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China still controls 55% of Bitcoin hashrate despite crypto ban

[Sep 23 2:18 PM] China remains a major player in the Bitcoin mining industry despite imposing a blanket ban on cryptocurrencies in 2021.

Chinese gov't mulls anti-money laundering law to 'monitor' new fintech

[Sep 14 9:45 PM] According to the Chinese government, 1,391 individuals have been prosecuted on money laundering-related charges in the first half of 2024.

Australia cracks down on online gambling with crypto, credit card ban

[Jun 11 1:40 AM] The government warned betting companies that failing to comply with the new rules could result in a fine of up to 234,750 Australian dollars ($155,000).

Paraguay seizes 2,738 ASICs as power theft crackdown continues

[May 31 2:05 PM] Power-intensive crypto mining is controversial in Paraguay, where an attempt at crypto regulation was vetoed because of it.

Chinese police bust $1.9B USDT underground banking racket

[May 16 2:00 AM] The authorities destroyed two underground operations in Fujian and Hunan, and the police also froze 149 million yuan worth $20 million linked to the USDT banking operations.

Nigeria Lifting Ban on Bank Accounts for Crypto Firms Could Lead to Usage 'Surge'

[Dec 27, 2023 8:58 AM] Pan-African exchange Yellow Card has said it will seek licensing in the country.

Petition to Stop Proposed Crypto Ban in US Gains Traction

[Dec 23, 2023 5:30 PM] A petition to stop a proposed crypto ban in the U.S. has gained traction. The Chamber of Digital Commerce explained that the Digital Asset Anti Money Laundering Act, introduced by Senator Elizabeth Warren and currently supported by 19 U.S…

Africa’s Crypto Market Grew by 1,200% Between 2020 and 2021 — Study

[Jul 1, 2023 2:30 AM] Between the years 2020 and 2021, Africa’s cryptocurrency market grew by more than 1,200% while Kenya, Nigeria, South Africa, and Tanzania now all feature in the global top 20 for crypto adoption, according to the latest Emurgo State of Web…

IMF Economists Say Countries Should Address Crypto Demand Drivers Instead of Banning

[Jun 22, 2023 10:00 PM] The International Monetary Fund’s (IMF) economists have cautioned that banning cryptocurrency “may not be effective in the long run.” Instead of outlawing crypto, they suggest countries should address “the drivers of crypto demand…

Chair of EU Parliament’s Committee on Budgets Calls for Crypto Ban Amid Banking Turmoil

[Mar 19, 2023 1:00 AM] A European lawmaker has urged authorities to impose a ban on cryptocurrencies citing the current crisis in the banking sector as a reason. Johan Van Overtveldt, former finance minister of Belgium, believes these assets bring no economic or social…

Janet Yellen Says ‘Critical’ to Establish Strong Crypto Regulation — ‘We Haven’t Suggested Outright Banning’

[Feb 26, 2023 9:00 PM] U.S. Treasury Secretary Janet Yellen says “it is critical to put in place a strong regulatory framework” for crypto on the sidelines of the G20 meeting for finance ministers and central bank governors. “We haven’t suggested…

Hong Kong’s crypto ambition gets subtle nod from Beijing: Report

[Feb 20, 2023 11:39 PM] While China has cracked down on cryptocurrencies in the mainland, it's apparently taking a softer approach to Hong Kong's crypto hub aspirations.