Dapper Labs’ popular NBA Top Shot non-fungible token (NFT) marketplace froze the account of a user whose handle is a reference to the basketball league’s fraught history with China.After submitting a photo of their passport in an attempt to cash out the account’s balance, a user with the name “FreeHongKong” was banned by Dapper’s support team for “providing false or misleading … [Read more...] about NBA Top Shot Bans User ‘FreeHongKong’
Bans
Huobi bans crypto derivatives trading for users in China
Crypto exchange platform Huobi has updated its user agreement document, banning crypto derivatives trading for customers in China.According to the updated user agreement section of the Huobi Global website, the ban on crypto derivatives trading covers users in jurisdictions like China, Taiwan, Israel and Iraq. Other banned countries include the United Kingdom — restricted to … [Read more...] about Huobi bans crypto derivatives trading for users in China
Iran government reportedly bans local blockchain association
The Ministry of Interior of the Islamic Republic of Iran has blocked the activities of the Iran Blockchain Community (IBC), but the association claims they still haven’t received direct notice.The Social Affairs Organization of the Ministry required reports on IBC’s financial performance and dealings with cryptocurrency exchanges via a notice posted in local newspaper Hamshahri … [Read more...] about Iran government reportedly bans local blockchain association
UK bans Luno’s ‘time to buy Bitcoin’ ads, calls them “irresponsible”
The UK’s Advertising Standards Authority (ASA) has banned a series of popular Bitcoin ads in the country citing irresponsibility, a report on national news outlet The Guardian said today.UK ad regulators told Luno its posters on the tube saying, ‘If you’re seeing Bitcoin on the Underground, it’s time to buy’ are misleading because they ‘irresponsibly suggested that engaging in … [Read more...] about UK bans Luno’s ‘time to buy Bitcoin’ ads, calls them “irresponsible”
Bitcoin (BTC) Dips to $60k as Turkey Bans Crypto as a Form of Payment
Turkey has announced a move to ban cryptocurrencies as a form of paymentThe Turkish Central Bank cites that cryptocurrencies can cause ‘non-recoverable’ losses due to their level of anonymityThe crypto ban in Turkey begins April 30thBitcoin has dropped from $63k to a local low of $60,050 as a result of the newsThe Turkish Central Bank has announced a plan to ban … [Read more...] about Bitcoin (BTC) Dips to $60k as Turkey Bans Crypto as a Form of Payment