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Canada to Prohibit Crypto Companies From Providing Leveraged Buying and selling to Residents
Regulation

Canada to Prohibit Crypto Companies From Providing Leveraged Buying and

admin December 13, 2022

Crypto platforms making use of for registration in Canada should conform to tighter guidelines within the nation, together with a ban on margin and leverage buying and selling. Companies can even have to carry the belongings of Canadian purchasers individually from their proprietary enterprise, in keeping with expanded phrases outlined by the Canadian Securities Directors […]Read More

Proposed Laws to Prohibit ‘Personal Cryptocurrencies’ in India Sparks Confusion
Blockchain

Proposed Laws to Prohibit ‘Personal Cryptocurrencies’ in India Sparks Confusion

admin November 24, 2021

India is within the highlight once more as Prime Minister Narendra Modi’s authorities mentioned on Tuesday that it was making ready to introduce a invoice prohibiting “all personal cryptocurrencies” within the nation. Included within the legislative agenda for the winter session starting on November 29, the Cryptocurrency & Regulation of Official Digital Foreign money Invoice […]Read More

Nigeria’s central financial institution strikes to ban Bitcoin and cryptocurrencies
Regulation

Nigeria’s central financial institution strikes to ban Bitcoin and cryptocurrencies

admin February 6, 2021

The Central Financial institution of Nigeria (CBN) reminded monetary service companies that coping with cryptocurrency is prohibited. The letter, signed by Director Bello Hassan, warned of extreme regulatory sanctions for these failing to fulfill the directive. Hassan says financial service suppliers should establish on/off ramping and instantly shut accounts related to the motion. “Accordingly, all […]Read More

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