Sentences with phrase «national cryptocurrency exchanges»

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

The Financial Services Agency (FSA) announced that it is ready to conduct inspections of national cryptocurrency exchanges in order to evaluate their security measures aimed at protecting customers» funds.

Earlier, the KCC along with the Ministry of Science, Technology, and Information and the Korea Internet Development Agency checked the security systems of 10 national cryptocurrency exchanges.

The financial regulator of Japan has announced its plans to inspect national cryptocurrency exchanges after Coincheck lost $ 530 million in altcoins due to hack attack.

A member of China's leading political advisory body recommended not to hinder the development of cryptocurrency market, but rather introduce regulatory measures and establish a national cryptocurrency exchange.

... [Read more...] about China's political advisor suggests to establish a national cryptocurrency exchange

A member of China's top political advisory board has proposed the creation of a national cryptocurrency exchange and other regulatory systems at one of the two annual sessions of China's top legislative and advisory bodies, local news outlet Lie Yun Wang reported on March 3.

Not exact matches

«A few officials from the National Tax Service raided our office this week,» an official at Coinone, a major cryptocurrency exchange in South Korea, told Reuters.

It was the first country to adopt a national system to regulate cryptocurrency trading after its exchanges were subject to some well - known breaches including Mt.Gox.

Russian nationals identified in a Justice Department indictment released Friday used cryptocurrency exchanges as part of an alleged scheme to mislead U.S. citizens leading up to the 2016 presidential election.

South Korea's National Tax Service is investigating two of the country's most prominent cryptocurrency exchanges, Bithumb and Coinone.

Other reports of a verbal order from the Shanghai Financial Service Office come from a translated story featured on Yicai, a Chinese media group, which indicates that, sometime in the evening on September 13, the National Internet Finance Association of China made an issuance decrying the legality of cryptocurrency exchanges.

The competing announcements come just after investigations into cryptocurrency exchanges Bithumb and Coinone were launched by the National Tax Service.

The chairman of the National Bank of Kazakhstan told Sputnik News it is seeking an all - encompassing ban on cryptocurrency exchanges and mining.

The new rule also appears to have a wider affect on foreign nationals who had been using cryptocurrency exchanges in South Korea through a virtual bank account.

«In light of the CFTC and the [National Futures Association]'s public statements regarding the riskiness of the underlying cryptocurrency products, we believe that the launch of new exchange - traded derivatives in cryptocurrencies deserves a healthy dialogue between regulators, exchanges, clearinghouses and the clearing firms who will be absorbing the risk of these volatile, emerging instruments during a default,» Lukken said.

Around $ 6.2 million - worth of cryptocurrency was hacked from exchange accounts and wallet services in 2017, Japan's National Police Agency says.

SEOUL — A South Korean intelligence agency apparently told the country's National Assembly on Monday that North Korea likely played a part in last month's massive theft from a Japanese cryptocurrency exchange service provider.

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.

Around $ 6.2 million - worth of cryptocurrency was hacked from exchange accounts and wallet services in 2017, Japan's National Police Agency says.

The chairman of the National Bank of Kazakhstan told Sputnik News it is seeking an all - encompassing ban on cryptocurrency exchanges and mining.

The National Settlement Depository (NSD), the central depository for Russia's Moscow Exchange, has recently partnered with Waves Platform to develop a potential digital blockchain platform to serve digital assets including cryptocurrencies and tokenized assets.

Exchanges provide services to buy and sell cryptocurrencies and other digital assets for national currencies and other cryptocurrencies.

The new rule also appears to have a wider affect on foreign nationals who had been using cryptocurrency exchanges in South Korea through a virtual bank account.

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.

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.

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.

While this model is common, Bisq is one of the few decentralized exchanges that lets users buy and sell bitcoins in exchange for national fiat currencies as well as alternative cryptocurrencies.

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Chief amongst these is decentralization, which means that the various facets of cryptocurrency, such as exchanges, are not constrained by national borders.

But Japan has taken a different tack, becoming last year the first country to introduce national - level regulation of cryptocurrency exchanges.

As per the latest reports published by the National Police Agency of the Republic of Korea (South Korea), it has been confirmed that hacker from other side of the border have been targeting the local South Korean Bitcoin Exchanges with multiple attempts to steal the cryptocurrency.

You can exchange your bitcoins at any time for national currencies or other cryptocurrencies like Ethereum, Litecoins, Monero, and many more.

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It offers buying and selling services for Bitcoin and other, similar cryptocurrencies, and will exchange US dollars and other standard fiat currencies for Bitcoins, as well as buying Bitcoins for USD and 31 other national fiat currencies.

Hong Kong also turned unkind with the national market regulator calling for more stringent regulations against Binance and other cryptocurrency exchanges.

Following announcements from other central banks including the UK and the US, India's central bank has been applying regulatory pressures on its national banks and local cryptocurrency exchanges.

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At the same time, US regulators at national level in the form of the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) continue to urge caution on ICOs and similar offerings in the cryptocurrency industry.

The Chinese government also recently issued a statement which implied that it is planning to introduce a national licensing program for cryptocurrency exchanges, as it fears cryptocurrencies being associated with criminal activities.

In 2017, the Russia - related cryptocurrency exchange BTC - e went offline after a Russian national and alleged BTC - e operator Alexander Vinnik was arrested in Greece on a US warrant.

In a public statement published on Jan 26, the National Internet Finance Association (NIFA) writes that, after China issued a ban on ICOs last September and ordered closure of cryptocurrency exchanges, it has seen investors moving their funds to overseas platforms.

SEOUL — A South Korean intelligence agency apparently told the country's National Assembly on Monday that North Korea likely played a part in last month's massive theft from a Japanese cryptocurrency exchange service provider.

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

A cryptocurrency exchange is an online location where users can buy, sell or trade cryptocurrencies for other cryptocurrencies or national currencies too.

This positive balance can then be used to exchange for the current exchangeable amount in a national currency or another cryptocurrency.

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.

Japan is the first country to implement regulation on cryptocurrency exchanges at the national level, with 16 exchanges currently registered with authorities.

No matter where you are located, you will be able to sell your bitcoins online in exchange for other cryptocurrencies or national currencies, provided you already have an existing account with an exchange.

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