Sentences with phrase «bitcoin on the local exchange»

Most South Africans have noticed the discrepancies between the price of bitcoin on the local exchanges and international platforms.

Not exact matches

South Korea's new management - minded approach is a dramatic turnaround from its energetic regulatory crackdown on cryptocurrency exchanges this past year, alarmed at a heated market that saw local prices of Bitcoin and other virtual currencies in South Korea trade for higher than international levels.

Then it called on local exchanges to stop trading in cryptocurrencies and outlined proposals to discourage bitcoin mining — the energy - intensive computing process that makes transactions with the digital currency possible.

Today, despite the recent major price correction of bitcoin caused by the Chinese government's nationwide ban on local bitcoin exchange, bitcoin price remains above $ 3,600.

Because the South Korean bitcoin exchange market have outgrown many major markets and demand from local investors are at all - time high, Demeester explained that in the short - term, the price of bitcoin may depend on the South Korean bitcoin market along with Japan and the US.

China has taken the lead on regulation at this point, but Bauerle believes this might leave a door open to crypto - focused entrepreneurs in other parts of the world if the effects are similar to the events that occurred after China regulated local bitcoin exchanges.

On April 25, 2018, cryptocurrency exchange platform «Everyone's Bitcoin» (みんなのビットコイン) published a notice (Japanese) regarding a business improvement order, which it recently received from the Kanto Local Finance Bureau (a regional department of Japan's Ministry of Finance).

South Korea's government said on Thursday it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as the nation's police and tax authorities raided local exchanges on alleged tax evasion.

Yesterday, on March 8, the price of bitcoin has dropped below $ 9,500 briefly, triggered by Binance hack rumors, the Japanese government's issuance of penalty on local exchanges, and the sell - off of a massive amount of bitcoin by the Mt. Gox trustee.

Trading on Local Bitcoins is as easy as posting ads, stating an exchange rate, and agreeing on a payment.

While crypto enthusiasts in the West have created a lexicon of their own, a parallel slang is flourishing in the crypto trading community in China, a country that once dominated global bitcoin trading before authorities cracked down on local exchanges in September.

And even private trading of cryptocurrency arranged through chat - apps like Telegram and WeChat, for example, could fall under scrutiny, according to the Wall Street Journal.This much stricter stance on Bitcoin, beyond just exchanges but also concerning Bitcoin itself, seem consistent with comments from PBOC Counselor Sheng Songcheng, as reported by local news sources like Shanghai Securities News.

Chinese officials seem to systematically decline requests for comments, local sources are willing to provide information on condition of anonymity only, while leaked documents remain unverified.Despite this lack of clarity, here's what's known so far.Effects on TradingThe most important thing we know for sure is that Chinese bitcoin exchanges will be closing down, or at least exiting China.

India's central bank barred banks on Friday from having any links to virtual currency dealers, slashing the prices of bitcoin and other crypto - currencies on local exchanges.

These user can use third - party gateways for payments, like, cryptocurrencies on Peer - to - peer exchanges like Local Bitcoins, Instashift and so on.

Following the major crackdown on the country's local Bitcoin exchanges in China, the global market sentiment has absolutely turned negative and a bit of panic and fear is being witnessed within the investor community.Panic selling is being witnessed in the cryptocurrency markets where Bitcoin price finally drops below $ 3000.

The cryptocurrency markets witnessed a major correction owing to two main reasons: first is the negative statement by Wall Street's one of the most powerful men and JP Morgan boss — Jamie Dimon on Bitcoin, and other because of Chinese regulatory bodies cracking - the - whip on its local cryptocurrency exchanges.

However, after suffering the woes of the major Chinese crackdown on local Bitcoin exchanges, it seems that the overall market sentiment is again turning positive after almost a week of consolidation.

Bitcoin fell sharply on Friday after a report from a Chinese news outlet said China was planning to shut down local crypto - currency exchanges, although analysts said this was just a temporary setback.

Because the South Korean bitcoin exchange market have outgrown many major markets and demand from local investors are at all - time high, Demeester explained that in the short - term, the price of bitcoin may depend on the South Korean bitcoin market along with Japan and the US.

Argentina has seen a large growth in its local Bitcoin community because of the local government's frequent economic mismanagement; the country last went bankrupt in 2001, and is currently experiencing inflation rates of around 30 - 50 %, depending on which exchange rate one believes.

