cryptocurrency ban

2021.07.15

20:00

Italian regulator says Binance is not authorized to conduct activities

LONDON (Reuters) -Binance is not authorised to carry out activities in Italy, the country's market watchdog said on Thursday, joining a string of global regulatory moves against the cryptocurrency exchange.

2021.06.29

16:20

TSMC to lost $300 million due to Bitcoin mining ban

China's recent clampdown on bitcoin mining and trading has caused the price of bitcoin to plummet and has led to adjustments in the market.As a result, Bitmain, the largest bitcoin mining chip maker, has started canceling orders from TSMC.

2021.06.22

12:00

Who will take in Chinese bitcoin miners?

The withdrawal of bitcoin mining from China is a foregone conclusion. In April 2021, data from an academic study reported that Chinese miners account for more than 75% of the Bitcoin network's computing power. However, starting from June 20, this percentage will drop indefinitely.

2021.05.24

03:26

Huobi.com suspends selling of Bitcoin miners and derivative services in mainland China

Recently, a screenshot of a chat with Huobi.com Customer Service has been released on the internet, stating that to comply with the latest regulatory policies in China, Huobi.com has decided to suspend the sale of mining machines and derivative services for users in mainland China.

2021.03.15

07:08

India will propose a law to ban cryptocurrencies

India plans to propose a law to ban cryptocurrencies, fining anyone who mines, trades and holds them in the country, Indian government officials said. The new law would give cryptocurrency holders six months to liquidate such assets.

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