Macau Bans Banks From Providing Financial Services to Cryptocurrency Companies (news.bitcoin.com)

Macau’s financial regulatory, the Monetary Authority of Macau (AMCM), has issued a statement prohibiting the territory’s financial institutions from providing financial services to businesses issuing virtual currencies or tokens. The statements follow a crackdown on money laundering and capital outflows from mainland China by Chinese regulators.
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China bans crypto-currency fundraising schemes (theregister.co.uk)

Bitcoin, Ethereum values dip after ‘Initial Coin Offerings’ ruled dangerously disruptive
Digital currencies Bitcoin and Ethereum have slipped after the Chinese government banned Initial Coin Offerings, a tool that sees equities offerings bid in cryptocurrencies instead of fiat currencies, a share funding mechanism.

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‘Bitcoin Regulation Act’ Introduced in South Korea Bans MLMs (news.bitcoin.com)

Legislation outlining the regulatory framework for digital currencies including bitcoin in South Korea has been introduced by lawmaker Park Yong-jin. It defines digital currency, introduces five classifications of digital currency handlers, as well as specifies requirements and prohibited activities.
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