Can the RESTRICT Act Be Used to Ban Bitcoin in America?

The RESTRICT Act might be used as grounds for banning Bitcoin in the US, but implementing a ban poses challenges. Instead, lawmakers should consider alternatives like stricter regulations or government-backed digital currencies.

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Is EU Trying to Ban Bitcoin (Again)?

There is no reason to fret about the possibility of a looming Bitcoin ban, according to a recent report

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Coinbase Investors Lost More Than $100 Million After Another "China Bitcoin Ban"

Coinbase bonds are dropping following Chinese Bitcoin ban

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Early crypto exchange boss says China remains 50/50 on outright Bitcoin ban

The co-founder and former CEO of crypto exchange BTCC, Bobby Lee, said Beijing could move to ban Bitcoin entirely. The post Early crypto exchange boss says China remains 50/50 on outright Bitcoin ban appeared first on CryptoSlate.

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BTC dumps after Agricultural Bank of China issues, deletes, and reissues Bitcoin ban notice

The Agricultural Bank of China (ABC) published a Bitcoin (BTC) ban announcement, restating its services must not be used for cryptocurrency-related transactions and activities, only to delete it within minutes, pause for a few hours, and then publish the ban all over again.

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Dutch Official Gives Reasons Why The Netherlands Should Ban Bitcoin In Its Entirety Immediately

Several people have poured their criticism on the call for the Netherlands government to ban Bitcoin and cryptocurrencies, as opinionated by Pieter Hasekamp, the director for Central Planning Bureau – a leading economic policy research institute in the country.

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Regulators Cannot Actually Ban Bitcoin

There are various aspects of the technology that make an outright ban on bitcoin unfeasible.

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Iranians Now Have to Buy Bitcoin, Can’t Mine After Temporary Ban

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Tyler Winklevoss thinks Bitcoin is past the risk of a US ban

Bitcoin has likely become too interwoven into the world for a ban to be plausible, says the Gemini CEO.

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Hedge FUD manager: Ray Dalio says ‘good probability’ of a US Bitcoin ban

The U.S. could repeat its 1930s ban on gold ownership but for Bitcoin.

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Moroccans Increasingly Buying Bitcoin Despite Government’s Crypto Ban 

While the Moroccan government has since placed a blanket ban on bitcoin (BTC) and other cryptocurrencies, residents are increasingly buying and trading these digital assets via peer-to-peer channels.

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Bitcoin Will Persist In Nigeria, But The Ban Changes Things

Cryptocurrency trades were central to Nigeria before an exchange ban reminder was recently issued. So, how will things change now? The post Bitcoin Will Persist In Nigeria, But The Ban Changes Things appeared first on Bitcoin Magazine.

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Financial Advisor Urges UK Government to Ban Bitcoin

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Trump could ban Bitcoin like e-cigarettes, says prominent venture capitalist

Thomas Lee, the managing partner at Fundstat Global, believes the While House could issue an executive order banning Bitcoin and other cryptocurrencies. While Lee noted that he wasn’t expecting it “as of now,” the ban imposed on e-cigarettes means the U.

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Trump could ban Bitcoin like e-cigarettes, says prominent analyst

Thomas Lee, the managing partner at Fundstat Global, believes the While House could issue an executive order banning Bitcoin and other cryptocurrencies. While Lee noted that he wasn’t expecting it “as of now,” the ban imposed on e-cigarettes means the U.

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Trump ‘Will Ban’ Bitcoin When Price Reaches $100,000

Bitcoin could see a total ban in the United States if its price reaches $100,000, a well-known industry commentator has warned.   Tom Lee: ‘Nothing Out Of Reach’ For US Gov’t In a Twitter debate about Washington’s snap ban on flavored e-cigarettes on Sept.

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India’s Apex Tech Body Lambasts Govt’s Proposed Bitcoin Ban

As the Indian government considers banning bitcoin and cryptocurrency trading and holding, Nasscom, the country’s top software, and information technology body has spoken out against the proposal.

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Trump Has the Power to Ban Bitcoin, But Can He Really Do It?

Coinspeaker Trump Has the Power to Ban Bitcoin, But Can He Really Do It?Trump says that he is not a fan of cryptocurrencies, especially Bitcoin, but can he ban its transactions and operations in the United States or Congress stands in his way legally?Trump Has the Power to Ban Bitcoin, But Can He Really Do It?

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Popular Aussie commentator calls for ban on Bitcoin and its imitators citing an episode of ‘Billions’

Following a correction wave and some pullback, the world’s largest cryptocurrency is surging again. This has caused many to turn bullish about the coin again. However, award-winning Australian journalist and the owner of financial services company Switzer Financial Group, Peter Switzer, thinks otherwise, after he called for a ban on Bitcoin and other cryptocurrencies.

