Sentences with phrase «exchanges ceased their operations»

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.

Not exact matches

The company had warned in a filing with the Securities and Exchange Commission this past May that it «may be forced to curtail or cease its activities» if its operations didn't generate enough cash flow.
ETHNews previously reported that Chinese virtual currency exchanges Huobi and OKCoin will cease their operations by October 31, 2017.
He also pledged that Chinese authorities would continue to apply pressure to the trade of digital assets, which was significantly ratcheted up last year with bans on token offerings, colloquially known as ICOs, and on cryptocurrency exchanges, which had to either cease or dramatically reconfigure their operations, or move abroad.
The Italian exchange received an order from the Court of Florence on Tuesday to cease operations immediately.
Kraken, the US - based cryptocurrency exchange, has announced their plans of ceasing all of their trading operations in Japan in the near future.
Even the big Chinese exchanges are ceasing operations.
FSA halts operations of two exchanges over KYC failure: The FSA has ceased the operations of two exchanges when they failed to implement the Know - Your - Customer (KYC) licensing requirements.
Earlier this week, several bitcoin exchanges announced they were ceasing operations in New York due to the new BitLicense requirements.
Several exchanges closed down and others were given a deadline to properly cease trading operations.
While the operation of the previous entities has ceased, a new operating company has been established with new strategic partner AJC Collective, a Los Angeles - based firm that provides operational support — including management of sales, supply chain logistics and product development — in exchange for equity and a revenue share.
In addition, a liquid secondary market for particular options, whether traded over-the-counter or on an exchange, may be absent for reasons which include the following: there may be insufficient trading interest in certain options; restrictions may be imposed by an exchange on opening transactions or closing transactions or both; trading halts, suspensions or other restrictions may be imposed with respect to particular classes or series of options or underlying securities or currencies; unusual or unforeseen circumstances may interrupt normal operations on an exchange; the facilities of an exchange or the Options Clearing Corporation may not at all times be adequate to handle current trading value; or one or more exchanges could, for economic or other reasons, decide or be compelled at some future date to discontinue the trading of options (or a particular class or series of options), in which event the secondary market on that exchange (or in that class or series of options) would cease to exist, although outstanding options that had been issued by the Options Clearing Corporation as a result of trades on that exchange would continue to be exercisable in accordance with their terms.
The CCX (Chicago Climate Change) ceased operation in 2010, largely based on public skepticism, but would have (by their own figures) become a 10 TRILLION (with a T) dollar per year trading exchange.
«The chairman of the Racing Commission... is intending to issue a formal communique to all sports bookmakers and betting exchange operators licensed in the NT if currently transacting in cryptocurrency (for example Bitcoin, Ethereum and the like) for their wagering operations to immediately cease and desist,» the email said.
Not Secure Enough In the face of tightening regulatory oversight from the country's authorities, two additional Japanese cryptocurrency exchanges are ceasing operations — bringing the total number of closed cryptocurrency exchanges to five.
These exchanges that offer users to participate in markets such as Bitcoin and Ethereum will cease operations in the country as soon as 2018.
The Russian Central Bank has confirmed that all cryptocurrency exchange platforms will cease operations in 2018
BTCC, one of the largest cryptocurrency exchange platform of China made the announcement of ceasing its home operations in the aftermath of this anti-ICO agenda taken up by the Chinese law enforcers.
The exchange also had to cease its operations in Hawaii after the state's Division of Financial Institutions required the company to maintain cash reserves equivalent to bitcoin's cash value as redundant collateral.
, Shanghai's Municipal Financial Service Office has issued a verbal order to bitcoin exchange startups, indicating that they should cease operations.
Further, news outlet Yicai reported yesterday that Shanghai's Municipal Finance Service Office had issued a verbal warning to all cryptocurrency exchanges, stating that operations must cease by the end of September.
Earlier this week, several bitcoin exchanges announced they were ceasing operations in New York due to the new BitLicense requirements.
The conducted investigations have resulted in some unregistered exchanges being issued orders to cease operations.
Gatecoin, the Hong Kong - based cryptocurrency exchange has been receiving a lot of attention following the Chinese exchange magnets ceasing their operations.
During August of last year, Turkey's sole bitcoin exchange, BTCturk, announced that it would cease operations due to its inability to find a banking partner — suggesting that despite bitcoin's legal status within Turkey, domestic financial institutions are hesitant to partner with cryptocurrency businesses.
In the face of tightening regulatory oversight from the country's authorities, two additional Japanese cryptocurrency exchanges are ceasing operations — bringing the total number of closed cryptocurrency exchanges to five.
Should all Chinese exchanges be forced to cease operations as a result of this ban, we can expect to see a massive selloff of cryptocurrencies, which might plunge the crypto market into a long drawn bear market for the foreseeable future.
The Tokyo based Bitcoin exchange was the biggest in the world until $ 480 mln went missing and founder Mark Karpeles decided to cease operations back in 2014.
The Chinese government's decision to cease the operations of all cryptocurrency exchanges except for Okcoin and Huobi right before the nation's virtual currency regulations are set to come into effect, has led to speculation that the surviving exchanges may be the only cryptocurrency exchanges permitted to operate in China moving forward.
Even the big Chinese exchanges are ceasing operations.
Those crypto exchanges shutting down will cease all operations after returning their clients» cash and crypto holdings.
Beijing - headquartered BitBays, one of the smaller but popular bitcoin exchanges founded in October 2013 in China has left a cease operations notice on their website and has informed clients they have migrated to MixCoins.com.
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