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.