Not only China: Over 50 countries issued bans on crypto to date

    Over 50 countries have banned cryptocurrencies, according to a report from the Global Legal Research Directorate of the Law Library of Congress. The November report served as an update to research published in 2018, found the number of countries banning crypto “increased significantly” since the research first came out in 2018. Since 2018, “the number…

    Our Dystopian CBDC Future. Part 1

    Those looking forward to the emergence of central bank digital currencies in developed countries may be up for a very nasty surprise. The long-awaited CBDCs are likely to become one of the worst tools of mass surveillance. Have you noticed how the development of central bank digital currencies happens really slowly? Typically, we attribute it…

    DEX: big things to come

    Decentralized crypto exchanges received a powerful impetus for development amid the crackdown on cryptocurrencies in China and the overall growth of the DeFi sector. Now the main goal for them is to survive the increased attention from hackers and government regulators. Which of those is worse remains to be seen. In the wake of the…

    The “Last Chinese” Ban On Cryptocurrencies

    China once again banned almost everything cryptocurrency-related in the country. It is the state’s second attack on the crypto community this year, and it looks even more serious than the spring one. We tried to figure out what it was all about. There is a famous saying in former Soviet countries – “the last Chinese…

    Major crypto exchanges start cutting off Chinese users after Beijing bans all crypto activities

    Cryptocurrency exchanges have begun cutting links with customers in China after Beijing declared more activities related to digital coins “illegal” last week, in its latest broadside against the virtual currency industry. Huobi, one of these exchanges, said on Sunday that it would end account registrations for new mainland Chinese users. The company will also gradually…

    Crypto experts: China’s crackdown may be ‘great news for Bitcoin’

    Bitcoin may benefit from China’s recent ban of all cryptocurrency transactions, according to crypto experts. “This is great news for Bitcoin,” said Ross Gerber, Gerber Kawasaki Wealth & Investment Management CEO. “The last thing we want is China to be involved in a currency of the world.” Bitcoin price fell about 6% after China announced…