Huawei restrictions temporarily scaled back by US

Washington: The US Commerce Department has created a temporary general licence restoring Huawei's ability to maintain existing networks and provide software updates to its handsets. A screen with an image of a Huawei mobile phone.Credit:AP The license, which was posted for public inspection, scales back the restrictions imposed by the US government last week on Huawei Technologies buying US goods […]

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Blockchain Technology Faces data Protection Restrictions in Green Energy Sector – BTCMANAGER

As blockchain technology continues to widen in adoption, industries all over the world are beginning to integrate distributed ledger systems into their business operations to create more transparency and efficiency. One particular industry where blockchain is making an impact is in renewable energy. Through startups like WePower and Poweledger, consumers are able to get access to cheaper energy by connecting […]

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Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency Policy

An Indian bank is reportedly forcing customers to agree that they “will not deal with any transactions related to cryptocurrency including bitcoins” when signing up for an account. In addition, there are reports of banks blocking accounts of their existing customers if they are found to have made crypto-related transactions. Account Opening Agreement Amid banking restrictions imposed by India’s central […]

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Trade advisor Navarro says no plans for investment restrictions on China, other countries

White House economic advisor Peter Navarro pushed back on fears that the White House was preparing widespread restrictions in companies with heavy foreign ownership. Market movement that saw the Dow fall nearly 500 points was “an overreaction,” he said. Peter Navarro, one of President Donald Trump’s top trade advisors, said the market was overreacting to fears the administration would restrict […]

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How Norway’s new restrictions on gambling transactions will impact crypto?

Norway has presented a new set of regulations to the European Commission. New restrictions aim to curb the activity of online gambling providers in the country. Currently, there is a monopoly of two-state run companies over all gambling activities. Nevertheless, some internationally licensed providers, who do not have a legal right to operate in Norway, still attract users. To stop […]

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Lawsuit Challenges Google's Ban on Crypto Ads in Russia

A lawsuit has been filed against Google in Russia after the company announced restrictions on cryptocurrency-related ads. Entrepreneur Vladimir Orehov demands a 2 billion ruble compensation from the Russian Google entity ООО «Гугл». He claims the ban will deprive him of opportunities to invest in crypto projects and find investors to fund his own business initiatives.   Also read: Ukraine […]

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Finance Ministry Employees Caught Mining Cryptos in Kazakhstan

The Ministry of Finance in Kazakhstan has announced measures to improve security and oversight in its IT department after catching four employees mining cryptocurrencies on its servers. Joking that the miners have taken over the central bank’s main duty – money emission, a deputy called for crypto regulations. The National Bank is actually working on proposals to regulate the crypto […]

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