Last year's sluggish start can be partially credited to
concern over currencies as well as the emerging markets outlook in a rising rate environment.
The restoration comes shortly after the company discreetly suspended the form of payment amid rising transaction fees and
concerns over the currency's volatility.
Not exact matches
Bitcoin's value dropped below $ 8,000 on Friday morning, taking $ 100 billion off the cryptocurrency market as
concerns grew
over the future of digital
currencies this week.
Sterling had been on a downward trend since the UK's vote to leave the EU, but reduced
concerns over an abrupt break - up are sending the
currency higher.
Many are cheaper this year as a result of
currency fluctuations and
concerns over terror attacks, he said.
Capital outflows lead to a weaker
currency, which
concerns the hordes of Chinese companies that borrowed debt in foreign
currencies over the past few years and now have to pay it back with a weaker yuan.
Business circles are particularly
concerned over the future of U.S. - China commercial ties as President - elect Donald Trump prepares to take office, having pledged to brand China a
currency manipulator and threatened to impose tariffs on its goods.
The European Central Bank (ECB) President Mario Draghi's
concerns over the impact of a strong euro on a weak euro zone economy raise the prospect of monetary easing to dent the
currency's appeal, an analyst told CNBC.
BTCChina said its decision was based on a Sept. 4 directive from Chinese authorities that expressed
concern over investment risks involved in cryptocurrencies and ordered a ban on so - called initial coin offerings, or ICOs — the practice of creating and selling digital
currencies or tokens to investors to finance start - up projects.
Concerns over virtual
currency exchanges are nothing new.
(c) Banks are apprehensive about boarding bitcoin entities
over concerns related to money laundering activities which could be carried out by their newly boarded digital
currency clients.
Bloomberg reports that China could boost its gold purchases from Hong Kong as much as 50 percent this year
over concerns of
currency devaluation, a slowing real estate market and shaky stocks.
The share price of Natural Resources, a company with a going
concern warning in its financial reports, has risen by
over 3,000 % since the company announced its intention of entering the digital
currency realm and changing its name to Blockchain Holdings in a report sent to the TASE on October 17.
In an attempt to halt a
currency crisis, and
over concerns related to money - laundering, the Central Bank of Iran has banned the banks of the country from dealing in virtual
currencies such as Bitcoin.
The Bank of Japan said it has no plan to issue a central bank digital
currency due to
concerns over financial stability.
Lately, regulatory
concerns have been undercutting demand for digital
currencies as of late, specifically a warning last week from the Securities and Exchange Commission
over crypto - trading platorms, market participants said.
While North Korea's attack highlights
concerns over security, Dimon's remarks represent the doubt of some mainstream traders and governments about virtual
currencies.
The U.S. derivatives regulator will hold two meetings to discuss the procedure and operational controls for listing and trading digital
currency futures, it said on Thursday, amid rising
concerns over the risks bitcoin poses to the financial system.
However, while the Fed's mandate does not extend to reacting to the vagaries of the
currency market or the dynamics affecting other economies, recent US dollar strength and wobbles in risk assets caused by
concerns over the state of the Chinese economy can not be entirely ignored.
The global stock market rout of the past week was sparked by
concerns over a possible interest rate rise by the U.S. Federal Reserve and not by the devaluation of China's yuan
currency, a senior Chinese central bank official told Reuters on Thursday.
I'd be
concerned with
currency fluctuation if I only had US stocks (I'm not optimistic for that
currency over the short term), but with a basket of global stocks (and hence global
currencies) I'm not very worried.
Managing
currency volatility was a chief
concern for
over 50 % of treasury managers owing to political uncertainty.
If there was genuine
concern over the future trade policies of the United States, the
currency markets would have been in turmoil.
However, it was not that long ago that we were
concerned about
currency wars where countries sought an advantage
over their neighbours by devaluation in the hope of gaining an increased share of global markets.
Asian stocks edged up on Thursday as robust corporate earnings helped Wall Street quell
concerns over a surge in U.S. bond yields, while the dollar hovered near three - month highs against a basket of
currencies.
The actions of the CBN
over the last 9 — 12 months to wit, improving the foreign
currency liquidity in the market, establishment of various windows within the Nigerian foreign exchange market and ensure timely execution and settlement for eligible transactions etc., has eased the
concerns of such institutions and encouraged them to continue lending to Nigerian companies.
Bitcoin prices (BTC / USD) were down at the start of Friday trading, but were poised for a dramatic weekly rise amid easing
concern over the future of the digital
currency.
While such volatility is not uncommon in the world of cryptocurrency, it goes to show there is still some
concern over the future price stability of this
currency.
We have grave
concerns about [the craze
over] virtual
currency and [a shutdown] would be one of the goals we are aiming for.»
BTCChina said its decision was based on a Sept. 4 directive from Chinese authorities that expressed
concern over investment risks involved in cryptocurrencies and ordered a ban on so - called initial coin offerings, or ICOs — the practice of creating and selling digital
currencies or tokens to investors to finance start - up projects.
The Chinese government apparently was
concerned over investor speculation in the digital
currency, and in particular in the use of Bitcoin to move money outside the country.
Earlier this month, for example, it plummeted 25 %
over five days after
concerns grew that a new
currency called Bitcoin Cash, which promises to speed up transactions, would make Bitcoin itself a less attractive payment option.
Concern about the bitcoin hard fork — a protocol designed to address slow transaction times as currency use increases — carried over from 2016 into 2017, a concern that gave many observers uncertainty about bitcoin's
Concern about the bitcoin hard fork — a protocol designed to address slow transaction times as
currency use increases — carried
over from 2016 into 2017, a
concern that gave many observers uncertainty about bitcoin's
concern that gave many observers uncertainty about bitcoin's future.
Saudi Arabia's partnership with the virtual
currency company comes after Gulf regulators have expressed
concerns over Bitcoin and the cryptocurrency market's lack of regulation.
With a crazy rush of investors registering on crypto exchanges and given
concerns over issues connected with money laundering and tax evasion, the South Korean government banned the opening of any virtual accounts on the exchanges last month and even asked the existing virtual
currency traders to change their virtual accounts to the ones with real names.
Officials cited
concerns over the volatility of the
currency and felt that it was likely to depreciate in value, prompting the government to sell off the coins.
News
Over the past few months there's been a lot of internet chatter
concerning the digital
currency tether (USDT) and whether or not it's really backed by U.S. dollars.
The government expressed
concerns over the cost of securely storing the seized
currency for a long period of time, favoring the sale of the coins instead.
As
concerns grow
over crypto - mania in the country, South Korea's government is doubling down on efforts to rein in trading of virtual
currencies like bitcoin.