The world is mostly in favor of cryptos, but they won’t go without rules anymore. So, let’s check some new crypto regulations.
The Russian central bank released a report to urge a total crypto ban. It’s not a law yet, and the proposal is open to comments.
Finally, China banned all the crypto-related activities inside its territory. How can this affect the cryptocurrency market overseas?
China finally implemented a full ban on Bitcoin and cryptos. Meanwhile, Twitter just adopted Bitcoin as a payment method for its tip feature.
Turkey banned crypto-payments this year. And that’s not all. Cryptos are still legal, but they already have their own crypto-regulations.
Just recently, the authorities in several Chinese provinces have been taking actions to ban or seriously limit the Bitcoin mining operations.
Maybe there’s a ban on crypto payments now in Turkey, but that didn’t stop Dogecoin to reach a new All-Time-High (ATH) this week.
Recently, the Ministry of Labor announced that Russian officials are forbidden from owning any cryptocurrency, but not everything is bad.
The FCA in the UK has banned the crypto-derivatives for retail investors. However, citizens can still trade with cryptos.
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