Sentences with phrase «cryptocurrency trading accounts»

South Korea's financial watchdog has set a deadline for the barring of anonymous cryptocurrency trading accounts within the country.

South Korea's financial watchdog has set a deadline for the ban on anonymous cryptocurrency trading accounts within the country.

Reports in local news agency Yonhap claimed Sunday, Jan. 14, that requirements for Korean traders to use their real names for cryptocurrency trading accounts, a potential regulation reported earlier in January, will indeed come into effect by the end of this month, citing «the authorities.»

South Korea's financial watchdog has set a date for the introduction of a new rule barring anonymous virtual cryptocurrency trading accounts.

Several major banks, including JP Morgan Chase, Citigroup, and Bank of America, prohibited the use of credit cards for purchasing digital currencies, while South Korea recently banned unknown cryptocurrency trading accounts.

(Source: Bitcoin briefly falls 11 % after South Korea moves to ban new cryptocurrency trading accounts, CNBC, December 29, 2017)

The South Korean government will reportedly enforce new rules banning the use of anonymous cryptocurrency trading accounts from January 20h.

While unconfirmed, there are rumors that new rules banning the use of anonymous cryptocurrency trading accounts will kick in on Saturday, January 20th.»

But there's an important detail to point out in the Coinbase and Charles Schwab comparison: The cryptocurrency trading accounts are worth much less than the $ 3.3 trillion total client assets in the more than 10 million open Schwab accounts.

But there's an important detail to point out in the Coinbase and Charles Schwab comparison: The cryptocurrency trading accounts are worth much less than the $ 3.3 trillion total client assets in the more than 10 million open Schwab accounts.

It's free to sign up for a cryptocurrency trading account by providing your email address, creating a password and, in some cases, supplying proof of ID.

With banks closed over the holidays, traders could be caught without dry powder in their cryptocurrency trading accounts, unable to top up fiat funds when they need to.

It also comes just days after the country's financial watchdog formally banned anonymous cryptocurrency trading accounts, which took effect on Jan. 30.

First, on Jan. 23 South Korea's financial regulator set a date for the introduction of a new rule barring anonymous cryptocurrency trading accounts.

In a global survey of 672 active Bitcoin investors, researchers asked traders the method they used to fund their cryptocurrency trading accounts.

Instead, new rules mandating the end of anonymous cryptocurrency trading accounts have already kicked in after Korean banks began supporting cryptocurrency exchanges with KYC - enabled accounts with traders» real - names from January 30.

Kim Yong - beom, vice chairman of South Korea's Financial Services Commission, told reporters Tuesday that the cryptocurrency trading accounts will not be given out to underage citizens or to foreigners, meaning only adult South Koreans will be able to transact using the new accounts, Yonhap News Agency reported.

Nevertheless, under the new law, foreigners who already have cryptocurrency trading accounts will be able to withdraw their funds after the law is being past on the 30th of January according to the FSC.