Tag Archives: Ban

Bitcoin-Bashing Democrat Calls for Blanket Ban on Cryptocurrencies

Congressman Sherman, who’s from California, made the remarks May 9 at a meeting of the House Financial Services Committee.
Sherman says the ban is necessary because crypto threatens to undermine the U.S. dollar and is only useful for criminal activities like money-laundering, drug-dealing, and tax evasion. Continue reading Bitcoin-Bashing Democrat Calls for Blanket Ban on Cryptocurrencies

Chinese Crypto Whales Avoid Ban with Premium OTC Trading to Buy Bitcoin

According to CNLedger, a recognized source of China-related cryptocurrency news, the Chinese over-the-counter (OTC) market has revealed strong buys as of late, indicating an overall rise in demand for bitcoin. Continue reading Chinese Crypto Whales Avoid Ban with Premium OTC Trading to Buy Bitcoin

South Korean Startup Presto to File Constitutional Appeal Against Local ICO Ban

A South Korean blockchain startup, Presto, will reportedly file a constitutional appeal over the county’s ban on Initial Coin Offerings (ICOs), South Korean economic media outlet Sedaily reports Dec. 6. Continue reading South Korean Startup Presto to File Constitutional Appeal Against Local ICO Ban