Russia certainly hasn't wasted time moving to establish formal regulation of the use of
cryptocurrency in the country over the past year.
Not exact matches
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.
Stan Miroshnik, managing director of The Element Group, an investment bank for the
cryptocurrency and token - based capital markets, who gets queries from Russia, Kazakhstan, Indonesia, Malaysia,
countries in Latin America and all
over the world, says he asks founders who come to him, «What purpose does a token have for your company's ecosystem?
Over 17,000 sign petition against Indian crypto ban: A petition with over 17,000 signatures was tabled against Indian Reserve Bank's much - criticized move of banning cryptocurrencies in the coun
Over 17,000 sign petition against Indian crypto ban: A petition with
over 17,000 signatures was tabled against Indian Reserve Bank's much - criticized move of banning cryptocurrencies in the coun
over 17,000 signatures was tabled against Indian Reserve Bank's much - criticized move of banning
cryptocurrencies in the
country.
Cryptocurrency exchange Bithumb has partnered with Korea Pay's Services, a mobile payment operator
in the
country,
in a move that could bring crypto payments to
over 8,000 merchants across the
country by the end of the year.
Matthijs Johan Lek has had
over twenty years of experience
in finance and investment banking
in leading financial institutions.His team includes knowledgeable traders and consultants with significant roles
in the
cryptocurrency community as well as accomplished architects and experts of traditional stock exchanges from various
countries.
China, a
country that has exerted more control
over cryptocurrency than most, continues to move forward
in its efforts...
Stephen Pair, the CEO at BitPay, a
cryptocurrency payment processor that is responsible for handling bitcoin payments made to Newegg, also stated that the demand for
cryptocurrencies from users
in Canada has increased
over the past few years, and Newegg's integration of bitcoin would allow the adoption rate of bitcoin to grow throughout the
country.
This second
cryptocurrency was also a huge success, as confirmed by Carlos Vargas, Venezuela's
cryptocurrency superintendent, who said that
over 83,000 individuals from 127
countries participated
in the sale.
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.
At a press conference
in Tokyo, she applauded the three Asian
countries for keeping tabs on
cryptocurrency trading, stating, «We feel very strongly that we need to have this kind of regulation all
over the world.»
During the meeting, the NCB informed the SIT that about four
cryptocurrency - fuelled drugs smuggling transactions have been unearthed
in the
country in the last
over two years time while the tax department informed the panel about the searches it conducted on bitcoin exchanges across the
country last year.
The U.K.'s financial regulator has issued a warning to investors
over an unregistered brokerage firm that appears to be offering
cryptocurrency - related derivatives
in the
country.
It boasts having
over 10 million users
in 32
countries and is the largest
cryptocurrency exchange operating
in the United States by trading volume.
Countries including the U.K., India, Russia and more have recently cautioned investors and traders
over the perceived risks involved
in cryptocurrencies.
Given that a hacker stole
over $ 500 million
in cryptocurrency from the Tokyo based exchange Coincheck, many
countries have decided to begin putting regulation into the market to help avoid this from happening even further.
In another twist to the overall story, reports began to circulate in February 2018, that the country was mulling over a series of tax exemptions for cryptocurrency and blockchain technology companie
In another twist to the overall story, reports began to circulate
in February 2018, that the country was mulling over a series of tax exemptions for cryptocurrency and blockchain technology companie
in February 2018, that the
country was mulling
over a series of tax exemptions for
cryptocurrency and blockchain technology companies.
As Indian authorities continue to be perfectly ambiguous
over guidelines or regulations for
cryptocurrency adopters and the industry respectively — bitcoin and
cryptocurrencies are neither legal nor illegal, nor regulated
in India — the
country's official taxation department is perfectly clear on its foray to collect taxes from individuals
in the
country.
However, experts still believe that it is not
over for the
country that was once leading
in the daily
cryptocurrency trading volume on the exchanges.
Featured A study of Ukrainian officials» asset declarations reveals that 57 officials have declared
over 21,000 bitcoins with the majority of
cryptocurrency holders
in the Odessa regional council and the
country's Parliament.
Regulation
Cryptocurrency users
in India are using the internet to voice their protest
over a recent crackdown by the
country's central bank.
As reported previously
in September, Upbit was first announced by FinTech startup Dunnamu — the operator of the
country's most popular stock trading app Kakao Stock as a comprehensive new trading platform with support
over a hundred
cryptocurrencies.
