Sentences with phrase «for local cryptocurrencies»

After a lot of speculation for fishy trading activities going within the decentralized cryptocurrency world, financial regulatory bodies across the globe are working towards introducing regulatory frameworks for local cryptocurrency trading platforms and exchanges...

Despite sweeping concerns of a ban on domestic cryptocurrency exchanges, proposed by Korea's justice ministry, the Korean government quashed such fears today while confirming wider regulatory moves for the local cryptocurrency ecosystem.

Not exact matches

Bitcoin slumped as South Korea's justice minister reiterated his proposal to ban local cryptocurrency exchanges, fueling concern that a government crackdown will erode one of the world's biggest sources of demand for digital currencies.

South Korea's new management - minded approach is a dramatic turnaround from its energetic regulatory crackdown on cryptocurrency exchanges this past year, alarmed at a heated market that saw local prices of Bitcoin and other virtual currencies in South Korea trade for higher than international levels.

The PSC responded on Wednesday that it would allow those local power companies to raise rates for cryptocurrency miners.

In another instance, the power demanded by cryptocurrency companies accounted for 33 percent of the local power company's load.

Despite the region's colorful history — involving Mt. Gox, for example — the local authorities see merit in these new technologies in the global cryptocurrency industry.

«Icon's listing in local exchanges is significant itself as the coin is South Korea's first platform coin,» built on code that can be used for other applications, said Park Nok - sun, a cryptocurrency analyst at NH Investment and Securities.

The issuance of new cryptocurrencies, which were banned in South Korea six months ago, has returned to the country via overseas listings for local trading.

Azari - Jahromi, Iran's youngest minister and known as an innovator, said in a tweet in February that his ministry's Post Bank had been working with local experts on an experimental cryptocurrency model that would be presented to the country's banks for review and possible approval.

A reason for this may be the viewpoint that Russian cyber-criminals are left alone by Russian authorities, as long as they don't target fellow Russians, a reason why Russian - speaking criminal forums didn't bother supporting privacy - hardened cryptocurrencies, as they don't fear they'll be targeted by local law enforcement.

«We see a bright future for cryptocurrency across a number of industry verticals, and with BitX's strong management team and solid track record, look forward to leveraging Naspers» global platform and local knowledge to help them capitalise on these opportunities».

Cryptocurrencies are being used both for online purchases and local businesses.

KICKICO recently co-organized a cryptocurrency congress in Argentina, which took place from the 6th to the 10th of April in Cordoba and Buenos Aires.The event demonstrated a rapidly growing interest for blockchain technology and cryptocurrencies with a KIKCICO - led group of Russian specialists meeting local students, startups and government officials.

Raised investments will be used for obtaining licenses, opening local offices, connecting cryptocurrency exchanges and other purposes.

And even private trading of cryptocurrency arranged through chat - apps like Telegram and WeChat, for example, could fall under scrutiny, according to the Wall Street Journal.This much stricter stance on Bitcoin, beyond just exchanges but also concerning Bitcoin itself, seem consistent with comments from PBOC Counselor Sheng Songcheng, as reported by local news sources like Shanghai Securities News.

Source: Sneak Peek: Mexico's Regulations for Crypto Exchanges Expected in «Weeks» Regulation Mexico's bill to regulate fintech institutions including cryptocurrency exchanges is expected to become law within «weeks,» according to local crypto exchange ISBIT.

Source: Sneak Peek: Mexico's Regulations for Crypto Exchanges Expected in «Weeks» Mexico's bill to regulate fintech institutions including cryptocurrency exchanges is expected to become law within «weeks,» according to local crypto exchange ISBIT.

PLATTSBURGH Just hours after the PSC announced it would allow local authorities to charge cryptocurrency miners more for electricity, Plattsburgh Mayor Colin Read warned that the decision doesn't mark the end of the city's energy concerns.

«First, the government of South Korea will continue to struggle with anonymous accounts used for cryptocurrency trading and will punish market manipulations, money laundering, and fraudulent operations with investigations in which local law enforcement agencies and financial authorities will participate.

GOPAX is a technologically global, responsibly local cryptocurrency exchange which serves as a gateway for investors to fund new innovations in the blockchain space.As a safe window to the global cryptocurrency market, the assets of our customers always come first here at GOPAX.

A security - focused researcher, Kim In - soon at South's Korea ET news, says the demand for the bitcoin hardware wallets in South Korea has been growing exponentially ever since the cryptocurrency users have been skeptical of investing and storing their funds at the local cryptocurrency exchanges.

These user can use third - party gateways for payments, like, cryptocurrencies on Peer - to - peer exchanges like Local Bitcoins, Instashift and so on.

