Sentences with phrase «domestic crypto exchanges»

The statement comes shortly after the People's Bank's representative confirmed that the regulator will carry on monitoring the activities of domestic crypto exchanges.

In a public announcement, the Korea Communications Commission (KCC) said the penalty is a result of an investigation that the agency conducted from Oct. 10 to Dec. 28 in 2017 across 10 domestic crypto exchanges.

The Chinese authorities have decided to outlaw domestic crypto exchanges in order to avoid a potential financial crisis.

Japan's Financial Services Agency is halting the operation of two domestic crypto exchanges while requiring six exchanges to report improvement plans.

Earlier this month, Chinese regulators announced it would ban all ICOs, and later called for domestic crypto exchanges to halt all trading services for Chinese customers.

There was also a huge speculation about Korean likely to put a China - like ban on crypto trading activities in the country along with the complete shutdown of domestic crypto exchange.

Not exact matches

Crypto crackdown China, home to the world's biggest community of Bitcoin miners, is cracking down on cryptocurrency activity, haling trade of virtual currencies on domestic exchanges and banning initial currency offerings.

September was when China issued an all - out war on crypto, banning domestic exchanges and initial coin offerings (ICOs).

China's police force isn't just focusing on domestic crypto activities, they're eyeing overseas exchange platforms as well, according to reports.

The comment may signal an increasing level of scrutiny down the road by the PBoC over initial coin offerings and trading services that are still available for domestic investors, even after regulators issued a ban on ICOs and essentially pushed fiat - to - crypto exchanges out of the domestic market.

According to the local daily Nikkei, two crypto exchanges in Japan, Mr. Exchange and Tokyo GateWay, are withdrawing their applications for approval to launch services for domestic customers.

Although China has banned Initial Coin Offerings (ICO) and both domestic and foreign crypto exchanges, its legislation against cryptocurrencies has not prevented the country from supporting Blockchain, the technology behind crypto.

The Korean government has been trying to restrict crypto - trading recently, raiding major exchanges and floating ideas such as bans on domestic trading.

Last year, the Chinese government made all domestic ICO (Initial Coin Offering) activity illegal, warned citizens not to participate in foreign ICOs, and ordered all local crypto exchanges to shut down.

The embracive stance toward blockchain technology is in stark contrast to China's crippling curbs against local cryptocurrency markets which has seen initial coin offerings (ICOs) outlawed and crypto exchanges phased out to effectively shutter domestic trading markets.

The trade on the decentralised crypto marketplace has rocketed after the People's Bank of China issued a warning to domestic bitcoin exchanges.

INDODAX, which is based in Bali enables domestic users to make fiat currency — bitcoin purchases and also crypto to crypto exchanges where one can swap Bitcoin for other crypto coins like Ethereum, Litecoin, Dash, Ripple and many others.

Back in early September, Chinese regulators banned initial coin offerings (ICOs) in the country and also subsequently required domestic exchanges to suspend crypto - to - fiat currency order - book trading services.

In demonstrating the sheer volume of financial capital backing domestic exchanges like Korbit, Upbit, Bithumb, and OKCoin, the aforementioned Dunamu company represents just the seventh most valuable South Korean enterprise (by market cap) that has invested in their nation's crypto exchanges.

This statement was an official response to a news article published earlier on Tuesday by one of Japan's largest news agencies, Nikkei; prompting wild conjecture after having suggested that Monex Group would soon make a splash in the domestic cryptocurrency space by acquiring Coincheck, the infamous crypto exchange that closed earlier this year after hackers stole a whopping ~ US$ 534 million worth of NEM (XEM).

Much like domestic exchanges all around the world, crypto - OTC trading platforms in that area see intense volumes.