For the upcoming National Cricket Team’s sponsorship, the Board of Control for Cricket in India (BCCI) has banned certain platforms for its lead. Such platforms include cryptocurrency, betting platforms, tobacco, real-money gaming, and other alcohol brands. For a couple of years, the BCCI has barred crypto sponsorships. Back in 2021,
The UK’s Financial Conduct Authority (FCA) has proposed tough new marketing rules that include a ban on crypto incentives. The proposed rules aim to protect retail investors from potential harm by prohibiting the use of incentives to promote crypto investments. The FCA is cracking down on crypto promotions and incentives
Ron DeSantis, the 46th governor of Florida, as said before, pledges to ban the Central Bank Digital Currencies (CBDC) in Florida. Furthermore, he also states the reason as the government isn’t satisfied with cryptocurrencies since it has no authority to control or surveillance. Floridian Governor Bans Crypto On March 20,
Shaktikanta Das, the governor of the Reserve Bank of India (RBI), asserts that some G20 members want to consider outright banning cryptocurrencies. Officials from the G20’s finance ministries and central bankers appeared to be in accord about regulating the digital currency. As per the report, the G20 summit, which India
Sherrod Brown, the head of the United States Banking Committee, propounded that the Securities Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to embargo Cryptocurrency. He further stated that the Treasury Department and “all the other agencies” should evaluate any potential actions linked to the Cryptocurrency market. Brown
EU band Russia of crypto services and two more bans. Russia claims to have more than $130B in crypto and BTC. Russia’s war on Ukraine translates to the EU to take up such decisions. As Russia’s war still propagates on Ukraine, countries around the world too still continue to extend
Crypto market crashes again on January 21,2022. BTC hit a 6 months low of $38K. Leads to the entire crypto sector a liquidation of $725 million. Just when all were the high hopes for the year 2022 to brighten up, overcoming the 1st market crash of 2022, tragedy strikes again.
The regulations for cryptocurrencies from the Federal department of several countries have tightened. As an added country to the list of revised regulations, Russia has joined now as the central bank demands a crypto ban. According to the report revealed on Thursday, the central bank of Russia claims that the
The central bank’s current stance is a total rejection of all cryptos. Earlier this year, Russia’s central bank cited China and India as examples. In light of the growing number of cryptocurrency transactions, two people familiar with the Russian financial industry believe that the Russian central bank is imposing a
U.S Congress Financial Services department interiens deep into crypto space. A gathering of law makers and crypto people, CEOs of various top crypto firms discussed constructiveness towards crypto space. New laws in favour of crypto will be out soon. They say with the passage of time, time will heal everything.