While the aim of local cryptocurrencies is not necessarily to be a vehicle for speculation, their growth does show a level of adoption and an ability to maintain a userbase.

Blockchain regulation - the local scenario Malta is at the forefront of creating a framework for blockchain regulation, which has already attracted nothing less than the world's largest cryptocurrency exchange to the island: Binance.

Iranian marketplaces such as btckala.com accept bitcoin while sites like digiarz.com make it easier for local companies to track how cryptocurrency prices compare to Iranian currency.

Emerging Markets After the Chinese government banned local bitcoin exchanges from operating in the country some industrious people have begun going abroad to buy the cryptocurrency and reselling it in China for a premium...

So far, the only attempts to bring it to a halt were in China and South Korea (SK restricted new account creation for a few weeks, but have now allowed them), where national government ordered the shutdown of local cryptocurrency exchanges.

Today, Monday 25 September 2017, on BitcoinFundi, the local Zimbabwean cryptocurrency exchange BTC traded for as much as $ 7,200 / BTC translating to an 85 % premium based on the Coinbase price of $ 3,900.

It was reported earlier that Kim Dong - yeon, the Minister of Strategy and Finance and Deputy Prime Minister of South Korea had declared that active investigation was carried out by the government for protecting customer assets, implementing stricter Anti-Money Laundering (AML) and Know your Customer (KYC) policies and ensuring consumer protection amongst investors of Bitcoin and local Cryptocurrencies.

We ended up seeing limited use of bitcoin for both, despite a handful of local merchants accepting the cryptocurrency.

Raised investments will be used for obtaining licenses, opening local offices, connecting cryptocurrency exchanges and other purposes.

Gemini is a local cryptocurrency exchange that allows you to exchange US dollars (AUD) for bitcoin (BTC) or Ethereum (ETH), which you can then trade for Zcoin.

These four features include cryptocurrency enabled credit cards that can be used for payment in local stores, a cryptocurrency exchange with support for fiat currency, a payment provider and ATMs that will allow for the instant purchase of coins with fiat money.

On the first day of the hackathon, central bank vice president, Lucas Llach (known in the local bitcoin community for his antagonist view on cryptocurrencies), talked about how blockchain could be a source of innovation in the financial industry.

To exchange fiat currency (in other words, US dollars) for KMD, you'll need to register for an account with a local cryptocurrency exchange like Gemini.

You can exchange US dollars (USD) for ADX tokens on local cryptocurrency exchange HitBTC.

From more local bitcoin exchanges that enable users to buy and sell cryptocurrencies using local currency to bespoke blockchain solutions such as the ChamaPesa app, more local startups are expected to develop value - adding blockchain - based solutions for Africa.

Nevada Gov. Brian Sandoval signed a historic cryptocurrency bill into law Monday, Senate Bill 398, which blocks local governments from taxing blockchain transactions or requiring a permit for them.

Since 2013, when local cryptocurrency exchanges became operational, there has been growing enthusiasm for bitcoin spurred by the belief that cryptocurrency is an excellent way of safeguarding value.

According to RT, Russian businessman Aleksey Kolesnik has all but confirmed buying two power stations for cryptocurrency mining operations in the future — citing a report from local newspaper Kommersant.

According to local publication Publimetro, ABIF has responded to the two cryptocurrency exchanges, claiming it isn't responsible for solving the problem.

In particular, local renewable energy provider Looop has some ambitious plans for the cryptocurrency mining industry as a whole.

The Spanish Tax Agency (AEAT) has sent information requests for customer data to 60 companies associated with cryptocurrencies, including financial firms, intermediaries like crypto exchanges and ATMs, and companies that accept crypto as a payment option, local news outlet El Economista reported yesterday, April 5.

If you want to exchange your US dollars (USD) for WTC, you'll need to use a local cryptocurrency exchange like Gemini.

On Dec. 28, the South Korean government announced its plans to ban the use of anonymous virtual accounts for cryptocurrency trading in an effort to «curb virtual currency speculation», local news agency Yonhap reported.

«We expect that in Belarus there will be a cryptocurrency exchange system operating for conversion to real money,» Sergey Lazyuk, a senior executive at local Raiffeisen Group institution Priorbank told media outlet Sputnik.

The center is located in Gaborone, Botswana's capital, and functions as local hub for cryptocurrency and blockchain innovation as well as a focal point for Botswana's local bitcoin community.

Through its Crypto - Nigeria arm, local meet ups have been arranged in order to tackle criminal activities by collaborating with government agencies and relevant bodies in fighting against crypto - related crimes, such as HYIP and Ponzi schemes that use bitcoin and other cryptocurrencies for payment.

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