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This Time It’s German Politicians Mulling a Bitcoin and Crypto Ban…

Recently, there has been an uptick in the numbers of notable people publicly discussing some form of ban on crypto assets such as Bitcoin. The latest comes from Germany, where one of the nation’s left wing parties is in favour of attempting to outlaw digital currency across Europe.

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US Congressman Makes a Stand Again Against Advocating for a Bill to Ban Bitcoin, Outlaw Cryptos

Everybody knew this was coming sooner or later. After Bitcoin and the other cryptos getting famous, people would obviously want to ban them sometime. It is almost a natural move. Something cool and revolutionary appears and eventually people believe that it is too good to be allowed, so they want to ban it. Bitcoin Hater […]

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Ban Bitcoin! Urges Congressman After Realizing It Can ‘Disempower’ the US

It’s not often that politicians tell the truth, the whole truth and nothing but the truth. But US Congressman, Brad Sherman, yesterday introduced a bill to ban bitcoin basically because it erodes the US government’s power internationally.

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Democratic Congressman Wants to Ban Cryptocurrencies to Keep U.S. International Power

Bradley James Sherman, a Democratic Representative from California, is urging the other Congressmen to join him and work towards outlawing cryptocurrencies in the United States. He is seeking a bill that would stop US citizens from purchasing or dealing with cryptocurrencies, due to the potential threat it poses to the US Dollar as the sovereign […] Democratic Congressman Wants to Ban Cryptocurrencies to Keep U.

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Facebook Relaxes Ban on Cryptocurrency Ads As the Tech Giant Forges Ahead With Its Own Blockchain Project

Facebook, one of the big four tech companies, announced on May 8 via a blog post that it is relaxing its policy on ads related to cryptocurrency, blockchain technology, and financial products and services.

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Twitter’s Stock Could Feel More Love if Jack Dorsey Would OK Crypto Ads

By CCN: Twitter needs to update its restricted content policies for financial products and services as it relates to crypto. The company is behind the times now that Facebook has decided to loosen up about the market.

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Facebook Softens Ads Policy Amidst Stablecoin Launch

After placing an outright ban on all forms of cryptocurrency and distributed ledger technology (DLT) related advertisements last year, social media giant, Facebook has announced an update to its policy to enable some “clean” digital assets and blockchain related ads to fly once again on its platform, according to a blog post on May 8,Read MoreRead More.

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Zebpay CEO: India Bitcoin Ban Fears Unfounded

Zebpay CEO, Ajeet Khurana, says he doesn’t believe India would ban bitcoin despite numerous reports in the media that the government is considering a blanket cryptocurrency prohibition. Meanwhile, Khurana’s Zebpay is set to expand operations into Australia, a country currently experiencing increased cryptocurrency adoption.

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Bitcoin Bros’ Silence to Coinbase Ban of Milo Yiannopoulos Is Deafening

By CCN: Bitcoin evangelists’ silence in the face of Coinbase banning gay Jewish conservative activist Milo Yiannopoulos is deafening. Their refusal to condemn the ban undercuts the myth of crypto as a foil to traditional banking institutions.

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WeChat Bans Bitcoin, Binance CEO Explains Why It’s Bullish for Crypto

By CCN: Always the optimist, Binance CEO Changpeng “CZ” Zhao sees a silver lining in the wake of WeChat’s recent ban on crypto trading activities. According to a tweet today by Dovey Wan, founding partner of Primitive Ventures, the Chinese social media company released an updated payment policy which states that it will terminate merchant accounts that participate in cryptocurrency transactions.

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WeChat Updates Policy Statement: Bans Bitcoin Transactions

News from China reveals that Chinese instant messaging giant, WeChat, has prohibited bitcoin and cryptocurrency transactions, following an upgraded payment policy. This latest move by the company would adversely affect over-the-counter (OTC) and peer-to-peer traders who depend on these platforms to do business.

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If Paper Money Is Banned From Large Transactions, Can This Be A Bullish Sign For Cryptos?

Many societies are currently moving towards the so-called cashless society. Will Bitcoin be a part of this trend? In order to discover this, we have to look at this trend closely. Australia, for instance, is about to ban cash for large transactions.

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Bitcoin [BTC]: Cash booted out of large-scale transactions, bullish sign for cryptocurrencies?

With the fervent wave of development ensconcing global economies of the world, the overwhelming goal stated by most is that of a “cashless society. ” Australia, is one such example, with the island country months from enforcing an actual ban on cash-based transactions over AUD $10,000.

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India's Bitcoin love story to end in break-up?

The Indian government has begun inter-ministerial consultations on a draft bill to ban crypto assets. The news comes as a further blow to the large Indian bitcoin community after the Reserve Bank of India issued a bitcoin banking ban in 2018.

