Sentences with phrase «ban trading in all cryptocurrencies»

«There is a positive sentiment in the industry that the government will not ban trading in cryptocurrencies, and even if formal banking channels can not be used, people can move to crypto — crypto trading platforms.

But another shock awaited crypto advocates in 2018 — the headline «Thailand bans trading in cryptocurrencies.»

In another shock move the South Korean Ministry of Justice announced that they would be banning trading in cryptocurrency, fortunately, this was done without the consent of the other government agencies involved in the South Korean cryptocurrency regulation task force and the matter has to be cleared up by the Blue House, the executive office and official residence of the South Korean President.

After a study of cryptocurrencies by the relevant authorities of Singapore, a highly placed official announced that the government does not yet see the need to ban trading in cryptocurrencies.

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.

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.

China cracked down on cryptocurrencies in September 2017, with authorities banning bitcoin trading and initial coin offerings

Earlier in March, it was revealed that South Korea's government had banned all its officials from holding and trading cryptocurrencies.

In China, over the last several months, regulators shut down vast swathes of the cryptocurrency world, banning token offerings (ICOs) and demanding that trading on cryptocurrency exchanges cease.

Sweden's Financial Supervisory Authority will not take any action in response to a Scandinavian bank's recent decision to ban its employees from trading cryptocurrencies, even when they are off the clock.

Banks in Chile have closed the accounts for three of the country's cryptocurrency trading platforms, sparking fears of an outright blanket ban in South America's wealthiest nation.

The issuance of new cryptocurrencies, which were banned in South Korea six months ago, has returned to the country via overseas listings for local trading.

Furthermore, while it advises its staff against trading in cryptocurrencies, it has yet to introduce a hard ban on the employee side, according to company spokesman Kenni Leth.

DUBAI (Reuters)- 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.

In one of its Financial Services Policy updates, Google has decided to ban advertisements promoting cryptocurrencies and the related content which includes initial coin offerings (ICOs), cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice, starting from June this year.

Investors and exchanges in South Korea were bracing themselves for what was understood as a potential government - issued ban on cryptocurrency trading; but conflicting reports from different parts of the government are now surfacing, leaving the global community rocking on its heels.

South Korea's government has confirmed it has «no intention» of banning or «suppressing» cryptocurrency trading in fresh comments on the industry.

Earlier in 2018, the price of bitcoin fell overnight, following reports that South Korea had decided to ban cryptocurrency trading.

On Thursday, January 11, 2018, reports from South Korea indicated that some of the nation's authorities are planning a ban on cryptocurrency trading in the country.

Financial services group Nordea, which banned its employees from engaging in off - the - clock cryptocurrency trading earlier this year, said at the time that financial institutions often «restrict the personal account dealing of staff to prevent them taking positions in speculative investments, or which might expose them to a risk of financial loss and therefore impact their financial standing.»

We assess that as South Korea responds to these attempted thefts by increasing security (and possibly banning cryptocurrency trading) they will become harder targets, forcing North Korean actors to look to exchanges and users in other countries as well.

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.

Kazakhstan's National Bank likely to advise the government to impose a ban on cryptocurrency trading and mining in the nation.

Neil Wilson, a senior analyst at ETX Capital, said in an email on Tuesday morning: «Bitcoin faces a regulatory crunch sooner or later and increasingly we see signs of this starting to bite following South Korea's tentative plans to ban trading on cryptocurrencies and China's move to shutter mines.

The latest sign that China's regulators are actively scrutinizing cryptocurrency exchanges, the report further explained that the execution plan came into effect in September last year when People's Bank of China (PBoC) put out its ban on initial coin offerings (ICO) and ordered closure of fiat - to - crypto trading.

Bitcoin hits a four - week low before rebounding on Tuesday as South Korean statements send cryptocurrency markets yo - yoing South Korea's finance minister Kim Dong - yeon said banning trading in digital currencies is... Read more»

Threats of a potential cryptocurrency trading ban in South Korea have scared many investors away, but some veterans of the young market are defiant, saying restrictions would be relatively easy to circumvent.

