New York State Senate Passes Crypto Mining Moratorium Bill

The New York State Senate has passed a bill that will ban most cryptocurrency mining. Bill Would Ban NY Crypto Mining A bill placing a two-year moratorium on Proof-of-Work cryptocurrency...

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New York senate passes bill that could ban crypto mining in the state

Lawmakers in New York passed a bill that would ban new Proof-of-Work (PoW) mining operations from setting up shop in the state. The post New York senate passes bill that could ban crypto mining in the state appeared first on CryptoSlate.

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Bill Seeking Two-Year Bitcoin Mining Ban Just Passed In New York State Senate

The New York State Senate voted to pass a bill early on Friday that would essentially put a two-year ban on all new proof-of-work (PoW) bitcoin mining facilities within the state that utilize non-renewable energy to power their activities.

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Proof-of-Stake (PoS) tokens to get after potential ban of PoW

The New York Senate approved a bill that would ban crypto mining in the state following an early vote. The bill is now headed to Governor Kathy Hochul, who can veto the bill and sign it into law.

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US Lawmakers Are Making Moves To Ban China’s Digital Yuan From App Stores In The Country With New Bill

A trio of Republican lawmakers are making a move to limit the use of the digital yuan in American cyberspace. The lawmakers argue that the digital yuan could be used to spy on American citizens. While the US has stalled in its CBDC development, China has made significant strides with its digital yuan. China’s digital […]

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U.S. Bill Seeks to Ban China’s Digital Yuan From App Stores, Chinese Embassy Calls It ‘Bullying’

Three U.S. senators introduced a bill that would prohibit U.S. based platforms from enabling transactions that support China's digital yuan. The post U.S. Bill Seeks to Ban China’s Digital Yuan From App Stores, Chinese Embassy Calls It ‘Bullying’ appeared first on BeInCrypto.

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U.S Bill Seeks to Ban China’s Digital Yuan From App Stores, Chinese Embassy Calls It “Bullying”

Three U.S. senators introduced a bill that would prohibit U.S. based platforms from enabling transactions that support China's digital yuan. The post U.S Bill Seeks to Ban China’s Digital Yuan From App Stores, Chinese Embassy Calls It “Bullying” appeared first on BeInCrypto.

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Norwegian Bitcoin Mining Ban Was Struck Down

A bill banning bitcoin mining, authored by the communist party in Norway, was struck down by a majority vote in the Norwegian parliament.

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What a Mining Moratorium Could Really Mean for New York’s Crypto Industry

The New York Senate is considering a bill that would ban new proof-of-work mining operations using non-renewable energy sources. The crypto industry fears it might harm the sector irreparably.

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New York Assembly passes bill to temporarily ban Bitcoin mining

The New York State Assembly has passed a mining moratorium bill to pause all crypto mining development for two years. The post New York Assembly passes bill to temporarily ban Bitcoin mining appeared first on CryptoSlate.

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New York State Assembly passes ban on new BTC mines that don’t use green power

The bill will now be carried with support to the State Senate for passing before a final sign-off into law by Governor Hochul.

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Bitcoin Mining Ban Bill Makes It Out of New York State Assembly Committee

The bill aims to put in place a two-year moratorium on the kind of crypto mining used to secure the Bitcoin network.

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Bitcoin Ban Makes Its Way Back Into EU Crypto Bill

A watered-down amendment limiting the use of proof-of-work cryptocurrencies has made it to the final draft of the MiCA framework

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European Parliament postpones crypto bill vote over proof-of-work

“It is crucial for me that the MiCA report is not misinterpreted as a de facto Bitcoin ban,” said Stefan Berger.

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India Publishes Bill Legalizing Bitcoin

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Estonia’s Ministry of Finance says it does not plan to ban cryptos

Estonia’s Ministry of Finance does not plan to ban citizens from HODLing or trading cryptos. The ministry disclosed this news through a press release on January 2, noting that the recently approved draft bill on legislating virtual asset service providers (VASPs) only seeks to minimize the risk of financial crimes.

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The Estonian government is not banning crypto, but drafts legislation to tighten regulation

Estonian Ministry of Finance released an official clarification of the recently submitted draft legislation that stirred up rumors about a possible ban on cryptocurrencies.  According to the rebuttal, the bill, which still needs to undergo three parliament readings, was drafted and submitted in a bid to tighten the existing crypto service providers licensing, and will […] The post The Estonian government is not banning crypto, but drafts legislation to tighten regulation appeared first on CryptoSlate.

