These top crypto influencers helped us make
crypto trading decisions, taught us something new, and we've watched their observations and predictions shape market activity.
Not exact matches
While the Bank Negara Malaysia (BNM) doesn't currently have
crypto trade regulations in place, authorities are collecting information in order to make educated
decisions on how to best protect the public without stifling innovation.
I suspect the reason for this may be that a majority of stock volume these days is robo -
trading (large algorithmic or «quant» funds), while the
crypto market is still an organic market driven mainly by supply and demand... and
decisions made by individuals.
This is an unofficial ban on
crypto trade in India - and cryptocurrency traders as well as cryptocurrency exchanges have been outraged against this draconian
decision.
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Do you think that Singapore's stance on
crypto trading will influence
decisions in other countries in the region?
BTCXIndia's email cites the Indian Finance Minister's Feb. 1 budget speech that spoke negatively of
crypto's use in «illegitimate activities» as the reason behind their
decision to halt their
crypto trading.
«This RBI's
decision might encourage hawala
trading or illegal remittances and keep bitcoin /
crypto trading out of the purview of income tax authorities which was difficult to do earlier — Exchanges asks for proper KYC for any customer to buy / sell
crypto from their platform, now people will find alternative ways to do that — Some exchanges are even thinking to move out of the country (many have already planned),» he adds.
However, this was followed by a huge uproar within the Korea
crypto trading and investor community and hence the government had to reconsider its
decision and take it back.
Though, the Indian government has yet to take a firm
decision on whether or not to legalize cryptocurrencies; India's leading Bitcoin exchange, Unocoin, suggests
crypto - coin
trading could be possible through online banking even if exchanges are banned.
Litecoin was given a big boost Tuesday when the American Express - backed
crypto trading app Abra solidified its
decision to use Litecoin smart contracts feature to power its products, gaining as much as a 15 % in...
«At the last meeting of the State Duma, a
decision was taken to establish a state structure — a
crypto - detective agency, the first pilot branch which will be opened in Vladivostok, and an advisory centre for all those who want to start working with it,» told Victor Fresht, director of the Inter-University Center for the World
Trade Organization (WTO).