Sentences with phrase «local crypto exchange»

Regulation Another major Thai bank is reportedly terminating transactions involving cryptocurrencies through the bank accounts of a local crypto exchange.

Crypto operators have 12 months to comply, a local crypto exchange explained to news.Bitcoin.com.

The bitcoin vouchers they are offered have been issued by a local crypto exchange urging you «to buy your first bitcoin».

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.

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.

So what exactly was the motivation behind the shutdown of the local crypto exchanges?

SEC tightens rules for local crypto exchanges.

The document, released on Feb. 20, details the requirements by which local crypto exchanges must operate.

Local media agency Yonhap News reports that the government requires local crypto exchanges to pay up to 22 % in corporate taxes by the end of March and 2.2 % in local income tax by the end of April on 2017 earnings.

Last year, the Chinese government made all domestic ICO (Initial Coin Offering) activity illegal, warned citizens not to participate in foreign ICOs, and ordered all local crypto exchanges to shut down.

Last month in March 2018, the Korean regulators were investigating the local banks who do business with local crypto exchanges to see whether they are implementing the anti-money laundering measures or not.

Not exact matches

China has taken the lead on regulation at this point, but Bauerle believes this might leave a door open to crypto - focused entrepreneurs in other parts of the world if the effects are similar to the events that occurred after China regulated local bitcoin exchanges.

The national Bank of Kazakhstan is considering a ban on the exchange of crypto currency for the national currency — Tenge, and mining for crypto currency, according to local service Sputnik.

photo businesskorea.that.cu Thursday events: Południowokoreańscy regulators will check the local banks; the UK has established a task group on crypto; Fujitsu launches Center for Innovative Blockchain; improved safety at sea through the Blockchain; the fall in the exchanges.

While crypto enthusiasts in the West have created a lexicon of their own, a parallel slang is flourishing in the crypto trading community in China, a country that once dominated global bitcoin trading before authorities cracked down on local exchanges in September.

The purported reason for the omission is that crypto prices are significantly higher on South Korean exchanges than elsewhere, primarily due to local demand.

India's central bank barred banks on Friday from having any links to virtual currency dealers, slashing the prices of bitcoin and other crypto - currencies on local exchanges.

Long - time crypto watchers will recall 2013, when China banned exchanges from allowing people to buy into bitcoin and other crypto coins using the local yuan currency.

China is the only Ethereum news that matters today, as crypto markets continue to reel from a Chinese crackdown on local exchanges.

It's a semi-anonymous service that focuses on simplicity and privacy, offering in - person, local exchanges of crypto assets and online transfers backed by on - site escrow.

Later in the month, the Israeli Supreme Court sided with a local cryptocurrency exchange, Bits of Gold, against Leumi Bank, which has refused services as the crypto it traded in — Bitcoin — could not meet anti money - laundering standards.

«Binance will soon start a «fiat - to - crypto exchange» on the European island nation, and is close to securing a deal with local banks that can provide access to deposits and withdrawals.»

Bitcoin fell sharply on Friday after a report from a Chinese news outlet said China was planning to shut down local crypto - currency exchanges, although analysts said this was just a temporary setback.

According to the local daily Nikkei, two crypto exchanges in Japan, Mr. Exchange and Tokyo GateWay, are withdrawing their applications for approval to launch services for domestic customers.

In what seems like the first of such options, Moscow has opened a local street exchange where customers can come in and pay with rouble for a crypto coin.

Due to the numerous security issues faced by exchanges, chiefly hacking, many locals in South Korea are showing less trust in crypto exchanges when it comes to storing their cryptocurrencies.

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.

Japan's Financial Services Agency (FSA) has ordered the suspension of two more cryptocurrency exchanges and sent a business improvement notice to another, following a series of inspections after the January hack of around $ 534 mln in NEM from Japanese crypto exchange Coincheck, local news outlet Nikkei Asian Review reports today, April 6.

Finnish crypto exchange Prasos reports that four local banks have already blocked its transaction.

Last Friday's rumored Chinese crypto - exchange ban that pushed the segment into turmoil entered another phase today, as local regulators confirmed that the legislation is «certain», and issued a verbal shutdown order to the local exchanges.

The embracive stance toward blockchain technology is in stark contrast to China's crippling curbs against local cryptocurrency markets which has seen initial coin offerings (ICOs) outlawed and crypto exchanges phased out to effectively shutter domestic trading markets.

The news first appeared on local news publication Nikkei who also said that if the crypto exchange fails to pay attention to the notice, the agency might consider filing a criminal complaint.

Reuters MUMBAI India's central bank barred banks on Friday from having any links to virtual currency dealers, slashing the prices of bitcoin and other crypto - currencies on local exchanges.

A Singapore registered company, Qvolta's P2P cryptocurrency - fiat exchange allows users to sell and buy crypto assets around the world for local payment methods.

Cointelegraph contributor Joseph Young posted on Twitter that Indian crypto exchange Unocoin noted that as of April 6, «no banks have terminated relationships with local trading platforms»:

Qvolta seeks to fulfill the much - needed job of filling the above - mentioned void in the P2P crypto - exchange platform market by offering a reliable, quick, and convenient way to make crypto - transactions in popular local payment methods with fiat currency.

Two cryptocurrency exchanges BUDA and Crypto MKT, which operate in Chile and some other Latin American countries, have recently asked the Chilean Association of Banks (ABIF) to clarify its stance on cryptocurrencies and cryptocurrency trading after the firms» corporate accounts were closed by a number of Chilean banks, local news outlet PULSO reported March 25.

«Many people want to exchange their cryptos and a growing number of Georgians are interested in buying cryptocurrency,» he told the local news outlet Marketer.

That's worrying news for crypto enthusiasts in China, who have already seen local exchanges being shut down entirely towards the end of 2017.