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Indonesia’s Bali bans crypto payments for tourists

0xMain
May 29, 2023

Bali, bans, Crypto, Hacking, Indonesias, payments, tourists

Foreign tourists in Bali, Indonesia, will no longer use cryptocurrencies as payment after the Bali Provincial Government banned the usage of digital currencies such as bitcoin (BTC) or USDT. Bali governor Wayan Koster voiced his concerns during a statement to local media on May 28....

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Paxful bans former CEO days after resuming operations

0xMain
May 12, 2023

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Paxful, a peer-to-peer (P2P) crypto trading platform, has banned its co-founder and former CEO, Ray Youssef. Paxful drama unfolds This development comes just days after the company announced its return to operations. In response to a customer complaint, Youssef revealed that he is...

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CNBC report shows how Chinese Binance customers bypass crypto bans

0xMain
March 24, 2023

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CNBC has released an investigative piece on Binance citing allegations of allowing its Chinese customers to override the country’s cryptocurrency trading ban. According to the article, Binance staff and volunteers have taught others how to trick the exchange’s know your customer (KYC), residency,...

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Binance bans buying EUR and USD using P2P for Russians

0xMain
March 9, 2023

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Russian clients may no longer use Binance’s P2P service to purchase and sell U.S. dollars and Euros. The Exchange said the move was motivated by the E.U.’s ninth round of sanctions on Russia. The firm has disabled P2P transactions for Russian citizens and residents. According...