Bitcoin Ban | ForkLog

ForkLog 9 22.01.2022

Pavel Durov criticises Bank of Russia proposal to ban cryptocurrencies and mining

Telegram founder Pavel Durov criticised the Bank of Russia's proposal to ban mining and cryptocurrency operations in Russia. He said this would drive IT specialists out of the country and wipe out high-tech sectors.

AI translated

ForkLog 9 20.01.2022

Experts: banning bitcoin operations in Russia would be a step toward the country’s hopeless technological lag

The Bank of Russia's proposed full ban on the circulation of cryptocurrencies within the country will inevitably provoke an outflow of talent and capital, but the established market will not be killed. This is what ForkLog told experts surveyed.

AI translated

ForkLog 13 20.01.2022

Bank of Russia proposes ban on issuance, circulation and mining of cryptocurrencies in Russia

Bank of Russia proposed to impose a ban on issuance, circulation and exchange of cryptocurrencies, as well as on organising related operations within the territory of the Russian Federation. This is stated in the regulator's published report 'Risks of cryptocurrencies and possible regulatory measures'.

AI translated

ForkLog 6 20.01.2022

Kremlin declines to comment on rumors of a full ban on cryptocurrencies in Russia

The Kremlin's press secretary, Dmitry Peskov, redirected the question about a potential ban on cryptocurrencies in Russia to the central bank.

AI translated

ForkLog 14 20.01.2022

FSB strikes deal with central bank to ban Bitcoin transactions in Russia

According to Bloomberg, the FSB persuaded the head of the Bank of Russia, Elvira Nabiullina, to back a full ban on cryptocurrency transactions in Russia.

AI translated

ForkLog 10 17.12.2021

IMF Urges Regulation Over Ban on Cryptocurrencies

In the event of a ban on cryptocurrencies, countries would lose control over the industry, so regulation—not repression—should be pursued, IMF Chief Economist Gita Gopinath said.

AI translated

ForkLog 11 16.12.2021

Experts say a Bitcoin ban in Russia would make little sense

If cryptocurrencies were fully banned in Russia, their holders would go underground, and the state would lose the ability to collect taxes from this market. This is the view expressed by experts interviewed by ForkLog.

AI translated

ForkLog 10 16.12.2021

Media reports on plans by Russia’s central bank to ban investments in cryptocurrencies.

The Bank of Russia intends to ban investments in cryptocurrencies due to risks to financial stability amid the rise in transactions with digital assets. Reuters reports, citing two sources close to the regulator.

AI translated

ForkLog 13 03.12.2021

Media: India to regulate cryptocurrencies rather than ban them

Indians will be required to disclose information about their digital assets and transfer them to SEBI-regulated Bitcoin exchanges. The details are contained in a memo accompanying the government’s cryptocurrency bill under consideration, NDTV reports.

AI translated

ForkLog 14 26.11.2021

China restricts access to mining-pool domains and cryptocurrency media

One of China's cryptocurrency news portals Chainnews reported a shutdown after local users lost access to the site's website and app, as well as to its competitors ODaily and BlockBeats. At the same time, providers began blocking access to mining-pool domains, The Block.

AI translated

ForkLog 7 24.11.2021

Bitcoin in India trades about 15% below global levels

On November 24, the prices of major cryptocurrencies on platforms in India traded below global levels. Local traders reacted to media reports that a draft bill regulating digital assets would be prepared by February 2022.

AI translated

ForkLog 8 06.10.2021

Gary Gensler: SEC Has No Plans to Ban Cryptocurrencies

The U.S. Securities and Exchange Commission (SEC) has no plans to ban cryptocurrencies; that is a prerogative of Congress. Gary Gensler, the regulator's head, said this.

AI translated

#Bitcoin Ban