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Search Giant Baidu Seeks to Ban Crypto Discussions on its Forum
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Search Giant Baidu Seeks to Ban Crypto Discussions on its Forum

Chinese search giant Baidu seeks to ban and censor cryptocurrency-related activities on its forum. The search giant is reportedly seeking to ban and censor topics that discuss cryptocurrency-related activities on Baidu Tieba, Baidu's Reddit-alike forum platform, local news outlet China Times reports Sunday, August 26. The report said, citing an...
'Bitcoin should be banned' says a Career Politician Brad Sherman
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‘Bitcoin should be banned’ says a Career Politician Brad Sherman

Brad Sherman, a U.S. lawmaker, has called for a blanket ban on cryptocurrency buying. Congressman Brad Sherman has previously also given controversial statements on the crypto subject. In March this year, he called cryptocurrencies "a crock". Now on Wednesday, during the hearing of a subcommittee for the House of Representatives...
China's Central Bank States Crypto Ban Is A Huge Success
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China’s Central Bank States Crypto Ban Is A Huge Success

China’s Central Bank celebrates the highly publicised crypto ban as a huge success. This ban put into effect since September 2017,  has reduced the involvement of Chinese currency in the crypto market to less than one percent. This information was published by Xinhua, the state-run press agency. For a long...
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New EU Report Advises Regulators to Not Ban Cryptos

A recent analysis report published by the European Parliament advises policymakers and regulators against banning cryptocurrencies. It discusses how cryptocurrencies should be treated and their potential impact on existing financial systems. The document entitled “Virtual currencies and central banks’ monetary policy: challenges ahead” co-authored by Lukasz Janikowski and Marek Dabrowski,...
Facebook Updates its Ad Policy : Non-ICO Ads Allowed
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Facebook Updates its Ad Policy : Non-ICO Ads Allowed

Recently Facebook lifted its ban on crypto-related ads realizing the growing interest in cryptocurrencies and also considering the fact that the revenue from crypto-related businesses is potentially huge. The initial ban was imposed on 30 January 2018. Facebook updated its ads policy at the end of January 2018 in which it...
Zebpay Challenges RBI Circular in the Supreme Court Of India
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Zebpay Challenges RBI Circular in the Supreme Court of India

Zebpay today at 1:29 PM sent out an important announcement in light of the recent Reserve Bank of India circular, dated April 6th, on ‘Prohibition on dealing in Virtual Currencies’. Zebpay is a Bitcoin wallet provider with its headquarters in Singapore and IT office in Ahmedabad, Gujrat, India. In the announcement, Zebpay...
Iran Bans Banks from Dealing in Cryptos
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Iran Bans Banks from Dealing in Cryptos

According to a Reuters report, the Central Bank of Iran has banned the banks and other financial institutions in the country from dealing in cryptocurrencies. The bank cited money-laundering concerns to be the prime reason behind this decision. According to IRNA, a state-run news agency: "Banks and credit institutions and...
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Indian Banks Banned From Dealing in Cryptocurrencies

The Deputy Governor of RBI, BP Kanungo, just announced officially that all the services dealing with cryptocurrencies will be banned with immediate effect. So essentially none of the entities regulated by RBI would be able to provide services related to cryptocurrencies to customers. Almost all of the banks in India are...
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