Sentences with phrase «cryptocurrency operations last»

China became a hub of Bitcoin mining in part because of cheap hydropower there, but power authorities there also moved to cut off supplies to cryptocurrency operations last November.

Not exact matches

Last month, a governmental taskforce on internet finance asked local authorities to assist in shutting down operations that produce cryptocurrencies.

He also pledged that Chinese authorities would continue to apply pressure to the trade of digital assets, which was significantly ratcheted up last year with bans on token offerings, colloquially known as ICOs, and on cryptocurrency exchanges, which had to either cease or dramatically reconfigure their operations, or move abroad.

Earlier this month, the FSA halted operations at two cryptocurrency exchanges (Eternal Link and FSHO) and issued a business improvement order to a third exchange called Last Roots.

BitConnect, one of the most talked about player in the cryptocurrency market last year has shut down its lending operations and will be closing the BitConnect Coin exchange platform in five...

In a move that could have implications for the future of cryptocurrency exchanges, major cryptocurrency exchange OKEx announced last week that it would be expanding its operations to Malta.

Last month, then - New York Attorney General Eric Schneiderman asked Gemini and 12 other cryptocurrency trading platforms to provide details about their operations and safety measures.

PLATTSBURGH The Plattsburgh Common Council last Thursday passed a moratorium that will temporarily halt new commercial cryptocurrency operations from moving into the city for the next 18 months.

Much like the City of Plattsburgh, whose Common Council last month imposed a moratorium on new commercial cryptocurrency mining operations due to concerns over energy consumption and fire suppression, the Village of Rouses Point is allocated a comparatively small amount of cheap hydropower each month, around 13,844 kilowatts.

Last week, the head of Kaliningrad Region Development Corporation, Vladimir Zarudny, talked about attracting cryptocurrency mining operations to Kaliningrad.

During August of last year, Turkey's sole bitcoin exchange, BTCturk, announced that it would cease operations due to its inability to find a banking partner — suggesting that despite bitcoin's legal status within Turkey, domestic financial institutions are hesitant to partner with cryptocurrency businesses.

The department has placed particular scrutiny on cryptocurrency exchanges that were formerly headquartered in mainland China but relocated their operations in response to the fiat - to - cryptocurrency trading ban, which was put in force by the People's Bank of China (PBoC) last September.

Just last week the PBOC revealed it will be taking further action against cryptocurrency operations including multi-level-marketing schemes.

According to the report, among the total 32 cryptocurrency exchanges, Coincheck is currently one of the 16 platforms that are not formally registered with the FSA because the operation started before the cryptocurrency law went into effect last April in Japan.

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.

In its ICO last month, TenX raised $ 80 million worth of Ethereum with about half to be used to expand operations while the rest will provide liquidity for a cryptocurrency exchange in the works.