Ban

Following the recent arrest of Telegram CEO Pavel Durov in France, the messaging platform is facing escalating legal challenges across multiple countries. Local media reports indicate that Indonesia is contemplating a ban on Telegram due to its alleged facilitation of pornography and online gambling activities. Global Scrutiny On Telegram According to a local media report, Indonesian Communication and Informatics Minister Budi Arie Setiadi has voiced strong concerns, stating that the Ministry has already warned Telegram about its content moderation practices. …

The post Gemini and Coinbase Clash with CFTC Over 2024 Presidential Betting Ban! appeared first on Coinpedia Fintech News Leading crypto exchange Gemini has taken the first step against CFTC. In a bold move, leading cryptocurrency exchange Gemini has urged United States regulators to withdraw a proposed regulation that threatens to ban all event contracts on decentralized prediction markets. “We highlight the adverse impact that this rule would have on prediction markets, including those used to forecast elections,” Gemini stated…

The post Breaking: China May Lift Crypto Ban in Q4 Amid Economic Crisis! appeared first on Coinpedia Fintech News China possibly lifting its crypto ban in Q4 is the hot topic on Twitter right now. This isn’t our claim, Twitter is full of such discussions. Some prominent Twitter crypto accounts are speculating this on the basis of current conditions in China. They believe that since China’s economic condition is worsening, they have no choice but to rely on crypto, or…

The post Bolivia Opens Doors to Cryptocurrency Trading After 4 Years Of Ban appeared first on Coinpedia Fintech News After four years, the Central Bank of Bolivia has officially reversed its 2020 ban on Bitcoin and other cryptocurrencies. This move, aimed at updating the financial system, acknowledges the growing importance of digital currencies in the global financial ecosystem. By reversing the ban, Bolivia is recognizing the increasing relevance and potential impact of digital assets on the economy. BCB Lift Ban…

The state enacts HB 488 to safeguard Bitcoin rights and ban Central Bank Digital Currencies (CBDCs). The new law is designed to attract investment and foster economic growth through Bitcoin mining. According to today’s Forbes update, Louisiana has enacted a bill to protect Bitcoin (BTC) and ban Central Bank Digital Currencies (CBDCs). Governor Jeff Landry signed House Bill 488 into law, with bipartisan support from Representative Mark Wright and Senator Jean-Paul Coussan. This legislation ensures access to Bitcoin while restricting…

With Europe’s comprehensive MiCA regulations coming into effect at the end of this year, it is looking likely that these regulations will not allow Tether to operate in this jurisdiction. What could this mean for Europe and crypto? Tether’s reducing market share Tether is the foremost USD stablecoin in the world, and in Q1 of this year it made record profits of $4.52 billion. However, its market share is slowly reducing, and has descended to around 69%. At the same…

Daniel Batten, a Bitcoin environmental impact analyst stated that despite widely spread news, Bitcoin mining was only temporarily suspended in China. China’s mining activities have contributed to 15% of the worldwide hashrate. Daniel Batten, a Bitcoin environmental impact analyst has disclosed that Bitcoin mining was never officially banned in China. According to Batten’s new revelation, contrary to the widely spread news the so-called “ban” was a temporary suspension, and mining activities have largely resumed across the country. Batten’s report highly…

The US House has passed a bill to prohibit the creation of a government Central Bank Digital Currency (CBDC), favoring the adoption of stablecoins on public networks. Ripple Labs Inc. has filed a trademark for “RLUSD”, suggesting the launch of a new stablecoin which may align with recent legislative developments. The US House recently voted on the CBDC Anti-Surveillance State Act, introduced by Congressman Tom Emmer. This bill, identified under Union Calendar No. 409, seeks to amend the Federal Reserve…

Bitcoin Asia in Hong Kong had over 5,500 attendees, half of whom came from China, where the government has been cracking down on crypto for years. The organizers say the recently launched crypto ETFs were the biggest attraction, with most investors interested in learning about investing in them. Bitcoin Asia, a crypto conference held in Hong Kong on Thursday and Friday last week, attracted over 5,500 attendees, half of whom were from mainland China, where crypto has been banned for…