Sentences with phrase «ban on bitcoin»

In fact, China's ban on Bitcoin exchanges pushed Japan to the forefront of the world's Bitcoin markets.

Russia's path toward cryptocurrency regulation took an interesting turn about three months ago when the Kremlin issued a blanket ban on bitcoin exchanges.

JPMorgan Chase, Bank of America, Citigroup and Lloyd's in recent days placed a ban on bitcoin purchases via credit card.

China's ban on bitcoin exchanges will likely allow Japan and Hong Kong to evolve as new powerhouse markets within the global bitcoin market.

Particularly, rumors on the potential ban on bitcoin mining centers and mining industry surfaced, and key players within the Chinese bitcoin mining industry such as ViaBTC CEO Haipo Yang

In other news and according to Forbes, China's ban on Bitcoin and other cryptocurrencies may be temporary.

Particularly, rumors on the potential ban on bitcoin mining centers and mining industry surfaced, and key players within the Chinese bitcoin mining industry such as ViaBTC CEO Haipo Yang explained that the Chinese government's crackdown on bitcoin mining industry could lead to the demise of Chinese miners.

Almost immediately after the cryptocurrency trading ban by China, several researchers including Jon Creasy explained that the Chinese government likely established a temporary ban on bitcoin trading to appeal to the communist party.

Yang Haipo has stated his belief that bitcoin and other cryptocurrencies will continue to be traded throughout China despite the crackdown, emphasizing the challenges associated with attempting to enforce a ban on bitcoin due to the fluidity of virtual currencies.

But, in consideration of China's unpredictable nature, it is difficult to dismiss the premise in which the government pursues a general ban on bitcoin itself, as it did in 2013.

Earlier this month, the Chinese government enforced a nationwide ban on Bitcoin and cryptocurrency exchanges, forcing large - scale cryptocurrency trading platforms including BTCC, OKCoin and Huobi to shut down their services.

What do you think of The Reserve Bank of India's ban on Bitcoin and other cryptocurrencies?

No major country seems to have plans of imposing a total ban on bitcoin and new crises are inevitable.

South Korea continues its fight to regulate the market after previously discussing a possible ban on bitcoin.

Several analysts have speculated that the launch of CryptoRuble would likely lead to a nationwide ban on Bitcoin and other cryptocurrencies.

Perhaps, the closure of BTCC does not translate to a nationwide ban on bitcoin exchanges.

The government of Algeria wants to move towards a total ban on Bitcoin and other cryptocurrencies in the country.

Indonesia, on the other hand, is planning to issue a ban on bitcoin and other cryptocurrencies sometime next year.

Twitter has started clamping down on cryptocurrencies, and will start rolling out its ban on Bitcoin ads over the next 30 days.

Many analysts have clarified that the price drop of Bitcoin most likely was not impacted by Dimon's comments but rather by the Chinese government's imposition of a nationwide ban on Bitcoin exchanges.

The Chinese government, since its shock ban on Bitcoin exchanges and ICOs, has been concerned with trying to keep capital in the country and thus seen it prudent to quash Bitcoin and other cryptocurrencies.

To make it completely clear, they aren't closing because a ban on Bitcoin, they are closing because of the ICO regulatory concerns in China due to previous ICO dealings on their platform.

Update: It's possible that South Korea's government may not impose a blanket ban on Bitcoin trading in the country, but only seek to regulate activity and clamp down on unlicensed exchanges, according to Ran Neuner, host of CNBC's Cryptotrader show.

We can compare this to what happened following the ban on Bitcoin payments in China in 2014.

Even throughout bitcoin's latest major price correction caused by the Chinese government's nationwide ban on bitcoin exchanges, Bithumb, South Korea's largest exchange, continue to demonstrate premium rates over other markets, securing the 4.2 million mark.

According to the Wall Street Journal, advisers at Merrill Lynch have mixed feelings regarding the firm's ban on Bitcoin.

Skorobogatova previously said an outright ban on bitcoin and currencies of its ilk would be infeasible.

Other than implicating a ban on Bitcoin cash trading it also gained negative publicity with its announcement of not allowing customers holding Bitcoin to transfer the same into equivalent amount of Bitcoin Cash following the splitting of Bitcoin on August 1 2017.

News articles published by the Chinese dailies have also spooked the crypto market before when they came out with cover stories indicating at a ban on Bitcoin by Chinese bodies.

There's also been plenty of speculation around Korea's plans to regulate crypto, although the government has since clarified it doesn't plan an all - out ban on bitcoin and crypto trading.

A Chinese magazine came out with a new article which hinted at a possible ban on bitcoin trading.

Apple appears to be lifting a ban on bitcoin apps.

«We can not comment on the times ahead but there is no need to panic, RBI has just reiterated what they have already implemented, THERE IS NO BAN ON BITCOIN in India as of yet, there is no official stand of the government on this,» the exchange said.

Rumours that India had issued an outright ban on bitcoin were recently debunked, but legislators had not yet shifted in a more positive direction.

Rumours that India had issued an outright ban on bitcoin

The content, however, has since been misconstrued as proof of an official ban on Bitcoin mining.

Apple appears to be lifting a ban on bitcoin apps.

Even throughout bitcoin's latest major price correction caused by the Chinese government's nationwide ban on bitcoin exchanges, Bithumb, South Korea's largest exchange, continue to demonstrate premium rates over other markets, securing the

Even throughout bitcoin's latest major price correction caused by the Chinese government's nationwide ban on bitcoin exchanges, Bithumb, South Korea's largest exchange, continue to demonstrate premium rates over other markets, securing the 4.2 million mark.

Not exact matches

DUBAI, April 28 - Iran has developed an experimental local cryptocurrency, a government minister said on Saturday, days after the country's central bank banned trading in digital currencies including bitcoin.

Bitcoin fell by another $ 300 on Tuesday after the fallout of a Chinese ban on cryptocurrency crowdfunding methods saw the price of the digital coin slump earlier this week.

With news of Google banning cryptocurrency - related ads and the International Monetary Fund advising increased regulation on the asset, the price of Bitcoin, Ethereum, and Ripple continued their slide Thursday, wiping out about $ 499.2 billion of the market value of over 1,500 cryptocurrencies since their collective all - time high in early January.

From a halt to virtual currency trading on domestic exchanges to banning initial coin offerings, regulators have taken a proactive role in shaping the stratospheric rise of Bitcoin and its peers.

Crypto crackdown China, home to the world's biggest community of Bitcoin miners, is cracking down on cryptocurrency activity, haling trade of virtual currencies on domestic exchanges and banning initial currency offerings.

It's worth noting that China followed up its ICO ban with a heavily rumored — though never officially confirmed — crackdown on Bitcoin exchanges.

But the ban on purchases from major credit card companies will make it more difficult to buy bitcoin.

Bitcoin prices briefly fell below $ 8,000 on Wednesday following news that Google, the world's largest online ad provider, plans to ban cryptocurrency advertising.

China cracked down on cryptocurrencies in September 2017, with authorities banning bitcoin trading and initial coin offerings after the People's Bank of China said such activities could pose major financial risks to the world's second - largest economy.

Bitcoin was 10.47 percent lower at $ 13,332.24 on the Luxembourg - based Bitstamp exchange after South Korea's government said it plans to ban cryptocurrency trading.

«The more the governments and the regulators tried to put a squeeze on bitcoin, the more we see that bitcoin is actually resilient,» Lee told CNBC, referring to the token's rapid price rise in the aftermath of the China ban.