Last year, the Financial Services Commission
banned local finance firms from trading bitcoin futures, according to local publication Business Korea.
Not exact matches
Kaminsky, meanwhile, released a five - point ethics reform platform that include
bans on lawmakers earning outside income, expanding penalties for corruption, campaign
finance law changes and enhancing the powers of
local district attorneys.
«When I launched this campaign months ago, I pledged to fight everyday to
ban outside income, reform our campaign
finance system, and empower
local DAs because we need to do everything in our power to stop corruption,» Kaminsky said in a statement.
In the autumn it became cleat that in the Netherlands the
finance ministry and the
local financial markets regulator Authority for the Financial Markets (AFM) are conducting consultations on
banning the advertising of certain financial products.
In a press conference, the South Korean Ministry of Strategy and
Finance told
local reporters that it had first heard of the Ministry of Justice's cryptocurrency trading
ban through media reports.
India still does not have any regulations over the trading of cryptocurrencies and they are not
banned by law, but the government has taken a hard stance, and the new move by
local banks was prompted by a statement by Indian
Finance Minister Arun Jaitley to curb digital currency trading.
However, South Korea - based Cointelegraph contributor Joseph Young reported on his personal Twitter today, citing
local sources, that the South Korean Ministry of Strategy and
Finance does not agree with the proposal from the Ministry of Justice to
ban cryptocurrency trade in the country.
The Cointelegraph noted that Justice minister Park Sang - ki, who said earlier this week that the government is working on a bill to
ban Bitcoin trading on domestic exchanges, is at risk of losing his job, as more than 60,000 citizens signed a petition voicing their support of his removal; minister Park is said to have acted independently and without having consulted the
local task force in charge of regulating cryptocurrencies, or even the Ministry of Strategy and
Finance (also a part of the task force that's currently being set up).