Blockchain 

China’s NDRC Wants to Ban Crypto Mining

According to Reuters, China’s state planner wants to ban Bitcoin mining. The National Development and Reform Commission (NDRC) has updated a draft list of industrial activities that it is looking to encourage, restrict, or eliminate. The list was first published in 2011. NDRC Wants to Ban Cryptocurrency Mining Unfortunately for crypto enthusiasts, cryptocurrency mining has made the elimination list. The NDRC concluded that it, along with 450 activities, should be phased out as they did not follow current laws and regulations. As stated, cryptocurrency mining was joined by 450 other…

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ICOs 

South Korea Lifting ICO Ban?

According to The Korea Times, South Korean financial authorities are discussing plans to re-introduce ICOs into the country. Last September, the South Korean government banned ICOs, not trusting cryptocurrencies and their lack of regulation. However, this didn’t deter South Korean startups. Instead of running ICOs in their own country, they simply turned to foreign investments to get their startups running. Now, this may no longer be necessary. An anonymous source stated: “The financial authorities have been talking to the country’s tax agency, justice ministry, and other relevant government offices about…

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Cryptocurrency 

Google Cryptocurrency Ad Ban Lifted

Big news has just been announced regarding the Google cryptocurrency ad ban. CNBC reported this morning that Google (NASDAQ:GOOGL) is lifting its ban on some cryptocurrency-related advertising and plans to allow regulated cryptocurrency exchanges to buy Google ad space in the US and Japan. This new policy will start October 1st, 2018. Google Cryptocurrency Ad Ban Google announced its plans to restrict cryptocurrency-related ads back in March of this year, but it did not go into effect until June. The company wanted to protect consumers from fraud. Even now, with…

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