Do you think Ukrainian deputies will speed up the process of adopting
cryptocurrency regulations after multiple calls by other Ukrainian institutions?
Not exact matches
South Korea, which has become a
cryptocurrency trading hub
after a market frenzy that attracted even housewives and students, has already imposed some
regulations on
cryptocurrency trading.
After about 32,000 investors allegedly lost the equivalent of $ 658 million in two Vietnamese ICO scams, the country's prime minister called for the proposal of ICO and
cryptocurrency regulations.
China steps up its
regulation of
cryptocurrency trading by going
after online platforms and mobile apps.
Singapore has become the third most popular place to launch and an ICO
after the United States and Switzerland, all because of the combination of China's strict rules on
cryptocurrencies and Singapore their easy
regulation of it.
Mr. Jackson's remarks come less than a week
after a U.S. house of representatives hearing entitled «Oversight of the SEC's Division of Corporation Finance» saw William Hinman, the director of the SEC's Division of Corporation Finance, claim that the SEC is seeking to develop a «balanced» framework for the
regulation of
cryptocurrencies.
As
regulation surrounding
cryptocurrency is in the forefront of the news, Hong Kong is taking center stage
after classifying certain tokens and ICOs as securities.
Jan. 17 — Bitcoin steadied
after slumping as much as 26 % yesterday as proposals for tough new
regulations in Asia and Europe weighed on
cryptocurrencies.
Trading in
cryptocurrency market was a mixed bag on Tuesday,
after reports came in that South Korea is yet to decide on
cryptocurrency market
regulation.
«The introduction of encouraging
regulations after assessing all kinds of risks would enable us to generate revenues from the
cryptocurrency market, especially from bitcoin,» he wrote in a dedicated report on the topic quoted by various outlets.
After much «will they or won't they», the South Korean government has finally implemented
cryptocurrency trading
regulations.
The expected move to submit the bill also comes months
after Russian President Vladimir Putin ordered new
regulations to be developed around
cryptocurrencies and blockchain, including rules specifically aimed at initial coin offerings (ICOs).
Russian authorities are receiving an increased backlash
after revealing their new suggested set of
regulation regarding
cryptocurrencies.
On Monday, media reported that Chinese authorities were considering further reinforcement of its
regulation framework banning both domestic and foreign
cryptocurrency trading platforms in the country, several months
after Beijing's crackdown on initial coin offerings (ICOs) in September.
People's Bank Of China On A Hiring Spree Of Blockchain Experts The People's Bank of China is on the lookout of fresh Blockchain experts
after the announcement of
regulation on
cryptocurrencies and ICOs by Chinese Government was made public few days back.
Regulation of the
cryptocurrency market spread globally
after the massive gains Bitcoin and other alternative currencies experienced in the later part of 2017.
In addition, the
regulation proposal may also respond to the market trend where public companies have seen their stock price spike
after rebranding to something related to the blockchain and
cryptocurrency — a trend also reflected on the stock exchanges in the U.S.
After mass public uproar and most recently accusations lawmakers were «ridiculing the Korean people,» the outlook for
cryptocurrency regulation in South Korea has suddenly begun to look notably more constructive.
ZB began work on November, 1, the next day
after other Chinese
cryptocurrency exchanges ceased their operations due to the recent
regulation tightening in China.
Saudi Arabia's partnership with the virtual currency company comes
after Gulf regulators have expressed concerns over Bitcoin and the
cryptocurrency market's lack of
regulation.
«The introduction of encouraging
regulations after assessing all kinds of risks would enable us to generate revenues from the
cryptocurrency market, especially from Bitcoin.
In mid-December 2017, the Korean Blockchain Industry Association announced that it plans to «establish a set of specific ethical codes on the virtual currency bourses, including insider trading and market manipulation»
after the South Korean financial authorities began considering
cryptocurrency regulations.
«The introduction of encouraging
regulations after assessing all kinds of risks would enable us to generate revenues from the
cryptocurrency market, especially from bitcoin.
While the amount of the individual fines may not be significant, the move arrives just a day
after the country's financial watchdog set a date for the formal cessation of anonymous
cryptocurrency trading, yet another signal of the effort underway by the country's authorities to increase
regulation of
cryptocurrency exchanges.
The announcement came just months
after Russia briefly banned then reinstated
cryptocurrency trading and indicated it would implement specific
regulations to govern the market.
As a reaction last week
cryptocurrencies tumbled with the Bitcoin falling even below $ 6,000
after having reached a high of $ 20,000 on 17 December for fear of more
regulation.
This is
after many experts and regulators shared the belief that the
cryptocurrency markets lacks proper
regulations.
Launched
after some delay in June 2015, the New York State Department of Financial Services» (NYDFS) regulatory framework — dubbed the «BitLicense» — sets out that no company or individual can offer
cryptocurrency services as a custodian or exchange without first receiving a license, and they must also operate in compliance with stringent money transmitter
regulations.
South Korean regulators are finalizing the taxation framework for
cryptocurrencies and will most likely throw some light on the probability of a full - scale
regulation of the
cryptocurrencies after mid-June.
The comments come
after Giancarlo — who arguably won over segments of the
cryptocurrency community by declaring that, without bitcoin, «there would be no distributed ledger technology» — urged for a balanced approach to
regulation when speaking before the Senate committee last week.
Calls for exchanges to establish a self - regulatory body intensified recently
after Securities and Exchange Commission (SEC) released a statement warning
cryptocurrency exchanges that it was a violation of federal
regulations for them to list ICO tokens the agency classifies as securities.
On March 6 the Ministry of Personnel Affairs imposed a de facto ban on all government officials from holding and trading
cryptocurrencies after officials from the FSC were caught insider trading
cryptocurrencies, before forthcoming announcements were made about
cryptocurrency regulations — which was tantamount to corruption.