While offering some borrowed definitions of terms like virtual currency and mining, the agency notes that changes to the legal status
of cryptocurrencies in the country are expected.
Over 17,000 sign petition against Indian crypto ban: A petition with over 17,000 signatures was tabled against Indian Reserve Bank's much - criticized move of
banning cryptocurrencies in the country.
Regulation The chairman of the central bank of Kazakhstan said that the bank has prepared legislation to prohibit the sale and purchase of
cryptocurrencies in the country as well as any kind of crypto...
Back in October of last year, Taiwan central bank governor Perng Fai - nan supported regulating cryptocurrency, stating that Bitcoin trading should be added into Taiwan's notification system for money laundering prevention law in a potential move similar to Japan that would
legitimize cryptocurrency in the country.
The government's ban on using anonymous accounts, effectively a mandate that exchange providers perform know - your - customer (KYC) due diligence, is seen as the latest move to curb the trading activity
around cryptocurrencies in the country.
The South Korean local media has widely reported that the internet giant Kakao plans to deepen its involvement
with cryptocurrency in the country by integrating crypto into it's various, widely known platforms.
Following the warning by the Central Bank of Namibia to its citizens to invest in bitcoin at their own risk and a promise to release an opinion paper on the adoption of bitcoin, Namibia has now officially banned the use of bitcoin or any
other cryptocurrency in the country.
The SARB has recently started testing out a regulatory framework
for cryptocurrencies in the country and has so far been very accommodating towards digital currency startups within its jurisdiction.
Regulation The chairman of the central bank of Kazakhstan said that the bank has prepared legislation to prohibit the sale and purchase
of cryptocurrencies in the country as well as any kind of crypto mining, citing several
Russian Finance Minister Anton Siluanov announced today that his government will control the issuance and circulation of
cryptocurrencies in the country, according to Russian state media outlet TASS.
Philippines government is joining hands with central bank in order to bring out the policy which would regulate
the cryptocurrency in the country.
A study backed by the Japanese government has unveiled rules and guidelines that could potentially lead to the legalization of ICOs and
cryptocurrencies in the country.
Regardless of some legislative proposals in the recent period which could significantly limit and slow down the adoption of
cryptocurrencies in the country, the Japanese government took a favourable stance and approved a number of regulatory acts permitting banking groups to use cryptocurrencies and offer related financial services.
Hostile Approach — It is dangerous and illegal to deal or trade with
cryptocurrencies in this country.
According to the Times, the minister has previously informed the Indian parliament that the Reserve Bank of India (RBI), the country's central bank, has not issued any licenses to operate with
cryptocurrencies in the country.
When South Korean regulators threatened to curb the trade of
cryptocurrencies in the country, bitcoin and ripple dropped by up to 13 %.
It is likely that venture capitalists are waiting for the government to clarify the taxation and regulatory aspects of
cryptocurrencies in the country.
Such organisations as Bitcoin Alliance Canada, Bitcoin Cooperative and the Bitcoin Foundation of Canada have been the main driving forces behind the popularisation of
the cryptocurrency in the country.
As South Africa has the highest rate of bitcoin adoption in the continent, this could lead to more bitcoin - friendly businesses coming up, which bodes well for the future of
cryptocurrency in the country.
The National Bank of Kazakhstan wants to ban all trading and mining of
cryptocurrencies in the country.
However, the key decision - making players and authorities in the country has so far sent mixed signals regarding the future of
cryptocurrencies in the country.
In 2016, Nigeria witnessed an increase in the adoption of bitcoin and other
cryptocurrencies in the country.
Officially, South Korea's finance minister stated the government has no plans to shut down the trading of
cryptocurrencies in the country.
The credibility of the project and its future is in the hands of the Russian government, which has made headway in its outlook on
cryptocurrencies in the country.
In September 2017, the bank proceeded to officially ban the use of bitcoin or other
cryptocurrencies in the country.
This week saw officials in India indicate that they will be introducing regulations to completely eliminate payments with
cryptocurrency in their country, and they made it official that India does not recognize Bitcoin as a legal tender.
In December 2017, crypto markets reacted to confusion regarding a rumored full ban on
cryptocurrencies in the country.