EU Governments Friendly to Tough Crypto Bank-Capital Restrictions, Negotiator Says
A deal on new banking laws may be imminent, and will likely treat lenders’ crypto holdings as highly risky. Source
Read More
Restrictions
Nigerian central bank maintains stance on crypto withdrawal restrictions
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Nigeria’s cryptocurrency landscape has experienced ongoing turmoil, with citizens embracing digital assets while the government remains steadfast in its opposition. In response, the government has enforced a ban on cryptocurrencies, prohibiting individuals from engaging in crypto transactions
Read More
China Persuades Japan to Lift Restrictions on Semiconductor Chip Export to Harmonize International Trade
China has agreed to work with Japan to promote practical cooperation in key economic and trade areas including advancements in the semiconductor industry. The global geopolitical crisis has significantly impacted the overall development of technology. The ongoing war between Ukraine and Russia, which is estimated to take several years to
Read More
Emirates Group Reports Record Annual Profit of $3B after Prior Devastations of Covid-19 Restrictions
Emirates Group announced global freight expansion to different destinations including Tanzania, Germany, Canada, and Brazil. Emirates Group, a state-owned Dubai-based international aviation holding company, released its 2022-2023 financial results. According to the announcement, Emirates achieved a record annual profit of AED 10.9 billion, approximately $3 billion. The airline service company was
Read More
Binance Reportedly Removes Restrictions on Russian Users – Exchanges Bitcoin News
The world’s largest crypto exchange, Binance, has lifted certain restrictions on Russian users, local crypto media unveiled. According to multiple reports, Russians can once again use their bank cards to make deposits and the trading platform has canceled a limit on their balances which was introduced in compliance with European
Read More
Russia Launching Payment System With ‘No Restrictions’ — Digital Currencies to Be Completely Unrestricted – Regulation Bitcoin News
Russia is launching a new payment system that is “bound by no restrictions” where digital currencies could be used in cross-border payments, said Russian Finance Minister Anton Siluanov. “Two parties come to an agreement, make settlement payments, and no other country could step in and freeze such payments,” the top
Read More
Crypto Exchange Binance Is Back In Russia, Lifts Restrictions on Russian Users: report
Users in Russia report they once again can use locally issued Mastercard and Visa cards to deposit money on the crypto exchange more than a year following a wartime prohibition on such transactions. Source
Read More
Thai SEC wants to lift restrictions on initial coin offerings
Thailand’s Securities and Exchange Commission (SEC) is preparing to soften retail investment restrictions related to initial coin offerings (ICO) to boost digital investments.The Thai securities regulator is willing to lift the limit of 300,000 baht ($8,800) for asset-backed ICOs per person, planning to allow bigger investments in real estate and
Read More
US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply – Bitcoin News
The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley Bank (SVB) and Signature Bank (SNBY), this week, with bids due by March 17. However, sources familiar with the matter said the qualifications to purchase the banks are stringent, and
Read More
HSBC, Nationwide Impose New Restrictions on Cryptocurrency Purchases in UK – Featured Bitcoin News
HSBC and Nationwide have imposed new restrictions on cryptocurrency purchases in the U.K. The two financial institutions cited a warning from the Financial Conduct Authority (FCA), the British regulator overseeing the financial services industry, regarding the risks involved in purchasing cryptocurrencies. Nationwide’s Crypto Purchase Restrictions British financial institution Nationwide Building Society allegedly
Read More