Authorities in Thailand have decided to block “unauthorized” crypto platforms to increase the efficiency of law enforcement in solving the problem of online crime, an announcement on Friday last week said.
Nigeria’s SEC Updates Guidelines for Crypto Firms in Bid to Stop Criminal Activity: Report
Nigeria’s government has started a fresh crackdown on crypto firms, reportedly blocking access to several, including Binance, Coinbase and Kraken.
Singapore’s central bank slugs Three Arrows founders with 9-year ban
Three Arrows Capital founders Kyle Davies and Zhu Su are barred from regulated activities or acting as top execs at any financial firm in Singapore.
Nigeria central bank missed opportunity for blockchain regulation in 2021 — Convexity CEO
Adedeji Owonibi stated that the Central Bank of Nigeria should have created a blockchain regulation strategy in 2021 instead of cutting ties between cryptocurrency exchange firms and local banks.
Apple’s 30% tax rules will stay for now, crypto and NFTs may have to wait
A Supreme Court judge has rejected a request from Epic Games that would’ve immediately loosened Apple’s App Store payment rules, to the potential benefit of crypto and NFT apps.
Kuwait Regulator Bans Crypto Payments, Investment and Mining
The prohibitions are an effort to comply with the FATF’s recommendations to prevent money laundering via crypto, the Capital Markets Authority said.
Kuwait bans crypto and virtual assets transactions
Kuwait’s Capital Markets Authority has officially confirmed the commitment to “absolute prohibition” of virtually all crypto operations in the country.
Twitter suspends memecoin-linked AI bot after Elon Musk’s ‘scam crypto’ claim
“Explain This Bob,” the popular AI-powered Twitter account also linked to a memecoin, was suspended shortly after Elon Musk alleged it was a “scam.”
Hollywood studios reject banning AI from writer’s rooms
The Writers Guild of America sent out a list of demands to Hollywood studios, including regulating AI usage in guild-affiliated projects.
Samsung employees banned from using ChatGPT-like AI tools
The company-wide ban prevents Samsung employees from accessing generative AI tools on all Samsung-owned devices and internal networks.
OpenAI’s ChatGPT re-enters Italy after obliging transparency demands
The revocation of the ban in Italy required ChatGPT to reveal its data processing practices and implement age-gating measures among other legal requirements.
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs
The Fed’s interest hike matched the market consensus and weak employment data boosted investors’ appetite for risk assets, but BTC traders should still exercise caution.
Nepal regulator orders ISPs to block crypto websites or face the law
Nepalese internet and email providers were put on notice by the country’s telco regulator to block crypto-related websites or face legal action.
US Senate banking chair floats possibility of banning crypto
Despite suggesting a possible ban, U.S. Senator Sherrod Brown stated it would be “very difficult” to do so because activity “would go offshore.”
ECB official proposes ban on tokens with an ‘excessive ecological footprint’
EU officials previously rejected an outright ban on crypto mining, but the Markets in Crypto Assets bill could require firms to report any potential environmental impact.
Russia blocks OKX website for alleged unreliable financial information: Reports
The cryptocurrency exchange’s website was said to contain information about pyramid schemes, although no details were given; similar bans have been imposed before.
Mailchimp bans crypto content creators without prior notice
The email marketing service provider temporarily suspended crypto-related accounts due to alleged terms of service violations.
TORN price sinks 45% after U.S. Treasury sanctions Tornado Cash — rebound ahead?
TORN is near a historically strong support range, eyeing a 75% rebound by September 2022.
Bill to ban digital assets as payment passed the first reading in the Russian parliament
The document bears several conceptual contradictions, trying to qualify security tokens as a monetary surrogate.
Law Decoded: The difference between New York City and New York State, April 25-May 2
New York State moratorium on PoW mining reinvigorates the conversation around crypto industry’s sustainability.