limits

Uzbekistan Allows Foreign Firms to Deposit Funds From Crypto Trading, Restricts Other Operations

February 16, 2023 Bitcoin.com

amendments

The Central Bank of Uzbekistan has permitted foreign-based businesses to open domestic bank accounts and deposit funds received from cryptocurrency trading. These companies will also be able to transfer the money abroad, but operations in the country will be restricted. Uzbekistan Updates Rules for Operations With Proceeds From Crypto Exchange Transactions The Central Bank of […]

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US Congressman calls SEC Chair Gary Gensler “rogue regulator”

Crypto Exchange Bybit to Add New Restrictions for Unverified Users, Update Withdrawal Limits

December 12, 2022 Bitcoin.com

bitcoin.com

Cryptocurrency exchange Bybit has announced upcoming changes to its know-your-customer (KYC) policy that will limit certain operations for unverified customers. The stricter requirements concern coin purchases with fiat money, NFT transactions, and withdrawal limits. Bybit to Limit Services for Traders Who Have Not Passed Identity Verification Crypto exchange Bybit will restrict some services that are […]

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US Congressman calls SEC Chair Gary Gensler “rogue regulator”

Santander UK Limits Cryptocurrency Exchange Transactions, Bank Says Investing in Crypto ‘Can Be High Risk’

November 3, 2022 Bitcoin.com

£1000 limit

On Nov. 3, Santander UK, the subsidiary of the Spanish financial giant Banco Santander, S.A., published a notice that says “investing in cryptocurrency assets can be high risk.” Furthermore, the British bank also imposed a limit on cryptocurrency exchanges using the firm’s mobile and online banking services. Santander UK Limits Crypto Exchange Transfers to ‘Protect’ […]

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US Congressman calls SEC Chair Gary Gensler “rogue regulator”

Israel Prohibits Cash Deals for Amounts Starting as Low as $1,700

July 30, 2022 Bitcoin.com

Ban

New legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday. The goal, as stated by the country’s tax authority, is to improve the fight against organized crime, money laundering, and tax evasion. Critics doubt the law will achieve that. Authorities in Israel Go After Cash […]

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US Congressman calls SEC Chair Gary Gensler “rogue regulator”

Ukraine’s New Fiat Restrictions to Boost Popularity of Crypto, Industry Says

July 24, 2022 Bitcoin.com

bitcoin.com

The central bank of Ukraine has adjusted the fixed exchange rate of the national currency in U.S. dollars and introduced stricter limits on hryvnia transactions for citizens. The measures are likely to turn more Ukrainians to cryptocurrencies, according to a representative of the local crypto sector. War-Time Hryvnia Limits Expected to Increase Interest in Cryptocurrency […]

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US Congressman calls SEC Chair Gary Gensler “rogue regulator”

Ukraine Central Bank Limits Cash Withdrawals Amid Russian Assault

February 24, 2022 Bitcoin.com

assault

The central bank of Ukraine has capped withdrawals of cash in national fiat and banned those in foreign currency. The monetary authority says the measures aim to ensure the functioning of the nation’s financial system under the martial law introduced in response to Russia’s military offensive. National Bank of Ukraine Restricts Hryvnia Withdrawals, Fixes Exchange […]

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US Congressman calls SEC Chair Gary Gensler “rogue regulator”

Kazakhstan Imposes Purchase Limits on Retail Crypto Investors

November 5, 2021 Bitcoin.com

AFSA

Authorities in Kazakhstan have introduced restrictions on the amounts of cryptocurrency retail investors can buy on local exchanges. Officials explained the decision citing the need to protect private individuals from exposure to the risks associated with digital financial assets. Investors in Kazakhstan Can Buy up to $1,000 in Crypto a Month Without Declaring Income Kazakhstan […]

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US Congressman calls SEC Chair Gary Gensler “rogue regulator”