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Tag Archives: Forcing

Indian Banks Are Forcing Customers to Comply to Anti-Cryptocurrency Policy

The cryptocurrency crackdown in India has taken an interesting turn. Following the regulatory measures from the Reserve Bank of India of prohibiting local banks from providing services to cryptocurrency businesses, some Indian banks have taken drastic measures to discourage cryptocurrency adoption. According to reports, the banks are forcing customers to sign contracts …

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Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency Policy

Regulation 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 …

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How Shanghai Govt Came To Forcing All Bitcoin Trading to Stop: The Insider Story

Sept. 22, The Paper news agency reported that the Chinese regulators not only banned the exchange between Bitcoin and other cryptocurrencies and the Chinese Yuan, but they also called for all trading of cryptocurrency to any fiat currency to end. This carries the implication that all exchanges have effectively been …

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