Sentences with phrase «bitcoin operations in the country»

Regulators across China are intent on shutting down all Bitcoin operations in the country.

It is safe to say China's ban will be limited to exchanges and not on every Bitcoin operation in the country.

Not exact matches

The Chinese government has already shut down exchanges in China, but it was recently reported to be taking even further measures against new forms of online trading as well as Bitcoin mining operations in the country.

This is a shame, because, as I have previously mentioned on CoinDesk, Canada is an attractive environment for bitcoin entities to set up operations since our country does not have, for example, the state - by - state money transmitting regulations that currently exist in the US.

Sometimes this is a non-starter and the bitcoin entity makes the decision to set up operations in another country, which is extremely unfortunate for a variety of reasons, including the economic loss to Canada derived from losing a potential new Canadian business and the more important loss to the potential client in regards to their bitcoin business.

Xapo, a bitcoin wallet provider said it has received conditional approval from Switzerland's financial market watchdog for its operations in the country, Reuters reported.

Customers from our countries of operation sometimes search for the price of Bitcoin in their home currency: the Indonesian rupiah (IDR), South African rand (ZAR), Nigerian naira (NGN) or Malaysian ringgit (MYR).

China is the largest and the most powerful country in the world in terms of Bitcoin mining operations.

At press time, it appears the country's bitcoin exchanges are following through with earlier promises to shut down domestic trading operations, though the lack of major price movement indicates the bearish news has now been priced in.

These exchanges that offer users to participate in markets such as Bitcoin and Ethereum will cease operations in the country as soon as 2018.

In January, PBoC investigators discovered «irregularities» in the operations of the three companies, including offering a loan feature called margin trade, which the central bank said not only violates the country's rules but has also caused bitcoin's recent volatilitIn January, PBoC investigators discovered «irregularities» in the operations of the three companies, including offering a loan feature called margin trade, which the central bank said not only violates the country's rules but has also caused bitcoin's recent volatilitin the operations of the three companies, including offering a loan feature called margin trade, which the central bank said not only violates the country's rules but has also caused bitcoin's recent volatility.

Investigators from the central bank said they discovered «irregularities» in the operations of major bitcoin exchanges in the country, singling out BTC China, Huobi and OKCoin.

Luno's main goal is to keep your money safe and to maintain an orderly Bitcoin market in our countries of operation.

Customers from our countries of operation sometimes search for the price of Bitcoin in their home currency: the Indonesian rupiah (IDR), South African rand (ZAR), Nigerian naira (NGN) or Malaysian ringgit (MYR).

The efforts of the State Duma have been bolstered by a mandate from Putin himself, issued in October 2017, urging development of a «single payment space» within the Eurasian Economic Union (an alliance of countries including Armenia, Belarus and others), increased scrutiny of token sales, as well as licensing of bitcoin mining operations.

Bulls are hopeful that bitcoin exchanges in the country could still come up with a way to resume operations in a manner that is compliant with government regulation.

After hitting down hard on the operations of local exchanges last year in September 2017, the Chinese government is now having its eyes on local bitcoin miners present in the country.

Although the country is still the biggest powerhouse when it comes to Bitcoin mining, multiple operations have reportedly shut their doors in the past few weeks.

Chinese publication Ciaxin is reporting that, contrary to rumors on Wednesday, Chinese authorities haven't asked bitcoin miners to shut down their operations in the country.

While China has evolved into a leading domicile for bitcoin mining, the country's central bankers have been pushing back, triggering a wave of defections among mining operations to head for more cryptocurrency - friendly waters in the Western world, more specifically, Canada.

China may discourage bitcoin mining operations in the country by curbing their access to electricity.

This time it's not the government but a subsidiary of the State Grid Corporation that has issued the decree, in a move which calls into question the country's ability to sustain bitcoin mining operations.

CNBC visited one of the local bitcoin mining operations last month, which is one of the largest such facilities in the country.

Venezuelan President, Nicolas Maduro, even openly stated that the country was open to all forms of bitcoin mining operations in the future and as such, is currently one of the cheapest countries in the world to host such a business.

According to online leaked documents, the Chinese government is seeking an «orderly exit» from bitcoin mining operations in the coming months with the Leading Group of Internet Financial Risks Remediation, which happens to be the country's top internet - finance regulator, issuing a notice asking local governments to force mining operations out of business by resorting to measures such taxation, electricity pricing, property law and environmental regulations.

San Francisco - based Coinbase, one of the world's largest and most prominent bitcoin trading platforms with operations in over 30 countries, is presumably feeling the stress of heightened traffic and / or trading, forcing the operator to suspend operations temporarily to undergo maintenance.