Community members said CoinList recently banned department KYC accounts - Aliens: AI Crypto News & Markets Updates






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Community members said CoinList recently banned department KYC accounts


Wed, Nov 10, 2021

CoinList recently blocked KYC accounts. Some blocked users were temporarily unable to withdraw cash. The community stated that CoinList sent e-mails to relevant users to inform them about the ban on accounts. In addition, the CoinList website was shown to be unusable today.

Source: Block Beats

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Proposed India bill banning crypto payments could mean jail for violations -document

Proposed legislation that would ban the use of cryptocurrencies as a method of payment in India also seeks to make those who infringe the law subject to arrest without a warrant and being held without bail, according to a source and a summary of the bill seen by Reuters. Prime Minister Narendra Modi's government has previously flagged that it plans to ban most cryptocurrencies - a move which follows measures by China this September that intensified its crackdown on cryptocurrencies. According the summary of the bill, the Indian government is planning a "general prohibition on all activities by any individual on mining, generating, holding, selling, (or) dealing" in digital currencies as a "medium of exchange, store of value and a unit of account".
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