Sentences with phrase «for trading in cryptocurrencies»

On January 30, South Korea launched a new system for control over the real names of traders, who can no longer anonymously open bank accounts intended for trading in cryptocurrencies.

While speaking to Wall Street Journal, a Goldman spokesperson said that their clients have been expressing their interest for trading in cryptocurrencies and so the banking giant is optimistically looking forward in order to meet this demand.

While the Square Cash App is far from the first iOS app to make it easy for users to buy and sell Bitcoin, it does represent one of the most popular around and, thanks to already having a sizeable user base, the app will likely be one of the most popular solutions for trading in the cryptocurrency right out of the gate.

With a lightning - fast internet, the country is emerging as one of the world's biggest market for trades in cryptocurrencies as well as its underlying Blockchain technology.

Not exact matches

The agency recently warned that some cryptocurrency trading and initial coin offerings (ICOs) might be in violation of the law, and that much of this activity is taking place without the standard protections for investors.

On its website, Verge is described as a cryptocurrency which «improves upon the Bitcoin blockchain» and uses open - source software like Tor and I2P — both of which have been used in connection to the former trading site for illicit goods, the Silk Road.

The crackdown on Seoul - based operators of some of the world's busiest virtual currency exchanges comes as the government attempts to calm frenzied demand for cryptocurrency trading in Asia's fourth largest economy.

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.

For other cryptocurrency such as XRP, trading in the Korean won commands a premium to U.S. dollars.

Bitcoin.com - not to be confused with the non-revenue making bitcoin.org - was founded in 2015 by bitcoin investor Roger Ver, and provides a range of services related to bitcoins, including a bitcoin casino, news services and its so called bitcoin «mining pool» - the site's biggest single source of revenue - where it forges new units of the cryptocurrency to be released for trading.

The fund's green light for cryptocurrency trading comes after the price of Bitcoin, which has served as a bellwether to other cryptocurrencies, has tumbled in 2018.

In a separate hearing on ICOs in Congress last week, Mike Lempres, chief legal and risk officer for cryptocurrency exchange Coinbase, said the company does not trade ICO tokens because it «can not take the risk of inadvertently trading an asset that is later found to be a security.&raquIn a separate hearing on ICOs in Congress last week, Mike Lempres, chief legal and risk officer for cryptocurrency exchange Coinbase, said the company does not trade ICO tokens because it «can not take the risk of inadvertently trading an asset that is later found to be a security.&raquin Congress last week, Mike Lempres, chief legal and risk officer for cryptocurrency exchange Coinbase, said the company does not trade ICO tokens because it «can not take the risk of inadvertently trading an asset that is later found to be a security.»

This is a big reversal of fortune after a terrible week for the digital currency in which the CEO of J.P. Morgan (jpm) slammed bitcoin as «a fraud» and the Chinese government ordered cryptocurrency exchanges to cease trading.

The Dutch family of five is in the process of selling pretty much everything they own — from their 2,500 - square - foot house, to their shoes — and trading it in for the popular cryptocurrency.

CNBC's Bob Pisani speaks with Jan van Eck, Van Eck Associates CEO, about what he sees for the future for bitcoin ETFs and trading in the cryptocurrency.

Coinbase, one of the biggest bitcoin marketplaces in the U.S., said Friday that trading was up again after being down for more than two hours amid a price rout in cryptocurrencies.

Part of the reason for the lack of filings — especially for a year that saw investor interest in cryptocurrencies surge — is that every single trade and purchase using cryptocurrencies is considered a taxable event by the IRS.

«The government's basic rule is to prevent any illegal acts or uncertainties regarding cryptocurrency trade, while eagerly nurturing blockchain technology,» Hong Nam - ki, minister of the office for government policy coordination, said in a statement.

Just a week ago, Circle, a financial services firm specializing in Bitcoin trading, acquired Poloniex, a rival cryptocurrency exchange to Coinbase, for a price believed to be around $ 400 million, as Fortune first reported.

He's also now a spokesperson for Cobinhood, a cryptocurrency trading platform, and an investor in the company's coin, COB.

In its notice, the Canadian agency also warned cryptocurrency exchanges, where the tokens created in an ICO can be exchanged for popular cryptocurrencies like bitcoin or Ethereum, that their business could fall within the ambit of securities tradinIn its notice, the Canadian agency also warned cryptocurrency exchanges, where the tokens created in an ICO can be exchanged for popular cryptocurrencies like bitcoin or Ethereum, that their business could fall within the ambit of securities tradinin an ICO can be exchanged for popular cryptocurrencies like bitcoin or Ethereum, that their business could fall within the ambit of securities trading.

While in South Korea for the Winter Olympics, CNBC's Carl Quintanilla takes a look at the surge in cryptocurrency trading in the country and what regulations could come from the government.

Bitcoin has exploded in popularity in China over the last 3 years and now accounts for an estimated 99 % of all trade in the cryptocurrency.

China has boomed as a cryptocurrency trading location in recent years, as investors and speculators flocked to domestic exchanges that formerly allowed users to conduct trades for free, boosting demand.

