Uzbekistan Warns Citizens to Avoid Unlicensed Cryptocurrency Exchanges

A government agency in Uzbekistan has published a list of unauthorized crypto exchanges that residents of the country have been advised to avoid. The trading platforms collect personal data and bear no responsibility for the cryptocurrency transactions, officials have warned. Authorities in Uzbekistan Blacklist ‘Unofficial’ Crypto Exchanges The National Agency of Project Management under the … Read more

Crypto Trading, Mining Are Illegal and Punishable, Nepal Central Bank Warns

Mining and trading of cryptocurrencies are illegal in Nepal, the country’s central bank has reminded citizens of the Himalayan nation. The regulator also warned that participating in such activities would entail penalties as per the current legislation. Despite its position, however, the Nepalese have continued to invest in bitcoin, media reports reveal. Engaging in Illegal … Read more

China’s Anhui Province to Shut Down Crypto Farms as Grid Operator Issues Closure Notice, Reports

Anhui has reportedly become China’s latest region planning to end cryptocurrency mining. The province is going to shut down all mining facilities due to power supply shortages, according to local media. Another source revealed that the state-run network operator has issued a closure notice for bitcoin farms across the country. Anhui to Halt Bitcoin Mining … Read more

Tehran Government Bans Iran Blockchain Association

The Ministry of Interior of the Islamic Republic has suspended the Iran Blockchain Association (IBA). The measure comes after the organization allegedly breached government regulations. IBA unites participants in the country’s growing crypto sector who are engaged in blockchain technology development. Iranian Authorities to Review IBA Dealings With Crypto Exchanges The Iranian government has moved … Read more

Crypto Patent Alliance Questions Craig Wright’s White Paper Copyright Claim

Back in January, the notorious Craig Wright who claims to be Satoshi Nakamoto had his lawyers send letters to a number of websites like bitcoin.org telling them to remove the Bitcoin white paper hosted on their web portals. On January 31, bitcoin.org’s owner Cobra claimed he was threatened by a Bitcoinsv supporter after the person … Read more

Bitcoin Websites Asked to Remove White Paper After Craig Wright Claims Copyright Infringement

During the last few days, the cryptocurrency community has been discussing the recent action taken by Craig Wright’s lawyers against web portals that host the original Bitcoin white paper. Recently letters were sent to a number of websites requesting the removal of the paper due to alleged copyright infringement. Bitcoin White Paper Copyright Allegations The … Read more

New Guidelines Subject Canadian Crypto Exchanges to Securities Laws

Canadian regulators have issued new guidance determining when current securities legislation applies to operations conducted by cryptocurrency exchanges. According to the clarifications in the document, many domestic and foreign entities serving Canadian users, for example those that provide custodial services, will have to abide by the country’s securities laws and act like securities dealers. Also … Read more

Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency Policy

An Indian bank is reportedly forcing customers to agree that they “will not deal with any transactions related to cryptocurrency including bitcoins” when signing up for an account. In addition, there are reports of banks blocking accounts of their existing customers if they are found to have made crypto-related transactions. Also read: Indian Supreme Court Moves … Read more