They are grappling with ways how to
control trading in these cryptocurrencies.
Not exact matches
«While the
controls led the Jan - July
trade volume to fall from $ 9 billion to less than $ 1 billion, Bitcoin and other
cryptocurrencies rallied 4X
in that time period.
Giving no quarter to
cryptocurrencies: While China may be relaxed on blockchain research and implementation through their national system, it is tightening
controls over
cryptocurrency traded in the country.
The
cryptocurrency market is
in constant flux, regulators worldwide are grappling with ways to
control trading, and traditional banking systems are far from isolated from the global phenomenon.
Even then,
trading one
cryptocurrency for another can be done over decentralized exchanges, such as Shapeshift, Changelly or Waves Dex, directly from the holder's wallet and not from a wallet
controlled by an exchange
in their name.
As the Asian nation's efforts to
control its currency continue to draw headlines,
cryptocurrency fund manager Jacob Eliosoff pointed to data supporting the notion that China is playing a key role
in bitcoin
trading.
Bitcoin
trading boomed as Nigerians used
cryptocurrencies to end - run currency
controls restricting access to the dollar put
in place to curtail the recession.
At last check, bitcoin
controlled roughly 44 % of the global
cryptocurrency market, with roughly 39 % of all
trades being made
in BTC.
In order to control the speculation in the popular cryptocurrency, the commission plans to prohibit cryptocurrency exchanges from opening new trading account
In order to
control the speculation
in the popular cryptocurrency, the commission plans to prohibit cryptocurrency exchanges from opening new trading account
in the popular
cryptocurrency, the commission plans to prohibit
cryptocurrency exchanges from opening new
trading accounts.
ViaBTC.com, the recently launched bitcoin and
cryptocurrency exchange from China mining provider ViaBTC Limited announced that
in order to
control speculation and avoid major price fluctuations, the company is going to adjust their transaction fees for all CNY
trading pairs (including API Taker fee) to 0.2 % with API Maker fee remaining at 0 %.
On January 30, South Korea launched a new system for
control over the real names of traders, who can no longer anonymously open bank accounts intended for
trading in cryptocurrencies.
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.