Sentences with phrase «local cryptocurrency exchanges»

On local cryptocurrency exchanges, investors still can use conventional means of payments such as bank transfers and wiring to invest in the cryptocurrency market.

However, this might be one of the safest peer - to - peer local cryptocurrency exchanges with a reliable escrow service and encrypted communications.

The Israeli Supreme Court reached a decision today in support of local cryptocurrency exchange Bits of Gold.

«Various scenarios such as the imposition of value - added tax, a capital gains tax, or both on trade; and the collection of corporate tax from local cryptocurrency exchanges, as well as the initiation of authorized exchanges with licenses are being discussed,» mentioned the second supply.

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.

Thanks to a surge in optimism surrounding the cryptocurrency, the price of bitcoin shot as high as $ 5,855 early Friday, up 96 % since news that China was banning local cryptocurrency exchanges broke mid-September.

According to Yonhap News, a South Korean mainstream media outlet, KCSC alongside the Ministry of Science, Technology, and Information, and the South Internet Development Agency launched a full investigation into local cryptocurrency exchanges from October 10 to December 28 in 2017.

«Pantera Capital is staunchly committed to investing in local cryptocurrency exchanges across the globe because any regional market thrives on local leadership.»

It will collaborate with local cryptocurrency exchanges to ensure that money laundering and fraudulent activities using cryptocurrencies do not occur in the local market, according to KFIU.

Local cryptocurrency exchange Quoine - one of the 11 firms to receive a license - said in a press release that it will work alongside regulators «towards the healthy development of the cryptocurrency industry within Japan and on a global scale.»

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

Since 2013, when local cryptocurrency exchanges became operational, there has been growing...

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.

Typically, Nigerians have been trading on local cryptocurrency exchanges such as NairaEx and ICE3X.

SEJONG, Feb. 18 (Yonhap)-- Sales of local cryptocurrency exchange operators are presumed to have soared more than eightyfold in 2017 compared with a year earlier, data showed Sunday.

Many investors, especially traders outside of the South Korean cryptocurrency exchange market, remain curious as to why local cryptocurrency exchanges...

This week, as CCN previously reported, South Korea's third largest cryptocurrency exchange Korbit told its users that foreigners will no longer be able to deposit or withdraw Korean won on local cryptocurrency exchanges once a new anti-money laundering (AML) system is integrated by the end of January.

South Korean law enforcement agencies are raiding local cryptocurrency exchanges to look into tax evasion, while the government is simultaneously considering banning the trade of virtual currencies there, reports Reuters.

Japanese regulators are inspecting local cryptocurrency exchanges after Coincheck lost the equivalent of more than $ 500 million in digital currency to hackers in January.

China's recent ban on initial coin offering (ICO), a cross-between crowdfunding and initial public offering, has forced local cryptocurrency exchanges into stricter self - scrutiny about their supervision mechanisms.

In a bid to boost cryptocurrency adoption in the Southern Africa nation, Golix — Zimbabwe's only local cryptocurrency exchange platform — has added bitcoin gold (BTG) and ether (ETH) to its trading platform.

National Internet Finance Association of China Issues Strict Warnings to local Cryptocurrency Exchange Bodies The Bitcoin market has been witnessing a lot of volatility owing to speculations of China planning to shut down local Bitcoin exchanges in the country.

That comes after the price of bitcoin shot as low as about $ 3,000 in mid-September, after Chinese authorities shuttered local cryptocurrency exchanges, while J.P. Morgan CEO Jamie Dimon dubbed bitcoin a «fraud.»

South Korean police and tax authorities also raided the 2 of the biggest local cryptocurrency exchanges on allegations of tax evasion.

Korea Joongang Daily added, «Shinhan Bank notified major local cryptocurrency exchanges such as Bithumb and Korbit that they should come up with measures to get rid of existing anonymous accounts.»

Six major South Korean banks including Shinhan Bank, the second largest bank in the country, will officially begin providing local cryptocurrency exchanges with virtual bank accounts.

News of the ban follows the raiding of local cryptocurrency exchanges by police and tax authorities over alleged tax evasion, as one of the key nations...

«Various scenarios such as the imposition of a value - added tax, a capital gains tax, or both on trade; and the collection of corporate tax from local cryptocurrency exchanges, as well as the initiation of authorized exchanges with licenses are being discussed.»

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.

Local cryptocurrency exchange Quoine — one of the 11 firms to receive a license — said in a press release that it will work alongside regulators «towards the healthy development of the cryptocurrency industry within Japan and on a global scale.»

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

According to data collected by the Korean government, sales by local cryptocurrency exchange operators soared approximately 88-fold in 2017 compared to the previous year.

, South Korea's third largest cryptocurrency exchange Korbit told its users that foreigners will no longer be able to deposit or withdraw Korean won on local cryptocurrency exchanges once a new anti-money laundering (AML) system is integrated by the end of January.

Last week, reports surfaced that the South Korean government was planning to enforce corporate tax policy on local cryptocurrency exchanges from the end of March 2018.

Japanese online broker Monex Group Inc said on Tuesday it is considering buying Coincheck Inc, the local cryptocurrency exchange hit by a high - profile $ 530 million theft earlier this year.

A major bank in Thailand has reportedly terminated the bank account of a local cryptocurrency exchange, following an announcement by the central bank prohibiting financial institutions from...

Monex Group Inc, a Japan - based online broker announced on Tuesday that it was considering buying Coincheck Inc, a local cryptocurrency exchange which lost $ 530 million in a high — profile theft earlier this year.

A KCSC spokesperson told Yonhap stated that the penalties received by local cryptocurrency exchanges are «far too small,» and the KCSC is aware of it.

Monex Group Inc, a Japan - based online broker announced on Tuesday that it was considering buying Coincheck Inc, a local cryptocurrency exchange which lost $ 530 million in...

When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin «mules» and peer - to - peer platforms sprung up to allow bitcoin trading to thrive, away from regulators» watchful eyes.

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.

According to Reuters, officials from the National Tax Service raided the offices of both local cryptocurrency exchange Coinone and Bithumb, which is the second largest virtual currency operator in the country.

Other items on his agenda included having all local cryptocurrency exchanges and services register with the government and also abide by the Know - Your - Customer requirements by the end of 2019.

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.

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.

In order to to enable its 620 stores to accept bitcoin, it has partnered with a local cryptocurrency exchange.

-- Reuters picSHANGHAI, April 3 — When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin «mules» and peer - to - peer platforms sprung up to allow bitcoin trading to thrive, away from regulators» watchful eyes.

Earlier this month, China issued a blanket ban on fundraising methods involving token sales, or initial coin offerings (ICOs), and local cryptocurrency exchanges have indicated they will cease domestic trading following the ban.

This suggests that the local cryptocurrency exchanges can not keep up with the cash flow demands of larger businesses.