Banned Bitcoin News

Bitcoin’s legal status varies from country to country and causes a lot of complications in financial and taxation systems. Bitcoin itself is not banned in most countries, but its status differs and is under different types of regulations. There are still some governments that have yet to establish any regulations and policies toward Bitcoin, but most governments have already came up with various types of policies. Bitcoin is rarely banned as means of payment between private parties, but it is common for the usage of Bitcoin to be banned for financial institutions and businesses. For example, Bitcoin is banned for Chinese financial firms and both Canadian and Indian banks. The main causes of Bitcoin being banned are governmental concerns about money laundering, terrorism funding and tax evasion performed with various cryptocurrencies, including Bitcoin.
News
The top 20 cryptocurrencies report sharp losses — Bitcoin falls under $3,900 after breaking the $4,150 mark earlier today.
Bitcoin Drops Sharply to Below $3,900, Total Market Cap Sheds $15 Billion
Adrian Zmudzinski
2019-02-24T17:25:00+00:00
26081
News
The People’s Bank of China states that the yuan now accounts for less than 1% of global Bitcoin trades, local sources report.
Chinese Yuan Now Accounts for Less Than 1% of Bitcoin Trades, Says PBoC Report
Marie Huillet
2018-07-09T19:20:00+01:00
15058
Analysis
Seizure of Crypto, what governments and police do with arrested Bitcoins.
Crypto Auctions: Where Do Arrested Bitcoins End Up?
Robin La Quercia
2018-04-29T20:20:00+01:00
29832
News
The High Court of Delhi has reportedly sent a notice to the Reserve Bank of India in response to a company’s petition that the bank’s crypto ban is unconstituti...
India: Delhi High Court Seeks Response From Central Bank On Recent Crypto Ban, Report Says
Molly Jane Zuckerman
2018-04-22T15:25:00+01:00
28087
News
Bitcoin has fallen slightly below $7,000, and ETH remains close to $400, after a week of mixed news in the crypto ecosystem.
Bitcoin, Ethereum Prices Remain Steady Despite ‘Crypto Ban’ From India’s Central Bank
Molly Jane Zuckerman
2018-04-07T13:20:00+01:00
54452
Follow up
Social media platforms like Facebook have banned cryptocurrency related advertising, while the brains behind the platforms believe this technology can revolutio...
Facebook, Google and Twitter Ban Ads, But Do Their Founders Really Dislike Crypto?
Gareth Jenkinson
2018-03-27T19:30:00+01:00
23709
Analysis
Bitcoin has taken some knocks through January, but not all of them are legitimate punches.
Black January: Why is Bitcoin in Such a Bad Way?
Darryn Pollock
2018-02-02T15:00:00+00:00
95750
The panic button was well and truly mashed, but it seems that it could well have been yet another false alarm.
Green Light for Crypto: Market Gets Back on Its Feet
Darryn Pollock
2018-01-18T12:44:00+00:00
104536

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