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Crypto bill alleging banning private crypto was a “mistake,” ex-Indian minister says

In an interview held with News18, Subhash Garg, the former finance secretary of India, said that the news regarding India imposing a blanket ban on private crypto might be misleading considering the bill which has not yet been discussed in the parliament or has received any governmental input.

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India’s crypto bill creator claims there is a lot of misinterpretation

Subhash Garg, India’s former Finance Secretary and the creator of the country’s crypto bill, claims the belief that the government will ban private cryptos is a misinterpretation of the bill.

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India misinterpreted private crypto ban, says crypto bill creator

Former finance secretary of India Subhash Garg clarified that “it is misleading to say that private cryptocurrencies will be banned.”

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India could opt for tougher crypto regulations rather than an outright ban, says Zebpay co-CEO

India’s government has outlined plans that could see a new bill propose the banning… The post India could opt for tougher crypto regulations rather than an outright ban, says Zebpay co-CEO appeared first on Coin Journal.

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The aftermath of India’s banning crypto

India is moving forward with its plan to ban most cryptocurrencies under a long-awaited bill, the BBC wrote. If the ban is passed, all private cryptocurrencies will become illegal, with certain exceptions allowing for the promotion of the underlying tech.

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India targets Bitcoin and crypto again in latest ban wave

As per the local news source, NDTV, India might ban all major crypto assets when it introduces the new “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021″ this winter.

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India Preparing Bill to Ban Private Cryptocurrencies

The Indian government is preparing to regulate cryptocurrencies in a bill expected to be presented November 29. The post India Preparing Bill to Ban Private Cryptocurrencies appeared first on BeInCrypto.

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“This Is Not The End”, — WazirX CEO Nischal Shetty On India’s Latest Bill To Ban Almost All Cryptocurrencies

The Indian cryptocurrency market is not on the verge of breaking down following yesterday’s announcement that a bill that limits crypto usage will be introduced in parliament later this month. Nischal Shetty who is the Founder and CEO of one of the largest Indian-based cryptocurrency exchanges WazirX has spoken about the fears arising from this […]

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India makes new steps as it moves towards this winter’s crypto ban

After China banned pretty much everything crypto-related earlier this year, India started moving in the same direction. Now, its government is preparing for new crypto crackdowns as the lond-pending bill that will ban cryptocurrencies in the country approaches.

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Hopes Of A Progressive Approach Die As Indian Government Seeks To Ban Most Cryptocurrencies In New Bill

The Indian government is set to impose an outright ban on almost all private digital currencies including bitcoin and ethereum. This is according to a highly-anticipated bill that has been submitted for deliberation during the upcoming winter session of the parliament that starts November 29.

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Ukraine: New bill might soon make it 'quite legal to pay with cryptos'

While many countries are trying to ban cryptocurrencies due to economic concerns, Ukraine has taken a positive step towards legalizing cryptocurrencies. According to the Deputy Minister of Ukraine's MThe post Ukraine: New bill might soon make it 'quite legal to pay with cryptos' appeared first on AMBCrypto.

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“Backdoor Bitcoin Ban?” Infrastructure Bill Creator Rob Portman Unveils Competing Amendment at the Last Moment

Senator Rob Portman’s amendment, which supports PoW chains but punishes those using PoS protocol, for now, has gained support from Mark Warner, Kyrsten Sinema, and most importantly, the White House.

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Iran orders even licensed crypto miners to immediately stop production

Iran has recently started making a number of moves to take crypto mining under control. After a recent bill that threatened to ban all foreign-mined cryptocurrencies, the country has now once again ordered its local miners to stop production immediately.

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New Bill to Ban Crypto Payments in Iran, Support Mining and Regulate Exchange

Urged by the growing popularity of cryptocurrencies, Iranian lawmakers have prepared new legislation to introduce comprehensive rules for the expanding industry. While the bill effectively bans crypto payments in the country, it aims to support cryptocurrency mining and regulate the exchange market.

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Iran To Ban The Use Of Crypto In Payment Transactions

In what might be yet another door slamming shut to the use of cryptocurrencies including bitcoin for payments in mainstream commerce, Iranian lawmakers have drafted a bill dubbed “Support for Cryptocurrency mining and organizing the domestic market for exchanges” that will bar cryptocurrency payments throughout the country.

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Proposed bill in Iran could ban all foreign-mined cryptocurrencies

Lawmakers seem to be attempting to establish a legal framework behind a Central Bank of Iran decision for people to only use crypto from state-licensed mining operations for payments.

