Sentences with phrase «currency industry begins»

As the digital currency industry begins its recovery from the Christmas - time slump, bearish news emerges from Poland, suggesting that the central bank and top financial regulator are backing an...

Not exact matches

In late July 2013, the industry group Committee for the Establishment of the Digital Asset Transfer Authority began to form to set best practices and standards, to work with regulators and policymakers to adapt existing currency requirements to digital currency technology and business models and develop risk management standards.

While the 2014 position paper on virtual currencies issued by the South African Reserve Bank seemed promising for the industry, the South African government began in July of 2017 to work with Bankymoon, a blockchain - based solutions provider, on creating a «balanced» approach to bitcoin regulation.

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.

As companies like CME begin to offer futures options on the currency, many are even banking on the idea that the industry will pop soon.

As the currency becomes more important, the insurance industry is beginning to play a role in protecting this currency.