Cryptocurrency Analysis and News Portal
Dapper Labs’ popular NBA Top Shot non-fungible token (NFT) marketplace froze the account of a user whose handle is a reference to the basketball league’s fraught history with China.After submitting a photo of their passport in an attempt to cash out the account’s balance, a user with the name “FreeHongKong”
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The U.K. advertising watchdog has banned several cryptocurrency ads, including those by Papa John’s Pizza, Coinbase, Kraken, Etoro, and Luno. The authority says the ads are “misleading” and “irresponsibly taking advantage of consumers’ inexperience.” 7 Crypto Ads Banned by UK Authority The Advertising Standards Authority (ASA) banned seven cryptocurrency ads Wednesday. The
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The Advertising Standards Authority, or ASA, the United Kingdom’s independent advertising regulator, has taken down another batch of cryptocurrency-related ad campaigns promoting several major industry firms.On Dec. 15, the advertising watchdog issued several rulings on ad violations involving six crypto-related firms including Coinbase, Kraken, eToro, Exmo, crypto broker Coinburp and
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Since the drop of the first token in 2009, there has been a battle for control going on within the digital world. This war is generally financially based, as countries try to secure greater control and grip on decentralized exchanges and cryptocurrency. Here is a brief look into a few different perspectives
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Over the past few months, there have been some major developments coming out of China that have rocked the cryptocurrency market and the global financial markets. China’s Evergrande debt repayment crisis sent shockwaves throughout global equities markets, as well as the United States Securities and Exchange Commission’s (SEC’s) consistent signaling
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Those familiar with the crypto industry will understand that China’s latest crypto ban is not entirely a surprise. The country has maintained a hostile relationship with its local crypto industry since 2013, when it rolled out its first set of crypto restrictions.And while the recent ban may feel like the
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South Korea banned virtual asset services providers (VASPs) and their staff from trading tokens they issue, the country’s Financial Services Comission (FSC) said in a Wednesday statement.Crypto services providers must set up internal processes for the conflict of interest rules within a month. Those who don’t will be facing suspension
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Chinese authorities ordered a fresh crackdown on crypto mining and outlawed virtually all crypto trading activities on Friday.The People’s Bank of China posted a list of forbidden activities that included some previously in the gray zone of regulation, while the National Development and Reform Commission set out a plan to
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The United States National Football League (NFL) has reportedly barred all teams and members from crypto-related sponsorships and advertisements, as well as nonfungible token (NFT) sales. According to a report by The Athletic, the NFL has restricted the sale of sponsorships to cryptocurrency trading firms and NFTs until the league establishes
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South Korean crypto exchange Bithumb has reportedly announced a ban on foreigners who have not completed phone-based Know Your Customer (KYC) verification.According to local coverage by Pulse, non-Koreans using the Bithumb crypto exchange will be subject to mandatory mobile verification. While the rule is reportedly set to be effective from
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