing limits on retail pa...
Far from Putin’s claims of resilience, Russian economy is being hammered by sanctions and exodus of international companies, Yale report finds
Media reports trumpeting the resilience of the Russian economy in the face of the international response to its invasion of neighboring Ukraine are based on misunderstandings that don’t reflect what’s...