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Iranian Draft Bill to Regulate Crypto, Ban Bitcoin Payments

A bill drafted by the Iranian Parliament’s Economic Commission is to set out a framework for regulating cryptos that includes plans to develop a national cryptocurrency. The bill titled “support...

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Iran Plans to Ban Bitcoin Payments

A draft bill prepared by Iranian lawmakers bans the use of all non-national cryptocurrencies for payments

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Indian Government Review Bill That Proposed Ban on Cryptocurrencies

It has been reported that the Indian government and top industry stakeholders are revisiting provisions of the law that advocated a ban on cryptocurrency. The bill in question is dubbed the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 that was developed years back but never introduced during parliament’s budget session. Bloomberg Quint recentlyRead More

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NY Authorities Pass Bill to Support Green Energy Bitcoin Mining

New York authorities have soft-pedaled on the move to completely ban bitcoin (BTC) mining activities in the state via bill 6486 proposed by Senator Keven Parker earlier in May 2021. The bill has now been amended to allow only bitcoin mining operations powered by renewable energy to operate in the state.  New York Bitcoin MinersRead More

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India to reportedly ditch Bitcoin ban agenda in favor of asset classification

Indian state officials are reportedly no longer keen on banning Bitcoin and a crypto regulatory bill may be up for discussion during the Monsoon Session of Parliament.

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New York State Waters Down Bill Seeking To Ban Bitcoin Mining Over Environmental Concerns

New York state senators walked back portions of a bill seeking to pause bitcoin mining, now attempting to block only carbon-based operations.

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Former Finance Secretary Urges Indian Government to Encourage Crypto Services, Regulate Cryptocurrencies

Former Finance Secretary Subhash Chandra Garg, who headed the committee that drafted India’s cryptocurrency bill, says that the government should not ban cryptocurrencies but regulate them instead.

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India Is Scoring Big On The Crypto Front Despite Looming Government Crackdown

In the past few days, there has been a rapid pace of developments on the cryptocurrency front in India. These developments make the cryptocurrency story in India queerer. Background Earlier this year, the central government was planning to bring a bill in the parliament to ban cryptocurrencies and introduce necessary policy frameworks for the launch […]

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Indian Government Open to Exploring Cryptocurrencies — Finance Minister Offers New Clues About Crypto Regulation

The Indian finance minister has finally revealed clues about what is in the cryptocurrency bill that is due to be introduced in parliament. Mentioning no crypto ban, she said that the government will take “a very calibrated” approach to cryptocurrencies.

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India Banning Cryptocurrencies Could Backtrack the Nation in Financial Innovation

India changed a banking ban on crypto trading in March 2020. The government has openly spoken about introducing its cryptocurrency while banning others in the unknown Crypto and Regulation of Official Digital Currency 2021 Bill.

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Crypto bank opens physical location in India's capital as potential regulatory ban looms

Unicas is planning to open 50 banks in India by the end of the year, but a proposed bill banning crypto could complicate matters.

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Here's why this billionaire wants regulators to ban Bitcoin in India

As regulators in India mulling over a bill that could ban cryptocurrencies, an Indian billionaire is looking forward to the same.  Rakesh Jhunjhunwala, who has a $3.8 billion net worth, called forThe post Here's why this billionaire wants regulators to ban Bitcoin in India appeared first on AMBCrypto.

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Exchanges warn that Hong Kong's crypto retail trader ban could backfire

Crypto industry concern mounts ahead of the likely introduction of a bill to ban retail traders from cryptocurrency activities in Hong Kong.

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Report: India Prepares Bill To Ban Cryptocurrency; HODLers to Be Given Transition Period

An anonymous Indian official has said the country’s parliament will soon impose a blanket ban on crypto trading, mining, and investments in the country and give hodlers three-to-six months to liquidate.

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Indian Government to Discuss Bill Proposing Private Cryptocurrency Ban

Local media outlets in India are reporting that the Indian government plans to ban all private cryptocurrencies. According to a report from Medianama published on Feb. 9, Finance Minister Nirmala Sitharaman told the Parliament that cryptocurrencies were not legal tender.

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Indian Crypto Industry Reacts as Government Presents Bill to Ban Digital Assets

Sadly, this year has come with a jolt of reality, showing that all the progress of 2020 was essentially fruitless. Yes to a CBDC, No to Private Cryptos Earlier this year, the Lok Sabha Bulletin confirmed that the Indian government had introduced a new draft regulation that will see the country ban all private cryptocurrencies […] The post Indian Crypto Industry Reacts as Government Presents Bill to Ban Digital Assets first appeared on BitcoinExchangeGuide.

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