2 Turkish Crypto Exchanges Investigated for Fraud After Central Bank Bans Cryptocurrency Use for Payments

2 Turkish Crypto Exchanges Investigated for Fraud After Central Bank Bans Cryptocurrency Use for PaymentsTwo Turkish cryptocurrency exchanges are being investigated by the authorities in Turkey after they abruptly halted trading. The authorities have blocked access to the bank accounts of the second exchange and detained four people so far. Sixty-two people have been detained in connection with the first exchange whose CEO has fled the country. Second Turkish […]

Turkey Bans Cryptocurrency Use for Payments as Local Currency Plunges

The Central bank of the Republic of Turkey has issued a cryptocurrency regulation prohibiting the use of cryptocurrencies for payments of goods and services. From the end of this month, crypto assets cannot be used directly or indirectly as a means of payment in the country and no service can be provided for this purpose. […]

HSBC Changes Crypto Policy, Now Bars Clients From Buying Stock of Companies That Hold Bitcoin

HSBC Changes Crypto Policy, Now Bars Clients From Buying Stock of Companies That Hold BitcoinHSBC has reportedly changed its policy regarding cryptocurrency. The bank now prohibits customers from buying the stock of public companies that hold bitcoin, like Microstrategy. All of the companies with bitcoin treasuries could be on the chopping block at HSBC. HSBC Now Bars Clients From Buying Crypto and Crypto-Related Stocks Like Microstrategy British bank HSBC […]

Indian Government May Block IP Addresses of Crypto Exchanges

Indian Government May Block IP Addresses of Crypto ExchangesAs the Indian government prepares to introduce the cryptocurrency bill, there are reports that it is considering blocking the IP addresses of cryptocurrency exchanges. Despite ban reports, many people in the Indian crypto community believe that the government will not impose an outright ban on cryptocurrencies, including bitcoin. Blocking IP Addresses of Crypto Trading Platforms […]