The head of the Russian Orthodox Church, Patriarch Kirill, has expressed his concern about the hype surrounding cryptocurrencies and recognized the need for state
control over the cryptocurrency market.
The FSS representative confirmed that they found out that one or two employees of the FSS sold all their cryptocurrency assets shortly before the regulators announced the strengthening of
control over the cryptocurrency market.
Most analysts attribute the recent fall of bitcoin to news from South Korea and China, where the authorities intend to tighten
control over the cryptocurrency market.
Not exact matches
Market regulators have voiced concerns about the lack of a centralised authority
over the
cryptocurrency, which makes it difficult to
control or monitor transactions.
The
cryptocurrency exchanges and sales have developed a peer - to - peer nexus, and the Chinese government has lost total
control over the crypto
market.
The latest uptrend has added nearly 10 % to bitcoin's value
over the past five days, with the
cryptocurrency now
controlling 42 % of the
market.
A huge volatility and sell - off have recently gripped the
cryptocurrency market majorly due to a lot of uncertainty
over South Korean government's decision to
control and regulate
cryptocurrency trading in the country.
Circle Buying Poloniex may end in a new important
cryptocurrency firm that will have
control over an important part of the
market.
And before we split hairs
over bitcoin vs.
cryptocurrencies, the original blockchain currency still
controls more than half of the total
market cap.
Already, Kakao, the largest internet conglomerate in South Korea that operates KakaoTalk, KakaoPay, KakaoTaxi, KakaoStory, Dunamoo (UpBit), and many other subsidiaries that remain in dominant
control over their respective industries and
markets, have initiated the integration process of
cryptocurrencies.