Sentences with phrase «investors at cryptocurrency exchanges»

As reported by CoinDesk, the FSC announced in January that, from the end of the month, banks would no longer be allowed to service virtual accounts for investors at cryptocurrency exchanges, an effort that sought to prevent anonymous cryptocurrency transactions from being used in money - laundering activities.

Not exact matches

Bitcoin initially breached the $ 6,000 threshold Friday morning at only one exchange, Hong Kong - based Bitfinex, where investors can buy and sell cryptocurrencies such as Bitcoin and Ethereum.

A strategist at Deutsche Bank says retail investors have shifted to trading cryptocurrency after not profiting on foreign exchange trades.

The index fund, which will invest in the same cryptocurrencies traded on Coinbase and its institutional exchange GDAX — currently including Bitcoin, Ethereum, Bitcoin Cash and Litecoin — will be available only to U.S. accredited investors, or those who have annual income of at least $ 200,000 or a net worth of at least $ 1 million.

If there was another way to promote exposure to prominent cryptos by using proven fiat exchanges, cryptocurrencies could take an important step toward the goal of ubiquity by simply skipping over the layers of technical friction that keep many would - be investors at bay.

A lot of cryptocurrency investors went to bed last night feeling pretty good, as bitcoin rose as high as $ 9,700 on at least one exchange.

With US - based residents eyeing tax returns and South Korean investors anticipating the January 31 cryptocurrency exchange resumption date, the global cryptocurrency market would likely recover at a rapid rate throughout early February.

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.

Interest from institutional investors for cryptocurrency trading continues apace in 2018, with the rising popularity of Bitcoin, alt - coins, ICOs and the launch of Bitcoin futures products at the end of 2017 by major exchange operators Chicago Mercantile Exchange (CME) and Chicago Board Options Exchangeexchange operators Chicago Mercantile Exchange (CME) and Chicago Board Options ExchangeExchange (CME) and Chicago Board Options ExchangeExchange (CBOE).

Once these cryptocurrencies start being traded at the exchanges, investors would be able to enter into Bitcoin future contracts.

The index fund, which will invest in the same cryptocurrencies traded on Coinbase and its institutional exchange GDAX — currently including Bitcoin, Ethereum, Bitcoin Cash and Litecoin — will be available only to U.S. accredited investors, or those who have annual income of at least $ 200,000 or a net worth of at least $ 1 million.

The number of Hawks available is strictly limited to the amount issued for the crowdsale, in other words, when the crowdsale is ended, investors would have to purchase Hawks on cryptocurrency exchanges at a price far higher than what is being offered in the ICO.

Therefore researchers, regulators, developers and potential investors looking at an ICO should look for paper trails to identify investors, users, organizers, insiders, and potential malicious actors.6 This also includes exchange operators and their principals who may learn weeks beforehand when a cryptocurrency will get listed and thus, may have material, asymmetric information they can act on.

The Securities and Exchange Commission (SEC) has warned investors of cryptocurrency investing risks, halted several ICOs and hinted at the need for greater cryptocurrency regulation.

The new exchange, CoinfloorEX, will allow miners, hedge funds, traders and sophisticated investors to unlock the financial potential of bitcoin at scale, through specifically designed cryptocurrency contracts and operational controls, supported by institutional grade risk management and governance, Coinifloor announced in a press release.

Investors Business Daily notes that «at the moment many individuals exchange trading ideas and discuss the latest developments in forums, while specialized news websites report on Bitcoin and the wider cryptocurrency industry.

In Friday's announcement, the Commission noted that it has received complaints from investors about not being able to withdraw fiat currencies or cryptocurrencies from their accounts at crypto exchanges.

Despite the fact that many virtual currency investors relied in good faith on the like - kind exchange exemption until the law was changed at the end of this year, the IRS may decide that cryptocurrencies don't qualify under the rule.

Miles Eakers, chief market analyst at foreign exchange business Centtrip, said in an email on Monday night: «Governments across the globe continue to clamp down on retail investors speculating on cryptocurrencies, with the People's Bank of China stating it would step up measures to remove any onshore or offshore platforms related to virtual currency trading or ICOs, «to prevent financial risks».»

