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.
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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.
Kosovo Renews Crypto Mining Ban Amid Rising Energy Prices
The government of Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on cryptocurrency mining. The move comes amid a sharp increase in…
Israel Prohibits Cash Deals for Amounts Starting as Low as $1,700
New legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday. The goal, as stated by the country’s tax authority, is…
Chinese Tech Giant Tencent to Shut Down NFT Platform Amid Trading Restrictions
China’s Tencent Holdings plans to shut down its non-fungible token (NFT) platform Huanhe only a year after its launch. The social media giant has reportedly made the decision because of…
Putin Signs Law Prohibiting Payments With Digital Assets in Russia
President Vladimir Putin of Russia has signed into law a bill banning payments with digital financial assets. The legislation obliges exchange operators to refuse to process transactions facilitating the use…
Russian State Duma Adopts Law Banning Payments With Digital Financial Assets
The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the restriction, exchange operators have been obliged to reject…
Report: Huobi to Start Layoffs That Could ‘Exceed 30%’ — Founder May Sell Stake in Company
According to the Chinese journalist Colin Wu, otherwise known as “Wu Blockchain,” the cryptocurrency company Huobi may lay off 30% of the firm’s staff due to “a sharp drop in…
Mining Ban Sparks Negative Reactions From Iran’s Crypto Community
The recently reintroduced seasonal ban on cryptocurrency mining has provoked backlash from the local crypto community. This week, the country’s power distribution company ordered miners to suspend activities citing electricity…
Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services
Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been…