The CEO of Binance, currently the world's largest
cryptocurrency exchange by trading volume, has hit back at reports that the exchange is to receive a warning from Japan's financial regulator
over its operations
in the
country.
The rise and popularity of
cryptocurrency have had a direct impact
in a
country like South Africa where at least 15 trading venues have opened
over the past year.
The government issued the regulations
in response to the
country's rapidly growing
cryptocurrency trading
over the last few months.
Over the past 48 hours, the global
cryptocurrency market struggled to rebound from a major correction triggered by South Korea Ministry of Justice head Park Sang - ki's premature statement on a
cryptocurrency trading ban, which was refuted by the
country's Ministry of Strategy and Finance, and the Blue House, the executive office of President Moon Jae -
in.
Upbit is the
cryptocurrency exchange integrated into South Korea's most popular chat app, KakaoTalk, which is installed on
over 95 % of all smartphones
in the
country.
Cryptocurrency users
in India are using the internet to voice their protest
over a recent crackdown by the
country's central bank.
Steemit has become particularly popular among
cryptocurrency enthusiasts
in developing
countries and it has managed to grow its user base to
over 500,000 users
in less than two years.
The Beijing government announced
in September that they will prohibit
cryptocurrency trading
in the
country over growing concerns that the
Since April 2017, Japan has recognized the digital currency as a legal tender and now the
country is poised to take
over as a leader
in the
cryptocurrency market.
Over twenty
cryptocurrency exchanges
in South Korea have agreed to undergo evaluations, including the
country's top four exchanges: Upbit, Bithumb, Coinone, and Korbit.
Following the recent regulations by the South Korean government,
cryptocurrency traders were mandated to use their real names
in trading, the
country is already seeing some crypto traders adhere to this new trading law with
over 8 % of S.Korean crypto accounts already converted to real name bank deposit accounts.
While the skepticism voiced by Venezuelan opposition lawmakers could be seen through the lens of the ongoing political crisis
in the
country, the critiques put forward by members of the local bitcoin and
cryptocurrency community are more nuanced and focused on the fact that the Maduro government will likely wield significant control
over the
cryptocurrency it's creating.
While the stated security concerns may not be related, the latest delay also comes soon after the FSA increased its scrutiny
over Japan's
cryptocurrency exchanges — especially regarding security issues — as a result of a recent hack
in the
country.
Chairman of the Financial Services Commission Choi Jong - ku said vice finance ministers of the three neighboring
countries had met
in December and discussed setting up «a detailed system of cooperation»
over cryptocurrencies.
The People's Bank of China governor, Zhou Xiaochuan has said
over and
over again that
cryptocurrencies are not recognized
in the
country.
China has imposed strict regulatory bans surrounding
cryptocurrency exchanges and initial coin offerings (ICOs)
in the
country over the past year or so.
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.
Over the past years,
cryptocurrencies such as Bitcoin, Ethereum and Monero have gained widespread attention among consumers and investors
in many
countries.
As it happened all
over the world,
cryptocurrencies gained popularity
in the
country.
CoinFox recently wrote that the
cryptocurrency exchange LocalBitcoins has 50 times increased its trading volume
in the
country over the past year.
Openledger is another solution for the decentralized
cryptocurrency exchange based
in the
country Denmark providing exchange all
over the globe.
The newspaper states that
over 25,000 Croatians, out of a
country of 4 mln, have invested
in cryptocurrency.
Speaking to Reuters, tax officials
in India have revealed that the
country's citizens participated
in over $ 3.5 billion
in transactions and investments into
cryptocurrencies like bitcoin, ethereum and ripple
over a 17 - month period leading up to 2018.
Like regulators
in a number of
countries, the Philippines SEC has been increasing its oversight
over cryptocurrency related investments recently, following a cease - and - desist order it issued to an initial coin offering
in January.
It's been well
over a year since ICOs and
cryptocurrency exchanges were banned
in China and the PBOC says it plans to continue to rectify the crypto - activity
in the
country.
Although
cryptocurrencies are legal tender
in Japan, Coincheck is not registered with the
country's Financial Service Authority, raising concerns
over whether the lost funds will be insured if the tokens can not be retrieved.
The news marks the first time that regulators
in Japan have issued a warning
over a
cryptocurrency services company since April last year, when the
country legalized bitcoin as a payment method.
Upbit is the
cryptocurrency exchange integrated into South Korea's most popular chat app, Kakao Talk, which is installed on
over 95 % of all smartphones
in the
country.