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Bali Bans Crypto Payments for Tourists

Bali Warns Tourists Who Pay Using Crypto

The government in Bali has warned tourists and businessmen who pay for various services using crypto. Kompas, a local news publication reported that tourists were paying for services like meditation practices, motorbike rentals and even food using cryptocurrency. The authorities have said that there will be serious penalties like hefty fines or one year of prison. This decision was taken …

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Huobi Global to Stop Operations in Malaysia

Malaysian Regulators Demand Huobi Global to Stop Operations

Huobi Global has been advised by the Securities Commission of Malaysia to stop all operations in the country. According to the regulators, the company has failed to register as a cryptocurrency exchange due to which this decision has been taken. The regulators have also directed the company to remove its applications from the Play Store as well as Apple App …

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