Sentences with phrase «national cryptocurrency down»

The banking authority released the news in its «Statement on Developmental and Regulatory Policies» on April 5th, along with its plans to release its own national cryptocurrency down the road.

Not exact matches

Venezuelan president Nicolas Maduro is doubling down on his support for the Petro, encouraging the country's banks to mine and use the recently - launched national cryptocurrency.

These draft instructions have also been leaked (translation) but have so far not been verified for authenticity.The content of the leaked documents is also consistent with warnings issued by a Chinese quasi-regulatory body — the National Internet Finance Association of China (NIFA)-- regarding cryptocurrency trading, published shortly before exchanges announced that they would be shutting down.

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.

In other words, the value of cryptocurrencies as measured in dollars (or other national currencies) is likely to swing wildly up and down throughout 2018.

Thursday, South Korea's government clamped down on national cryptocurrency exchanges by announcing new legislation aimed at reining in rampant speculation.

Furthermore, the country's prime minister confirmed last week at a National Assembly meeting that closing down cryptocurrency exchanges is «not a serious consideration.»

The content of the leaked documents is also consistent with warnings issued by a Chinese quasi-regulatory body — the National Internet Finance Association of China (NIFA)-- regarding cryptocurrency trading, published shortly before exchanges announced that they would be shutting down.

The New Zealand cryptocurrency exchange BitNZ has announced it is closing down soon due to national banks cancelling accounts of bitcoin traders.