Sentences with phrase «major trading hub»

Moreover, South Korea has become a major trading hub for all cryptocurrencies these days.

South Korea is also a major trading hub for Litecoin.

Not exact matches

Hong Kong, for example, abolished its 40 % wine tax in 2008 and has since become a major wine trading hub.

It is recognized by the Greater Los Angeles New Car Dealers Association as the year's premier automotive event in this major convention and trade hub.

Tokyo is one of the major forex trading hubs in the Asian region.

As futures trading became adopted as a standard practice, millions of bushels of grain passed through Chicago, establishing the city as a major transportation and shipping hub and giving birth to a second futures exchange, the Chicago Mercantile Exchange (CME).

Israel, which is not an EU member state but is a major European binary options hub, also imposed a ban on trading in such instruments in the country.

Supply industries with freight, develop complex cargo chains and link major hubs of trade to fuel rapid economic expansion.

Dunhuang was a major hub on the Silk Road — the great trade route that linked the Mediterranean to China — and centuries of travelers came through there, often commissioning caves as offerings for safety and prosperity on the road.

On Monday, however, the Chinese authorities received widespread plaudits when, in a first for the country, they destroyed more than six tons of confiscated ivory ornaments and tusks in Dongguan, a city in the southern province of Guangdong, which is a major hub for the ivory trade.

As the fifth largest exporter of goods in the world and a major European transportation hub, it is also a center for international trade.

And that's visible in the resource sector more than anywhere else since Toronto is a trading hub for mining and energy companies, which London sees as a major attraction.

Incorporated as a city in 1822, St. Louis prospered as a fur trading center and, due to its prime location on the Mississippi, quickly became a major transportation hub with the development of steamboat traffic and the later expansion of the railroads in the 1850's.

The news comes as South Korea is emerging as a new hotbed of digital currency trading, and as neighboring China, once a major hub for activity, cracks down on local exchanges.

The comment by Kim Dong - yeon on Wednesday comes as traders at home and around the world have been spooked by conflicting comments from government officials in South Korea, a major hub for cryptocurrency trade, that Seoul was planning to ban local digital coin exchanges.

Sudden government actions in major Bitcoin trading hubs stand to disrupt the market, with the potential to severely affect the utility of bitcoin — and accordingly, the value,» Shidan Gouran, president of Global Blockchain Technologies Corp, told the Street.

For instance, ViaBTC and BTCC, two major hubs for cryptocurrency trading, will be shuttered by the end of September.

This comes as a major whammy for the world as China was once considered to be a global hub for cryptocurrency trading — but is now leading everyone in cracking down.

The building houses the headquarters of the DMCC, a major global interconnected Free Zone and hub for commodities trading.