Amidst all the major crackdown on the local Bitcoin exchanges and trading platforms in the country, it seems that bitcoin investors today are getting to breathe some fresh air and a momentary Bitcoin exchanges and trading platforms in the country, it seems that bitcoin investors today are getting to breathe some fresh air and a momentary bitcoin investors today are getting to breathe some fresh air and a momentary relief.

Phillip Securities Thailand Ltd. announced on Monday the launch of its bitcoin futures trading services for investors wanting to invest in bitcoin futures listed on the Chicago Board Options Exchange (CBOE) and the Chicago Mercantile Exchange (CME), local publications reported.

Well, the easiest way is to create an account on a Bitcoin exchange like Coinbase, where you can buy as well as sell them with your local currency.

Currently, cryptocurrencies like bitcoin remain unregulated in the country and Sithole cautioned traders on local exchanges to be careful as the Central Bank seeks opinions of experts on the issue.

On NairaEx, users can buy bitcoin with naira using bank transfers or bank deposits and use the exchange's wallet for remittance purposes as users can also easily cash out their bitcoin back into local currency.

Trading volumes in the BTC / Ruble currency pair have enjoyed growing volumes this year on both the BTC - e exchange and the Local Bitcoins peer - to - peer marketplace, according to data from Bitcoin Charts.

What's Good For CBOE Is Good For Us In comments to local media outlet Globes, Julien Assous said there is «definitely room» for listing Bitcoin futures on the Tel Aviv Stock Exchange (TASE).

You will still be able to use it as a store of wealth, sell it for local currency — or other digital currencies — based on the relevant exchange rate (s), send it to other Bitcoin wallets, and use it as a means of payment all around the world.

A report by the local newspaper Sankei Shimbun claimed that the agency has started their review on whether the exchanges dealing with virtual currencies like Bitcoin have implemented measures aimed at protecting their users.

After hitting down hard on the operations of local exchanges last year in September 2017, the Chinese government is now having its eyes on local bitcoin miners present in the country.

Blockstream Chief Strategy Officer Samson Mow went so far to say that even if China does ban bitcoin and its local exchanges, it will not work on Bitcoin and the cryptocurrency will continue to sustain its upwardbitcoin and its local exchanges, it will not work on Bitcoin and the cryptocurrency will continue to sustain its upwardBitcoin and the cryptocurrency will continue to sustain its upward trend.

Individual Indian Bitcoin exchanges preempted the positive figures, Zebpay reporting milestone downloads of its app, helping it reach number seven on Apple's App Store in the local financial category.

The country's position has weakened to a degree, after the People's Bank of China decreed that all local Bitcoin exchanges must close and issued a blanket ban on Initial Coin Offerings, all in September 2017.

Other speakers included Bitkan MD Ruby Chen, Local exchange BTCBOX whose CEO David Zhang focused on Bitcoin business development, as well as journalist Jon Southurst, who presented on Bitcoin trading and business.

Reuters MUMBAI India's central bank barred banks on Friday from having any links to virtual currency dealers, slashing the prices of bitcoin and other crypto - currencies on local exchanges.

I strongly recommend you to compare the exchange rate on your local exchange to a Bitcoin price index once you find a Bitcoin exchange in your country.

Having bounced back dramatically from the 20 % plunge following China's ban of ICOs, Bitcoin prices are going down again on very heavy volume as Caixin reports Chinese authorities plan to shut local exchanges.

The Korea Communications Commission and the Ministry of Science and ICT announced on Tuesday that they will cooperate to conduct on - site inspections of bitcoin exchanges, according to local publications.

The Reserve Bank of India, its central bank, has not put the hammer down on trader accounts, but Indian banks have taken a two - pronged approach that's denting trading activity, including closing bitcoin exchange accounts and limiting cryptocurrency transactions among locals.

Economy & Regulation Nigerians are trading close to $ 4 million worth of bitcoin a week on 13 local exchanges, despite multiple warnings by authorities against investing in cryptocurrencies.

At the Blockchain NZ conference held in Auckland, New Zealand earlier this week, Bitcoin and security expert Andreas Antonopoulos emphasized the Australian government's uninvolvement in its local Bitcoin market and the impact of such actions on Bitcoin businesses and exchanges.

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).

Or, if you're in the mood to organize a whole bunch of paperwork over the holiday, you can register yourself on one of the many bitcoin exchanges (there will probably be a local one for your country) and then deposit your bitcoins there.

Yuske noted that there are also many investors in the local real estate market looking to sell multi-million dollar properties in exchange for bitcoin, because it is difficult to purchase massive amounts of bitcoin on cryptocurrency exchanges without undergoing a rigorous verification process to increase trading limits.