Sentences with phrase «cryptocurrency operations in the country»

However, off lately, rumours about China reconsidering to uplift the ban and resuming the cryptocurrency operations in the country have emerged.

This was the very beginning of China's crackdown on cryptocurrency operations in the country.

Not exact matches

(a) changes in political, social, economic and stock or cryptocurrency market conditions, and the regulatory environment in the countries in which Nimbus Token Platform conducts its respective businesses and operations;

Given the fact that prior to the adoption of the decree the appeal cryptocurrency assets in the country is not governed by law, the document stipulates that legal persons have the right to own tokens, and, given the number of features to carry out certain operations.

More importantly, the fact that these large cryptocurrency exchanges are beginning operations in Western countries means that they will be better integrated into the world financial system than they were at their beginnings.

Kazakhstan National Bank is considering a conservative move of completely banning any cryptocurrency - related operations in the country.

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.

Not Secure Enough In the face of tightening regulatory oversight from the country's authorities, two additional Japanese cryptocurrency exchanges are ceasing operations — bringing the total number of closed cryptocurrency exchanges to five.

This move of Binance to move to Malta could pave way for more cryptocurrency businesses in Asia to look towards other countries that are friendly towards cryptocurrencies to base their operations.

Japanese news outlet Nikkei reported yesterday that Japan's Financial Services Authority (JFSA) is planning to issue a warning requiring the cryptocurrency exchange desk to shut down its operation in the country.

In addition, the bill also seeks to put the operation of cryptocurrency exchanges under oversight of the country's central bank.

Experts also believe that the new regulations in South Korea may also force western cryptocurrency corporations to stop their operations in South Korea or even completely leave the country.

South Korean cryptocurrency exchange Coinpia has suspended fiat deposits as well as trading operations after the company was not able to meet the country's new KYC requirements in time, as stated in an announcement on their site Tuesday, Feb. 6.

It wouldn't be surprising to see more big mining operations pop up in the country as demand for cryptocurrency grows — which inevitably puts more strain on the network.

In September, the government announced a ban on cryptocurrency trading and required all exchanges in the country to stop their operationIn September, the government announced a ban on cryptocurrency trading and required all exchanges in the country to stop their operationin the country to stop their operations.

The Presidental Decree that became effective as of March 28, 2018, legalized all crypto - related business in the country, including, ICOs, mining and cryptocurrency exchange operations.

In the face of tightening regulatory oversight from the country's authorities, two additional Japanese cryptocurrency exchanges are ceasing operations — bringing the total number of closed cryptocurrency exchanges to five.

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.

While cryptocurrency is technically illegal to own / trade in Iceland, there are still a number of large - scale, well - known mining operations throughout the country.

While China has evolved into a leading domicile for bitcoin mining, the country's central bankers have been pushing back, triggering a wave of defections among mining operations to head for more cryptocurrency - friendly waters in the Western world, more specifically, Canada.

However, the Finance Minister's remark is disputable as a number of cryptocurrency exchanges and operations are relocating to Japan, fleeing campaigns against them in countries such as China.

The Financial Services Agency in Japan has today issued a directive to the largest cryptocurrency exchange in the world, Binance to either halts operations in the country or risk facing crinal charges.

Even though China has taken a firm stand against cryptocurrencies, banning ICOs and the operation of crypto exchanges in the country last September, it is reportedly developing its own sovereign cryptocurrency.

Other reports indicated the South Korean Justice Ministry's plans to ban operations with cryptocurrencies in the country.