Sentences with phrase «cryptocurrency exchanges in the country»

Coincheck, one of the largest cryptocurrency exchanges in the country got hacked.

With the exception of Bithumb, the largest cryptocurrency exchange in South Korea, which is also the second biggest trading platform in the global cryptocurrency market, the majority of cryptocurrency exchanges in the country have been fined by South Korea Communications Commission (KCSC).

It's an important development in South Korea, where regulators at one point considered altogether banning cryptocurrency exchanges in the country.

Privacy The South Korean Communications Commission has conducted a survey of major cryptocurrency exchanges in the country and found them to have insufficient customer data protection.

Early in January 2018, a South Korean official in the justice ministry made a sweeping statement that suggested a looming ban on cryptocurrency exchanges in the country, which led to widespread jitters in the market.

Enacted earlier this week, the new regulations require cryptocurrency exchanges in the country to comply with requirements outlined in the Anti-Money Laundering and Counter-Terrorism Financing Act... Read More

Coincheck, one of the largest cryptocurrency exchanges in the country got hacked.

The Japanese government is slapping penalties on several cryptocurrency exchanges in the country, after 58 billion yen ($ 530 million) of virtual coins were lost earlier this year from hacking.

Nikkei also indicated that the agency is expanding its investigations, including on - site inspections at other cryptocurrency exchanges in the country to prevent a reoccurrence of the issue.

According to reports, Japan's Financial Services Agency, a regulatory body, is informally encouraging cryptocurrency exchanges in the country to delist Monero, Zcash, and Dash, all of which are so - called privacy coins.

Yahoo! Japan is reportedly planning on launching its own cryptocurrency exchange in the country within the next year.

The last two months in India has seen Bitcoin trading go down by about 90 percent, with most of the repercussions being felt by cryptocurrency exchanges in the country.

The argument has substance, as Coinone is one of the biggest cryptocurrency exchanges in the country — now the world's third largest cryptocurrency market.

The news means cryptocurrency exchanges in the country will have to register with Austrac and be placed on a dedicated register.

It seems the inquiries paved the way for the ultimate clampdown, one that severely affected cryptocurrency exchanges in the country.

On September 11thh, Coinone, South Korea's third - largest cryptocurrency exchange behind Bithumb and Korbit, launched the first offline cryptocurrency exchange in the country, enabling clients to purchase cryptocurrencies such as bitcoin through ATMs and physical products including USB drives.

The speculation followed a report by Yicai, which showed how China's Public Information Network Security Supervision Agency had been closely watching cryptocurrency exchanges in the country.

Based on this, Canada's Ontario Securities Commission has said that unauthorized cryptocurrency exchanges in the country could be facing the might of the law.

Presently, among the most pressing contradictions among regulatory bodies in Russia is that surrounding cryptocurrency exchanges in the country between the Central Bank of Russia and the Ministry of Finance.

According to a report from Japan's Nikkei, the country's Financial Services Agency (FSA) is looking to inspect several more cryptocurrency exchanges in the country starting as soon as this week, following its visits to Coincheck in the days after its recent major hack.

Opened in 2012, Coincheck is now one of the most popular cryptocurrency exchanges in the country.

Regulatory and bank challenges are pressuring cryptocurrency exchanges in the country, as evidenced by a 90 % decline in volume on bitcoin trading platforms.

Namibia's central bank stated that it was going to ban the use of bitcoins for payments of any kind and prohibit cryptocurrency exchanges in the country in a public statement released last month.

One of the largest cryptocurrency exchanges in the country Coincheck has added Lisk on its list of traded currencies.

The South Korean Communications Commission has conducted a survey of major cryptocurrency exchanges in the country and found them to have insufficient customer data protection.

Last year, China's central bank, the People's Bank of China, enforced a blanket ban on all initial coin offerings (ICOs), a day after the Leading Group of Beijing Internet Financial Risks Remediation mandated the shuttering of cryptocurrency exchanges in the country.

Enacted earlier this week, the new regulations require cryptocurrency exchanges in the country to comply with requirements outlined in the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AMF / CFT).

While the central bank, Bank Indonesia, hasn't banned cryptocurrency exchanges in the country, the institution's governor has previously threatened legal action against bitcoin adopters using the cryptocurrency for payments.

The price of bitcoin, the world's most popular cryptocurrency at present, took a beating Thursday after reports said South Korean Justice Minister Park Sang - ki was planning a ban on cryptocurrency exchanges in the country, which is a global hub for such trading platforms.

After all Binance is the second largest cryptocurrency exchange in the country and will probably want to keep its place.

Late last year the Chinese government ordered all cryptocurrency exchanges in the country to shut down, in addition to a ban on initial coin offerings.

The South Korean Communications Commission conducted a survey which revealed that all major cryptocurrency exchanges in the country had insufficient data protection for their customers.

Japan's financial regulator has ordered two cryptocurrency exchanges in the country to halt their operations for two months due to insufficient know - your - customer (KYC) mandate.

The South Korean government today officially put to rest the recent rumors it plans to close all bitcoin and cryptocurrency exchanges in the country.

Volumes in the ETH / KRW pair offered by Bithumb, one of the largest cryptocurrency exchanges in the country, have gone up by 13.57 percent today.

As reported by CoinDesk, the country's Financial Services Commission (FSC) had mandated that all cryptocurrency exchanges in the country must introduce real - name verification procedures for all customers via domestic banks by Jan. 30.

To strengthen oversight, the FSA is expected to expand inspections to all cryptocurrency exchanges in the country over the next few months, according to a source familiar with the plan.

Japanese authorities said on Monday they would investigate all cryptocurrency exchanges in the country for security gaps and ordered Coincheck to raise its standards after hackers stole $ 530 million of digital money from the Tokyo - based exchange.

At this time, the Chinese government also says it'll ban all cryptocurrency exchanges in the country.

In early September, China banned initial coin offerings (ICOs) and a week later Chinese authorities shut down major cryptocurrency exchanges in the country.

Now all cryptocurrency exchanges in the country must ensure that all of their customers use their real names and associated bank accounts when performing crypto - fiat trades.

In April 2017, new laws in Japan required all cryptocurrency exchanges in the country to seek a license from Japan's Financial Services Agency (FSA).

Other major cryptocurrency exchanges in the country - including Yunbi, Huobi and OKCoin - are expected to cease trading by the end of October.

This appeared as a shock to most traders, with the recent clampdown on cryptocurrency exchanges in the country.

Cryptocurrency exchanges in some countries, such as South Korea and Zimbabwe, routinely sell bitcoin for 10 to 50 percent more than average global prices because local demand is so high.

on January 29, 2018, that they would investigate all cryptocurrency exchanges in the country for security gaps, and ordered Coincheck to, essentially, get its act together.

Following the Coincheck breach, Japanese authorities announced on January 29, 2018, that they would investigate all cryptocurrency exchanges in the country for security gaps, and ordered Coincheck to, essentially, get its act together.

The Australian has announced that all cryptocurrency exchanges in the country will start abiding to a set of new anti-money laundering (AML) rules from April 3.

Recently, the income tax department (ITD) raided nine cryptocurrency exchanges in the country.