Sentences with phrase «exchanges in the country amid»
Optimism in the market comes from recent news from Japan that over ten companies are planning to open digital currency exchanges in the country amid surging demand from investors and a favorable regulatory landscape.
https://bitcoinmagazine.com/ Not exact matches
Earlier this week, the South Korean Justice Ministry announced that it was preparing legislation to close the country's online exchanges amid a speculative boom in cryptocurrencies.
Earlier this week, the South Korean Justice Ministry announced that it was preparing legislation to close the country's online exchanges amid a speculative boom in cryptocurrencies.
Having topped out at a spectacular all - time high of $ 5,013 on September 1, prices have since continued to drop amid likely profit - taking by traders and, more recently, the crackdown on cryptocurrency exchanges by the People's Bank of China and other authorities in the country.
Amid the government's moves to quell the market, statements from some officials had indicated that the country might be planning to ban cryptocurrency exchanges altogether — news that was linked to a sudden drop in the prices of many cryptocurrencies.