The news follows
the announcement by cryptocurrency exchange BTCC yesterday, stating it will also be closing its domestic exchange service at the end of the month.
Not exact matches
The competing
announcements come just after investigations into
cryptocurrency exchanges Bithumb and Coinone were launched
by the National Tax Service.
A major bank in Thailand has reportedly terminated the bank account of a local
cryptocurrency exchange, following an
announcement by the central bank prohibiting financial institutions from...
The news from India added to the existing pessimism in the
cryptocurrency market on account of China's
announcement of blocking foreign crypto
exchanges, and the move
by major banks such as JP Morgan Chase, Citigroup, and Bank of America from the US and Lloyds Bank from the UK to ban
cryptocurrency purchases via their credit cards.
The
announcement followed the rules set
by the
cryptocurrency exchange for including new digital assets
by the «internal asset selection committee».
In an
announcement today, the regulator confirmed the action, one that follows an amendment to the payment services law that mandated all
cryptocurrency exchanges register with authorities
by the end of September.
BTCC, one of the largest
cryptocurrency exchange platform of China made the
announcement of ceasing its home operations in the aftermath of this anti-ICO agenda taken up
by the Chinese law enforcers.
Facebook's
announcement that it would ban all ads for
cryptocurrencies and ICO's, as well as reports that two major
exchanges, Bitfinex and Tether, had been subpoenaed
by the US Commodity Futures Trading Commission (CFTC), also helped to spook
cryptocurrency markets this week
«SBI Holdings has reached a basic agreement with Huobi Group (1.65 million accounts, maximum daily transaction volume of over CNY 30 billion (approximately JPY 510 billion), which has a track record of stably operating a major
cryptocurrency exchange in China, to explore the following alliances,» the official statement released
by SBI Holdings on December 7 read,» the official
announcement of SBI Holdings read.
XEM / USD price recovered slightly due to the
announcement by Coincheck
cryptocurrency exchange stating that they had refunded at least 260,000 customers who were victims of the hack attack that affect NEM holders amounting to losses of over $ 530 million.
The
exchanges» moves are in line with the recent
announcement by Russian Deputy Finance Minister Alexei Moiseev regarding his proposal to treat bitcoin and other
cryptocurrencies as financial assets.
Pakistan's
announcement on Friday follows one
by India's central bank from having any links to virtual currency dealers, which immediately slashed
cryptocurrency prices on local
exchanges.
In the past 24 hours, its price has surged
by more than 30 % following the
announcement by the fifth largest Hong - Kong - based
exchange OKEx, to add support for the
cryptocurrency on its platform.
Announcements Metropolitan Bank Holding Corp (NYSE: MCB), one of the fastest growing banks in the United States, is used
by a number of major
cryptocurrency exchanges.
Also coming in the final week of March was a major
announcement by way of Upbit, the second largest
cryptocurrency exchange (
by 24 - hour volume) in South Korea.
The recent brief correction was caused
by a combination of four factors: Japan's crackdown on small
exchanges, Binance hack rumors, SEC's
announcement to
exchanges, and major
cryptocurrencies failing to meet key resistance levels.
Sparked
by the
announcement that Ripple CEO Brad Garlinghouse would join Coinbase President Asiff Hirji on an episode of CNBC's Fast Money, many took this as a strong sign that Ripple would soon be added to Coinbase, the most prominent US
cryptocurrency exchange.