This past week, at the Eurofi High Level Seminar in Sofia, Bulgaria, Commodity Futures Trading Commission (CFTC) commissioner Brian Quintenz shared his views on the «tokenization revolution» and the evolving US regulatory framework for cryptocurrencies.

Two of South Korea's largest banks, Shinhan and KB Kookmin, will be concluding their partnership with the cryptocurrency exchange Coinplug, which currently allows customers who are participating in some of the banks» credit card rewards programs to trade the points that they've earned for bitcoin.

In all, OTC trading has become a safe haven for cryptocurrency traders.

One cryptocurrency consultant interviewed for the story claimed that weekly bitcoin trading volumes in Nigeria had increased by a factor of ten between January 2017 and January 2018.

Research by Morgan Stanley bank published in a Business Insider report on Sunday, April 29, 2018, concludes that Malta now accounts for the largest proportion of cryptocurrency trading in the world by volume, followed by Belize.

The finance ministry had published an earlier draft of the latter bill on its website in January 2018, and noted that the central bank took exception to a provision that would allow decentralized cryptocurrencies to be traded on exchanges for other digital assets as well as for fiat money.

«I see the memo as the CFTC cautioning its employees on the ethical issues that could be raised by their trading in cryptocurrencies, encouraging them to consider and seek advice from the CFTC ethics team before trading in cryptocurrencies, noting that employees may not transact in cryptocurrencies if they have nonpublic information about them from their work at the CFTC, and advising that those who participate in CFTC dealings related to cryptocurrencies may not trade in them for conflict of interest reasons.»

Banks in Chile have closed the accounts for three of the country's cryptocurrency trading platforms, sparking fears of an outright blanket ban in South America's wealthiest nation.

On October 16, 2017, cryptocurrency derivatives trading platform LedgerX began listing swaps as well as put and call options for BTC / USD, financial instruments that are available to the institutional market in the US.

At the same time, the Center for Sanctions and Illicit Finance of the Defense of Democracies Foundation outlined in a study that a tiny 0.61 % of the money which enters cryptocurrency trading and conversion platforms has been used against regulations.

The supreme French administrative court, the Council of State (or Conseil d'État), has altered the classification of cryptocurrency capital gains, resulting in a tax rate reduction of more than half for trading the digital assets.

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.

The financial giants will start trading bitcoin futures for clients instead of buying and selling actual cryptocurrency, but that may come in future.

While the company advises customers against investing in virtual currencies and related financial instruments, it «provides access to trade all securities listed on, for example, Nasdaq,» meaning that some clients can purchase cryptocurrency derivatives «through the platform.»

Investors and exchanges in South Korea were bracing themselves for what was understood as a potential government - issued ban on cryptocurrency trading; but conflicting reports from different parts of the government are now surfacing, leaving the global community rocking on its heels.

Ethereum, a rival cryptocurrency to bitcoin, surpassed the $ 1,000 mark in trading on Thursday (Jan. 4) for the first time ever.

With regulators around the world calling for rules and laws governing trading in cryptocurrency, a director of Germany's central banks said rules...

After spiking to new highs in January, the cryptocurrency's price languished for several weeks in March after the SEC rejected the bitcoin exchange - traded fund proposed by investors Cameron and Tyler Winklevoss.

Here's what you might have missed in this week's cryptocurrency news: Also read: Industry Report: Bitcoin Hears Thunder, Ethereum's Biggest Crowdsale, Kaspersky Kills Crime COINBASE Bitcoin exchange Coinbase is changing its name to Global Digital Asset Exchange (GDAX) after announcing support for Ether trading on its platform.

Charlie was a former employee of Google and he was also the director of engineering at coin base for several years and for anybody that doesn't know what coin base is it's one of the biggest exchanges in the world for trading fiat currencies for cryptocurrencies.

The Financial Services Agency (FSA) have recently developed new strategies and requirements for cryptocurrency exchanges to follow, in the wake of the devastating Coincheck hack in January, evidence that the government are keen to facilitate cryptocurrency activity within its borders but are equally keen to ensure that trading remains above board, legal and safe.

This guide is for those who want to start getting involved in cryptocurrency trading.

Bitshares, a similar company, also allows for token creation but all trading takes place through their currency (BTS), meaning you are stranded if BTS plummets in cost; this is unlikely though, since they strive to provide price stable cryptocurrencies.

The problem in Japan now is not the safety and security of users who trade cryptocurrency, rather the problem is that because of the popularity of the industry, it has almost grown to big for the island.

But as far as I can tell, most transactions in Bitcoin and other cryptocurrencies are inter-currency speculative trades: US dollars for Bitcoins, Bitcoins for dollars, Chinese yuan for Bitcoins, Bitcoins for other cryptocurrencies, Dollars for Ripples, and so on.

The two Beijing - based firms had sought to enter Korea — the third - largest market for cryptocurrency trading in the world in terms of transaction volume — after they shut down services on their home turf...