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Category Archives: Regulation

Alarm Raised Over EU’s MiCA in Wake of China Crypto Ban

Mar 14, 2022

Olusegun Ogundeji

In post-China crypto ban days, the European Union (EU) is putting up to vote a new regulation which a French member of parliament, Pierre Person, says “definitively condemns the future of crypto-assets in Europe.” A decision is to be made on the Markets in Crypto Assets (MiCA) ...

The Chinese Government Approves NFTs on One Condition

Feb 17, 2022

The government of China has provided clarity over its regulatory allowances concerning the trading of NFTs. In what is perceived as conditional approval, China will permit only NFTs that run on the BSN Open Permissioned Blockchain (OPB).  There will be a total of ten permissi...

The Main Reason Behind China’s Crypto Ban

Oct 26, 2021

China banned the use of Bitcoin and other cryptocurrencies within its financial system and geographical space. Not only did it ban the use of cryptocurrencies, but it also moved to put a stop to all activities related to the new technology, including cryptocurrency mining and trading. While t...