Sentences with phrase «action on cryptocurrency trading»

The banks decided to drop the services in anticipation of forthcoming government action on cryptocurrency trading, according to the Korea Times.

Not exact matches

South Korea said on Wednesday it will take firm action against illegal and unfair acts in cryptocurrency trading after a petition with 280,000 signatures was sent to the presidential Blue House.

The U.S. Commodity Futures Trading Commission (CFTC) filed civil enforcement actions in a New York District Court on Thursday against three separate cryptocurrency operators for allegedly defrauding customers and breaking commodity tradingTrading Commission (CFTC) filed civil enforcement actions in a New York District Court on Thursday against three separate cryptocurrency operators for allegedly defrauding customers and breaking commodity tradingtrading rules.

The UK and EU are planning a crackdown on cryptocurrency trading, and in the US, the Securities and Exchange Commission (SEC) has enforced actions against ICOs believed to be related to fraud.

On Friday, the Securities and Exchange Commission and Commodities Futures Trading Commission released a joint statement emphasizing their commitment to take action against fraud in both cryptocurrencies and the initial coin offering market.

The price of bitcoin dipped below $ 3,000 in early trading Friday, shedding some $ 2,000 over the course of two weeks as Chinese authorities began cracking down on cryptocurrencies and J.P. Morgan CEO Jamie Dimon dubbed bitcoin a «fraud,» arguing that it was a matter of time before world governments began taking action against digital coins.

Major cryptocurrencies like Bitcoin (+ 34 % w - o - w), Ethereum (+ 60 % w - o - w) and Monero (+44 % w - o - w) also saw a low of positive price action as a result of a very strong bull market as Bitcoin futures began trading on CBOE on Sunday.

Illegal foreign currency trading of 472.3 billion formed the bulk of the cryptocurrency crimes, it said in a statement, but gave no details on what action authorities were taking against the rule breaches.

South Korea said on Wednesday it will take firm action against illegal and unfair acts in cryptocurrency trading after...

Price action has been slowly gaining traction since the market crash in September that was triggered by China's blanket ban on cryptocurrency trading.

Reuters further explained, «Illegal foreign currency trading of 472.3 billion formed the bulk of the cryptocurrency crimes, Customs said, but gave no details on what action authorities were taking against the rule breaches.»