Prices of cryptocurrencies climbed overnight during the Asian trading session, despite looming news reports out of China that virtual currency trading might be banned in the world's second - largest economy.

Bloomberg (among others) reports that exchange operators decided to close down after in - person meetings with PBOC officials, and the Wall Street Journal reports — based on anonymous sources — that the PBOC has prepared a set of «draft instructions» that would ban cryptocurrency trading altogether.

South Korea's approach is somewhere in the middle: it has banned initial coin offerings (ICOs), but not cryptocurrency trading.

This is an unofficial ban on crypto trade in India - and cryptocurrency traders as well as cryptocurrency exchanges have been outraged against this draconian decision.

The ban will apply to OTC derivatives and not to trading on a regulated exchange or on a multilateral trading facility, which is designed to supplement a Belgian distribution ban that was already in force for certain products, such as financial products with Bitcoin or other cryptocurrencies as their underlying.

Second, the proposal to ban cryptocurrency trading was made by Justice Minister Park Sang - ki on 28 December in order to counter speculations on the cryptocurrency market.

Parliament members Saktiandi Supaat, Lim Biow Chuan and Cheng Li Hui raised questions to the PM as to whether the government is reconsidering the drafting of a regulatory framework and the possibility of banning cryptocurrency trading in Singapore.

According to the statement, stated by the press secretary of the South Korean president, in the near term it is not planned to impose a ban on cryptocurrency trading.

The imposition of fines against cryptocurrency exchanges for poor security measures is optimistic for the South Korean cryptocurrency market in the long run, because it has shown that the government has taken the approach of regulating the market and protecting investors, rather than issuing an outright ban on cryptocurrency trading.

Both businesses and individual investors have regained confidence in the local sector, as a ban on cryptocurrency trading is highly unlikely as of now.

On January 15, 2018 the South Korean government and the Blue House officially stated that a trading ban will not be imposed in the short - term, and the cryptocurrency task force formed by the government will focus on drafting more efficient and practical policies to decrease speculation.

A law to ban the use or trade of cryptocurrencies in India has to come from either the elected governments (whether central or state) or the judiciary (Supreme Court of India or the State High Courts).

In a bid to prevent web users from falling prey to scammy and risky cryptocurrency products and services, Google will begin banning «any advertising about cryptocurrency - related content, including initial coin offerings (ICOs), wallets, and trading advice,» on its AdWords platform starting this June.

The biggest bank in Denmark is banning cryptocurrencies from its trading platforms, but will still allow credit card purchases for general customers.

Back in January, Facebook banned all advertisements associated with cryptocurrency, the blockchain, ICOs, wallets, trading advice, and other related topics.

As Nordea Bank AB blazes a trail in Europe by banning its employees from trading Bitcoin and other cryptocurrencies, the regulator is taking a back seat in a decision - making process it says is better left to the industry.

Threats of a potential cryptocurrency trading ban in South Korea have scared many investors away, but some veterans of the young market are defiant, saying restrictions would be relatively easy to circumvent.

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Starting in June, Google says that the updated Financial Services policy will ban «Cryptocurrencies and related content (including but not limited to Initial Coin Offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice).»

Google has not explained in details the reasons of its ban, but the company said, content related to cryptocurrency «including but not limited to initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets and cryptocurrency trading advice.»

Singapore's central bank has been studying the potential risks posed by cryptocurrencies, but there is as yet no strong case to ban trading of the digital coins in the city - state, Deputy Prime Minister Tharman Shanmugaratnam said.

The news about a possible cryptocurrency trading ban out of South Korea hit the markets hard, causing most coins to sell off sharply in an immediate reaction, before recovering some of the losses.

And although there was some market clamor in September when China banned initial coin offerings (ICOs) and moved to shut down crypto exchanges in the country, the market for cryptocurrency trading has diversified significantly, and as such, the markets took far less time to recover.