Another expert, Thomas Glucksmann, head of APAC business development at cryptocurrency exchange Gatecoin, thinks that technological advancements and new investor products could lead to bitcoin's great hike.

Erik Voorhees, a highly regarded bitcoin investor and the CEO of ShapeShift, one of the largest cryptocurrency exchanges that account for 3 percent of the entire Bitcoin network's transaction volume, stated that bitcoin is continuing to grow at an exponential rate because people are willing to separate money and the state.

South Korean regulators conducted on - site inspections at other domestic cryptocurrency exchanges in the wake of the hack, and the country has since passed new rules designed to cool off the markets and protect investors.

Chosun also quotes Lee Keun - hee, a professor of business administration at Sogang University, as saying, «If cryptocurrency exchanges currently operate outside regulatory systems, that means there is no way for investors to be compensated in the event of a Coincheck - like hack on a Korean exchange.

Many investors, especially traders outside of the South Korean cryptocurrency exchange market, remain curious as to why local cryptocurrency exchanges like Bithumb and Korbit only list a few cryptocurrencies at a time.

ICOs — which are essentially a crowdfunding effort for cryptocurrency in which investors put money up front for the promise of digital coins — became popular in 2017 and, by the end of the year, caught the attention of regulators at the U.S. Securities and Exchange Commission.

At the press conference, the exchange concurred with deputy finance minister, stating that cryptocurrency trading on its platform will only be allowed for qualified investors, Tass conveyed.

At the same time, investors across the world in Australia have begun reporting instances of banks blocking their accounts after they attempted to send funds to legal cryptocurrency exchanges.

In most cases an initial coin offering has funds flowing from investors to blockchain project developers, while at the same time tokens or cryptocurrency flow back to the investors in exchange.

It assumes a hands - off stance with regard to cryptocurrency regulation in general, yet, «At the same time, SEBI can not allow gullible investors to be taken for a ride with unlawful promises by these exchanges and those claiming to «mint» cryptocurrencies.

This incident has left a mark of caution and fear within investors just at the time when the crypto markets and digital currencies are gaining a lot of limelight with a huge number of investors seen signing up at the cryptocurrency exchanges.

«If investors can not fully understand the risks of cryptocurrencies and ICOs or they are not prepared for a significant loss, they should not invest,» said Julia Leung, executive director of intermediaries at SFC. «Investors who store their fiat currencies and cryptocurrencies with unregulated cryptocurrency exchanges should be aware of the risks of hacking and misappropriation of assetinvestors can not fully understand the risks of cryptocurrencies and ICOs or they are not prepared for a significant loss, they should not invest,» said Julia Leung, executive director of intermediaries at SFC. «Investors who store their fiat currencies and cryptocurrencies with unregulated cryptocurrency exchanges should be aware of the risks of hacking and misappropriation of assetInvestors who store their fiat currencies and cryptocurrencies with unregulated cryptocurrency exchanges should be aware of the risks of hacking and misappropriation of assets.»

Bithumb Releases App «for Professional Investors» South Korean cryptocurrency exchange platform Bithumb (the world's seventh biggest exchange per market volume) has unveiled a new app aimed at professional iInvestors» South Korean cryptocurrency exchange platform Bithumb (the world's seventh biggest exchange per market volume) has unveiled a new app aimed at professional investorsinvestors.

The platform, aimed at miners, projects that made their token sales, traders, investors, and exchanges, will allow holders of crypto assets to gain access to loan - based financial services, using cryptocurrency as collateral

By allowing this service, which is a product of a relationship with Simplex, investors can bypass cryptocurrency exchanges, which incidentally top US banks have taken aim at of late.

For our investors the drawdown of the cryptocurrency exchange rate at the moment means only one thing — it's a great opportunity to buy OKOIN on better terms at the beginning of its path to success!

Similarly, most crypto investors are familiar with «flash crashes» and oversized liquidations that have caused crypto values to plummet on individual exchanges while those same cryptocurrency values remained unaffected on other exchanges at the same time.

The statement also hints at the further scrutiny of cryptocurrency exchanges to protect investors, saying, «the SEC staff will continue to focus on platforms that offer trading of digital assets and their compliance with the federal securities laws.»