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Bitcoin Standard Author Saifedean Ammous Talks About Government’s Crypto Regulation Options

The recognized economist and author of the Bitcoin Standard, Saifedean Ammous, talked with Stephen Livera’s podcast about different subjects that included government regulation, the expansion of virtual currencies and hyperbitcoinization.

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State of Cryptocurencies and Blockchain Technology in India

After the recent announcement of a bill that will potentially ban virtual currency in India, BTCManager has summarized reports from the Reserve Bank of India (RBI) and the litigation surrounding the current blanket ban.

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Are Tether Fears Good For Bitcoin?

Looking back on the 2017 bull run, there were three big events which preceded bitcoin’s parabolic rise:  China banning cryptocurrency Extreme Tether uncertainty Jamie Dimon swearing to fire any bitcoin trader “in a second.

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Bitcoin (BTC) Under Pressure, Reversing Apr-25 Losses Critical

Bitcoin prices may slide below $5,000 To protect investors, an Indian government official suggests banning of cryptocurrencies An Indian official believes cryptos including Bitcoin are Ponzi schemes that the country’s regulator should ban.

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Awkward Moment Arises When Facebook Blocks an Australian Restaurant Ad Under its Bitcoin Ban

We are led to believe that social media companies like Facebook, Google and Twitter can be trusted with moderating and policing content for the vast majority of its user content. But between its decision to cite the United States Declaration of Independence as ‘Hate Speech,' and now this, there are no trusting mainstream companies. Origin […]

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Twitter Shenanigans and Tether Probe in the Weekly Video Update From Bitcoin.com

Cryptocurrency advocates try to get the CEO of Twitter to ban @Bitcoin and the New York Attorney General goes after the company behind Tether. This and more in the weekly video news update on Bitcoin.

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India Considering Harsh Restrictions On Cryptocurrency

India has never been known as a crypto-friendly country, but now things might be about to get way worse for Indian cryptocurrency enthusiasts. The Indian government is thinking about implementing a new ban on Bitcoin and other digital assets.

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Thailand’s ban on crypto was always meant to be a temporary solution, says Thai SEC’s FinTech Director

Thailand was one of the nations to initially impose a ban on the use of cryptocurrencies, before permitting it with regulations in place. The Thai Securities and Exchange Commission [SEC] clarified that crypto-exchanges must seek approval from Thailand’s SEC and also provided an approved list of cryptocurrencies for the crypto-community.

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Bitcoin Mining Ban in China: What Can’t Be Controlled Must Be Banned, No Connection to Environment

China is considering banning Bitcoin miners, citing environmental issues as the reason; in reality the situation is different, writes Forbes

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India Banning Bitcoin is Becoming Highly Likely, New Bill Introduced

The Indian inter-ministerial committee has drafted a bill to ban cryptocurrencies like bitcoin. Subhash Chandra Garg, the Finance Secretary who led the committee, has previously gone on record to warn of the folly of investing in cryptocurrencies.

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Indian Government Mulling Blanket Ban on Cryptocurrencies

The government of India has drafted a bill to completely ban cryptocurrencies and regulate official digital currencies, reports The Economic Times, April 26, 2019. Things Go from Bad to Worse Since its inception, the growth of the Indian cryptocurrency ecosystem has been continually stalled due to government and Reserve Bank of India (RBI) diktats.

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Bitcoin Ban Blues? India Reportedly Weighs Draconian Law to Ban Cryptocurrency

By CCN. com: The Indian government is working on a draft bill that would impose an outright ban on cryptocurrencies such as bitcoin, as reported by The Economic Times, in what would be the final blow to the future of crypto in the country.

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China and India Might Be The First To Ban Cash and This Is When Bitcoin Really Clicks in People’s Minds, Says Bitmex CEO

BitMEX CEO, Arthur Hayes, said in an interview on the Venture Coinist podcast that India and China may be… The post China and India Might Be The First To Ban Cash and This Is When Bitcoin Really Clicks in People’s Minds, Says Bitmex CEO appeared first on Invest In Blockchain.

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India is Preparing a ‘Banning of Cryptocurrencies’ Bill

Bitcoin stakeholders in India are decrying the decision by the country’s central bank to exclude cryptocurrency-related businesses in its recently released regulatory sandbox for fintech firms. Meanwhile, reports have emerged that the government is looking to ban cryptocurrencies entirely.

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Indian Government Progressing on Crypto Regulation Amid Ban Rumor

The Indian government has been progressing on cryptocurrency regulation. A recent report from the Ministry of Finance confirms some recommendations. Meanwhile, local media reported Friday that a draft bill on the regulatory framework for cryptocurrencies is being circulated among relevant government departments.

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India Progressing on Crypto Regulation Amid Ban Rumor

The Indian government has been progressing on cryptocurrency regulation. A recent report from the Ministry of Finance confirms some recommendations. Meanwhile, local media reported Friday that a draft bill on the regulatory framework for cryptocurrencies is being circulated among relevant government departments.

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