Sentences with phrase «korean banks move»
The news was announced as Korean banks move to phase out anonymous virtual currency accounts in line with the government's stated plan to calm what it perceives as an overheated cryptocurrency market.
http://links2exchange.net/ Not exact matches
FireEye reports that North Korean leadership may be interested in virtual currencies because they are secure and secretive, allowing them to move money where they want to without facing international banking scrutiny.
Recently with the arbitrage opportunites I've been wiring money to my US bank account and then buying coins on Coinbase / gemini, moving them to a Korean exchange and then cashing out.
Korean regulators mandated the use of a real - name trading system from January 30 wherein cryptocurrency traders and investors are required to use their real names with their cryptocurrency exchange accounts or wallets and bank accounts, a move to put an end to the anonymous trading of cryptocurrencies.