Sentences with phrase «cryptocurrency speculation»
"Cryptocurrency speculation" refers to the practice of buying and selling digital currencies, like Bitcoin or Ethereum, with the goal of making a profit. It involves predicting and taking financial risks based on the potential future value of these digital assets. Full definition
The South Korean government has announced today what they said are «measures to temper cryptocurrency speculation».
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Now, trying to tame the wave of wild cryptocurrency speculation in the country, South Korea is imposing trade bans for minors and looking for ways to impose taxes on investment returns.
While it's not yet clear whether the reported memo will become immediate policy, the news indicates the continuing severe stance taken by China's top regulators towards curbing cryptocurrency speculation and lowering perceived financial risk in the country.
Governments everywhere are trying to balance the risks of cryptocurrency speculation with the growth opportunities which blockchain technologies provide.
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PBoC's governor Zhou Xiaochuan takes aim at cryptocurrency speculation in a press conference on Friday.
Now, trying to tame the wave of wild cryptocurrency speculation...
South Korean regulatory plans to tackle cryptocurrency speculation spooked investors earlier this month.
He also added that cryptocurrencies can not be branded as a legal tender and that the government shall «strongly respond to excessive cryptocurrency speculation and illegal activity.»
New Delhi (Sputnik)-- India's central bank RBI has once again warned users, holders and traders of virtual currencies including Bitcoins about the potential economic, financial, operational, legal, customer protection and security - related risks associated with cryptocurrency speculation.
Fan's comments also echo a previous note in early March from the bank's former governor Zhou Xiaochuan, who struck a critical tone towards cryptocurrency speculation and the perceived risks it poses to the country's financial stability.
Gold ended 2017 up double digits, despite pressure from skyrocketing stocks and massive cryptocurrency speculation.
Cryptocurrency speculation led to a hype that attracted the government to take action in order to control it.
South Korean regulators are seeking cooperation with counterparts from Beijing and Tokyo to address cryptocurrency speculation.
The South Korean government is strengthening regulations to eradicate an overheated cryptocurrency speculation but an increasing number of information technology (IT) companies, such as gaming and security, have declared to enter the cryptocurrency exchange market.
The governor of China's central bank struck a critical tone on cryptocurrency speculation during a media appearance on Friday.
Africa has had its share of digital currency scams that target unknowing users looking to profit from cryptocurrency speculation.
If you're the type to take cryptocurrency speculation mobile, consider Coinbase, an iOS app that functions both as a cryptocurrency wallet and trading app, supporting Bitcoin, Bitcoin Cash, Ether, and Litecoin, with users able to buy in or cash out through PayPal or card or bank accounts.
A South Korean cryptocurrency regulator in charge of «devising measures against cryptocurrency speculation» was found dead in his home from an apparent heart attack on Monday, semiofficial government news agency Yonhap News reports.
Blockchain Evangelist, Melvin Petties explains that limited intelligence of the underlying protocol fundamentals, dynamics and nuance make cryptocurrency speculation for everyday folks a more risky endeavor than they may be aware of.
The move comes as part of the financial regulator's push through a strengthened «know - your - customer» (KYC) compliance to curb cryptocurrency speculation.
After reading all this text about cryptocurrency speculations, here are some links, which might interest you:
PBoC's governor Zhou Xiaochuan takes aim at cryptocurrency speculation in a press conference on Friday.
The main reason behind this building up stress was the extreme work pressure arising out of regulatory stances taken by South Korean government to tackle cryptocurrency speculation.
Ki - joon said in a briefing last month that cryptocurrencies, like Bitcoin, weren't a legal currency and the government «would strongly respond to excessive cryptocurrency speculation and illegal activity,» according to WSJ.
He reportedly qualified this expression of interest in the technology by cautioning parties that are developing blockchain solutions to thoroughly test their products, services, and platforms before releasing them to the public, and by denigrating the trend of cryptocurrency speculation.
«Since most cryptocurrencies are not actually backed by anything real, cryptocurrency speculation is based on the greater fool theory — I can buy this at $ 100 because there is someone who is a bigger idiot who is going to buy it at $ 200.
But our cryptocurrency speculation days are probably over — we're not as eager to pay thousands of dollars for internet money that no one except for a select few seems to understand.
Since we started accepting bitcoin as payment in collaboration with BitPay, I've received a number of questions from our customers who were concerned that we might be taking part in cryptocurrency speculation.
The most obvious example is the cryptocurrency speculation, which includes Bitcoin, the numerous and rapidly - multiplying Bitcoin alternatives and, more recently, the stocks that are involved in cryptocurrency «mining».
The events of this past week proved once again that cryptocurrency speculation isn't for the faint of heart.
The move comes as part of the financial regulator's push through a strengthened «know - your - customer» (KYC) compliance to curb cryptocurrency speculation.
And in an effort to curb cryptocurrency speculation, the authorities are working on increased oversight of exchanges (which could include a licensing scheme), although the governor of the Financial Supervisory Service has said the government will support «normal» cryptocurrency trading.
He reportedly wants to «educate people about the risks of bitcoin investment after the recent sharp surge in bitcoin's trading value prompted him to worry that Thais would fall victim to cryptocurrency speculation.»
«Cryptocurrency speculation has been irrationally overheated in Korea.
«Cryptocurrency speculation has been irrationally overheated in Korea,» the government said in a statement, while adding that officials would discuss further potential moves to stem speculative trading, such as shutting down some virtual currency exchanges.
(Source: «PBoC Governor Blasts «Explosive» Cryptocurrency Speculation,» CoinDesk, March 9, 2018.)
In its statement, the government said it «can't leave the abnormal situation of speculation any longer» and said «cryptocurrency speculation has been irrationally overheated» in Korea.
Last week, South Korea became the latest country to issue stern warnings about cryptocurrency speculation, with a government official warning that major exchanges could get shut down if newly implemented rules fail to cool the market.