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.
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.
If you want to exchange your US dollars (USD) for WTC, you'll need to use
a local cryptocurrency exchange like Gemini.
If you want to exchange US dollars (USD) for PAY, you'll need to create an account with
a local cryptocurrency exchange like Gemini.
Not exact matches
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.
These user can use third - party gateways for payments,
like,
cryptocurrencies on Peer - to - peer
exchanges like Local Bitcoins, Instashift and so on.
Important global economies
like China and Russia have also been recently seen hitting hard on its
local trading bodies and
exchanges while putting up a curtain on
cryptocurrency trading.
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.
Currently,
cryptocurrencies like bitcoin remain unregulated in the country and Sithole cautioned traders on
local exchanges to be careful as the Central Bank seeks opinions of experts on the issue.
Cryptocurrency is a borderless technology, but
exchanges like CoinSpot are still subject to
local laws and regulations.
Specifically,
local financial authorities disclosed that several
cryptocurrency exchanges in South Korea are unregulated but are operating as legitimate businesses by utilizing the branding of leading financial institutions,
like BitKRX.
As a
cryptocurrency - only
exchange in the
local market, Upbit is popular amongst professional
cryptocurrency traders and casual investors that are looking to invest in
cryptocurrencies that are not listed on
cryptocurrency - to - fiat
exchanges like Bithumb and Korbit.
They're available the same way as any other
cryptocurrency: make an account on an
exchange like Bitstamp and buy them using your
local currency.
In South Korea, investors have started to purchase CPUs equipped with high performance gaming graphic cards
like the Nvidia GTX 1080 ti to mine smaller
cryptocurrency listed on
local exchanges,
like Zcash and...
According to
local media sources, lawmaker Anatoly Aksakov, who chairs the State Duma's financial markets committee, said that the new rules — which will reportedly formalize rules around the creation and
exchange of
cryptocurrencies like Bitcoin — are likely to be cleared by early next year.