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Tag Archives: asia

India will allow Bitcoin as an asset and ban it as a currency

India will allow Bitcoin as an asset and ban it as a currency

The government of India has been undecided about regulating or banning Bitcoin (BTC) and other cryptocurrencies. But now, new information suggests that the South Asian country will finally allow BTC as an asset, like gold and bonds. However, on the other hand, the Indian government

China to launch NFTs platform, but changes name to “digital collectibles”

China blocks cryptocurrencies websites in another attempt to ban Bitcoin

In another attempt to ban Bitcoin, authorities in China blocked access to CoinGecko, CoinMarketCap and TradingView through their internet firewall. Tools that check whether China’s Internet firewall blocks websites show that the crackdown on the cryptocurrency market is intensifying. The block follows the Asian country

Binance.com will stop offering cryptocurrency services to users in Singapore

Binance.com will stop offering cryptocurrency services to users in Singapore

The world’s largest cryptocurrency exchange, Binance, continues to apply restrictions to its digital currency services in several countries amid regulatory pressure. According to a statement published on Monday, the exchange will stop offering certain services to Singaporean users on its main platform, Binance.com. Restricted services

Google receives $177 million fine in South Korea

Google receives $177 million fine in South Korea

The competition authority in South Korea has fined Google a sum of $177 million, they accused the US technology company of abusing its dominant position in the market. According to Yonhap News (via Engadget), the issue is the anti-fragmentation agreement (AFA) Google makes manufacturers sign

Bitcoin price is recovering after China new cryptocurrencies ban

Old soap: China has banned Bitcoin 5 times since 2013

From 2013 until today, China has already announced the banning of Bitcoin and other cryptocurrencies in its territory on at least 5 occasions. The most recent case occurred last week when the Asian country said it would act to crack down on mining and Bitcoin