Estonia’s Ministry of Finance said on Sunday that new draft legislation for virtual asset service providers (VASPs) will not ban customers from owning or trading crypto, but the proposed requirements for VASPs could apply to decentralized wallet creators, including hefty capital requirements.Sunday’s statement came after news spread that the proposed bill would effectively ban … [Read more...] about Estonia Regulator Says No Plans to Ban Crypto
Ban
Russian Central Bank Seeks Ban on Crypto Investment: Report
The Russian central bank is looking to ban cryptocurrency investments in the country, according to a Reuters report.The central bank is in discussions with market players regarding a possible ban. If approved by lawmakers, the ban would only apply to new purchases of crypto assets not to past purchases, the report added.Russia has been vocal in its stance against against … [Read more...] about Russian Central Bank Seeks Ban on Crypto Investment: Report
‘Avoid Ban on Private Cryptocurrencies,’ Indian Technology Think Tank CIS Recommends
The Indian government should avoid a ban on private cryptocurrencies, according to a report by Indian non-profit organization Centre for Internet and Society (CIS), which has been cited by lawmakers for reference in the past.The report comes as the Indian government is looking to introduce a crypto bill that will reportedly ban most private cryptocurrencies. But first it needs … [Read more...] about ‘Avoid Ban on Private Cryptocurrencies,’ Indian Technology Think Tank CIS Recommends
Billionaire investor signals disdain for Bitcoin while admitting admiration for China’s ban
Speaking virtually at the Sohn Conference in Sydney on Friday, Charlie Munger when asked for his opinion on China and its ban he agreed with the policy of the nation, praising the Chinese government for its action.Munger called Bitcoin disgusting only a few months agoSpeaking out against crypto earlier this year, Charlie Munger expressed his “disgust” towards Bitcoin and … [Read more...] about Billionaire investor signals disdain for Bitcoin while admitting admiration for China’s ban
Billionaire Investor Charlie Munger Thinks China Was Right to Ban Bitcoin; Crypto Twitter Responds
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.@2021 … [Read more...] about Billionaire Investor Charlie Munger Thinks China Was Right to Ban Bitcoin; Crypto Twitter Responds