Saturday, July 17, 2021

2014-2021 - Articles of Crypto bans, FUD, regulations, and price correlation at the time of each event.

I was curious to see all the different times that counties, companies, banks came out and announced bans, restrictions, or general FUD on crypto. I'm sure I've missed some important events so feel free to add to this list in the comments, but the overall consensus is we saw a WAVE of this in 2018, right after crypto had massive parabolic moves at the end of 2017. 2019-2020 these regulations and articles fell way off while the price was dropping consistently during the bear market...Once again we are seeing this again in 2021 after more strong price movement at the end of 2020 and early 2021.

Feel free to draw your own conclusions, but I thought this was very interesting that the bulk of this all happens when price is booming (naturally).

Dec 5, 2013 – China bans financial companies from Bitcoin transactions (BTC - $955)

https://www.bloomberg.com/news/articles/2013-12-05/china-s-pboc-bans-financial-companies-from-bitcoin-transactions

Feb 26, 2014 – US Senator Joe Machin demands Federal regulators ban Bitcoin (BTC - $567)

https://www.manchin.senate.gov/newsroom/press-releases/manchin-demands-federal-regulators-ban-bitcoin

June 20, 2014 – Bitcoin banned by Bolivian Central Bank as a treat to National Currency (BTC - $597)

https://www.cityam.com/bitcoin-banned-bolivian-central-bank-threat-national-currency/

Feb 16, 2015 – EU plans to ban Bitcoin to curb terrorism funding (BTC - $234)

https://www.cissp.com/law-ethics/838-eu-plans-to-ban-bitcoin-to-curb-terrorism-funding

Sept 11, 2017 – BTC drops to $4,161 after reports China is banning cryptocurrency exchanges

(BTC $4,161)

https://www.businessinsider.com/china-ban-bitcoin-exchanges-2017-9

Oct 30, 2017 – Vietnam bans payments in Bitcoin and other Cryptocurrencies (BTC - $6,121)

https://www.zdnet.com/article/vietnam-bans-payments-in-bitcoin-cryptocurrencies/

Jan 11, 2018 – Bitcoin drops $2,000 in value as South Korea announces planned trading ban

(BTC - $14,968)

https://www.theguardian.com/technology/2018/jan/11/bitcoin-drops-value-south-korea-trading-ban-cryptocurrencies-tax-gambling

Jan 30, 2018 – Facebook is banning all ads promoting cryptocurrencies (BTC - $11,306)

https://www.vox.com/2018/1/30/16950926/facebook-mark-zuckerberg-bans-crypto-advertising-bitcoin-james-altucher

Feb 4, 2018 – Chase, Bank of America, and Citigroup all ban Cryptocurrency purchases on credit cards (BTC - $9,175)

https://gizmodo.com/chase-bank-of-america-and-citigroup-all-ban-cryptocur-1822707798

March 14, 2018 – Google will ban all Cryptocurrency related advertising (BTC $9,214)

https://www.cnbc.com/2018/03/13/google-bans-crypto-ads.html

March 26, 2018 – Twitter moves to ban crypto ads (BTC - $8,498)

https://techcrunch.com/2018/03/26/twitter-moves-to-ban-crypto-ads/

April 6, 2018 – India bans Cryptocurrency trades(BTC - $6,815)

https://www.bbc.com/news/world-asia-india-43669730

Jan 30, 2021 – India plans to introduce law to ban Bitcoin, other private cryptocurrencies

(BTC – 34,361)

https://techcrunch.com/2021/01/30/india-plans-to-introduce-law-to-ban-bitcoin-other-private-cryptocurrencies/

March 17, 2021 – Nigeria’s crypto ban has startups and traders in a frenzy (BTC - $58,927)

https://qz.com/africa/1985223/nigerias-crypto-ban-has-startups-and-traders-in-a-frenzy/

April 16, 2021 – Bitcoin falls as Turkey bans cryptocurrency payments (BTC - $60,056)

https://www.marketwatch.com/story/bitcoin-falls-as-turkey-bans-cryptocurrency-payments-11618565622

May 18, 2021 – China bans financial, payment institutions from cryptocurrency business (BTC - $57,361)

https://www.reuters.com/technology/chinese-financial-payment-bodies-barred-cryptocurrency-business-2021-05-18/

June 2, 2021 – Ban Bitcoin and other cryptocurrencies to stop hacker (BTC - $37,581)

https://newrepublic.com/article/162589/ban-bitcoin-cryptocurrencies-stop-hacker-ransomware

June 20, 2021 – China to shut down over 90% of it’s Bitcoin mining capaticy(BTC - $34,235)

https://www.globaltimes.cn/page/202106/1226598.shtml

June 21, 2021 – Chinese banks promise to step up cryptocurrency ban (BTC - $31,608)

https://abcnews.go.com/Business/wireStory/chinese-banks-promise-step-cryptocurrency-ban-78398255

June 28, 2021 – Binance gets banned by UK regulator (BTC - $34,607)

https://www.cnbc.com/2021/06/28/cryptocurrency-exchange-binance-banned-by-uk-regulator.html


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