Clearly he is
not against cryptocurrency technology, but we won't know what his stance is for blockchain assets that are not state controlled.
«I'm
not against cryptocurrencies or blockchain technology, which I think will have a future, but that doesn't mean Bitcoin will survive.»
You may read it on a more positive note that the Chinese government is
not against all cryptocurrencies, only ones that are speculative.
Not exact matches
The brokerage also said clients will
not be able to take short positions, or bet
against bitcoin futures, «due to the extreme volatility of
cryptocurrencies.»
The head of a small company that has attracted controversy over its ties to
cryptocurrency said that he is
not going to sell his shares while he is fighting $ 1.4 billion in bets
against the stock.
Finance minister going all out
against Bitcoin and other
cryptocurrencies is definitely a reason for grave concern for the Indian
cryptocurrency investors as he said that the government does
not consider these virtual currencies as a legal tender.
It's still
not great, of course, and as far as traditional equities markets go, a cost 50 % decline is a disaster, but in the
cryptocurrency markets, and especially
against the backdrop of the bloodbath we have seen across other points over the last few weeks, it's a drop in the ocean.
Azari - Jahromi then noted that Iran's bitcoin ban does
not mean the country is completely
against virtual currencies, and pointed out that the Central Bank's ban does
not cover local
cryptocurrencies.
This is
not the first time that Carney, who is also the governor of the Bank of England, has cautioned
against over-regulating
cryptocurrencies.
In 2014, the government also requested Chinese
cryptocurrency exchanges
not attend the first Beijing Bitcoin Conference, and issue a joint statement warning customers
against dangerous speculative investments.
The circular appears to be arbitrary and unconstitutional since it does
not give strong facts as to why RBI is
against the business of
cryptocurrencies.
Based on this, if they were to begin engaging in PR for the
cryptocurrency, their influence in this niche would
not bring them any benefits, in the fight
against bitcoin criminality.
No, it's
not a good idea to store all your savings in a
cryptocurrency, or anything else that isn't insured
against loss, FTM.
However, the central bank is still hesitant on allowing
cryptocurrency trading as explained by the chairman of State Duma Committee for Financial Markets, Anatoly Aksakov, «The central bank is
against the legalization of this type of digital currency, since in this case, citizens can start actively investing in crypto - tools,
not taking into account possible risks.»
There is a lot of scepticism surrounding
cryptocurrencies, and the Indian government is doubling down on this trend by
not only warning people
against investing in Bitcoin and other
cryptocurrencies, but also calling Bitcoin a «Ponzi scheme».
The head of a small company that has attracted controversy over its ties to
cryptocurrency said that he is
not going to sell his shares while he is fighting $ 1.4 billion in bets
against the stock.
The most popular argument leveraged
against brands enabling
cryptocurrency payments is consumers won't use it.
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.
Many Ethereum users did
not agree with this as, in their opinion, it went
against the core philosophy of
cryptocurrencies: the blockchain is immutable and should
not be affected by the whims of its users.
Following its Wavecrest card suspension, the company stated that they made the decision because of Wavecrest's continued actions of being non-compliant with their operational policies, and emphasized that the decision was
not made out of a misplaced campaign
against cryptocurrencies.
Poloniex Casts It's Vote
Against Upcoming Bitcoin Hard Fork All the
cryptocurrency exchanges are
not showing equally warm response towards the upcoming hard fork of Bitcoin.
Just because the Bitcoin blockchain and thus Bitcoin have been technically safe and secure historically, this does
not mean that other blockchains and
cryptocurrencies will exhibit the same long - term reliability, security, and resiliency
against attacks.
India does
not specifically ban Bitcoin trading, but has repeatedly warned the public
against cryptocurrencies.
Quite a lot of the time, the arguments made
against specific alternative
cryptocurrencies are justified; however, a strong case can be made that the position provided by Krawisz — that altcoins are bad in principle, and
not just in implementation, goes too far.
You can avoid that sort of problem as best you can by
not leaving any money or
cryptocurrency in an exchange wallet for longer than necessary and only using ones that are well established and have insurance
against theft.
But this does
not mean that Facebook or Mark Zuckerberg are
against cryptocurrencies.
Although China has banned Initial Coin Offerings (ICO) and both domestic and foreign crypto exchanges, its legislation
against cryptocurrencies has
not prevented the country from supporting Blockchain, the technology behind crypto.
it acts as a safeguard
against cyberattacks, such that criminals aren't able to gain control of a
cryptocurrency and exploit its holders.
While transacting in
cryptocurrencies such as bitcoin is
not illegal, the authorities are seemingly willing to take action
against any bitcoin - related activities within its jurisdictions.
A late - 2017 state - sponsored cyber attacks by North Korea
against South Korea
not only targeted
cryptocurrency users and exchanges, but also college students interested in foreign affairs, new research from Recorded Future has found.
While there are absolutely no certainties in the
cryptocurrency realm, and it'd be hard to argue
against these virtual coins
not being in a valuation bubble at this point, the following three
cryptocurrencies could leave Ripple in their dust this year.
While the KCS did
not disclose whether it is taking any legal actions currently
against these businesses, it said it will continue the effort in investigating on similar activities as well as illicit use of
cryptocurrency in money laundering and smuggling illegal goods such as drugs.
The biggest argument
against cryptocurrencies is that unlike fiat currencies, they do
not have the backing of any government.
Although Elliott dedicated three pages to
cryptocurrencies, there doesn't seem to be a strong argument
against cryptocurrencies.
It is still the fourth biggest
cryptocurrency by market cap, so maybe now isn't yet the time to bet
against it.
The company has reportedly advised the
cryptocurrency exchange Kraken that it is
not processing a transaction related to digital currencies because it is
against its internal rules.
A good thing to know: This is
not the first time Russia's central bank has come out
against cryptocurrencies.
This is
not the first time we're seeing a big corporation go
against cryptocurrencies.
It did
not break previous highs and the way it's consolidating structure is behaving, seems want to be telling us that
against the U.S. dollar, this
cryptocurrency is going to go for one more drop, before resuming it's upward growth and impulse....
Dimon's public comments on Bitcoin and
cryptocurrencies do
not mean that JPMorgan is
against all
cryptocurrencies.
The official's remarks for caution, while
not specifically hostile
against the
cryptocurrency sector, is in contrast to those offered by Taiwan's financial regulator who have taken a more embracive approach to
cryptocurrencies and initial coin offerings (ICOs).
Some see Ripple as going
against what
cryptocurrencies should stand for, which is why many don't like the standard.
«The Central Bank is
against the legalization of this type of digital currency (that can be exchanged), since in this case, citizens can start actively investing in
cryptocurrencies,
not taking into account possible risks,» said Anatoly Aksakov, chair of the State Duma Committee for the Financial Market.
The Indian
cryptocurrency community has reacted swiftly to the recent Reserve Bank of India (RBI) action
against it, which directed all regulated entities including banks
not to provide services to businesses dealing in instruments such as bitcoin.
However, the majority of the investors are
not willing to bet
against the rise of
cryptocurrencies in the following months.
Even though Ethereum classic saw a very «sizeable» increase
against the dollar last year, that alone still can't be any sign of good things ahead because 2017 in itself saw almost all
cryptocurrencies appreciate
against traditional currencies.
It has
not taken hard measures
against ICOs or Bitcoin itself or other
cryptocurrencies.
According to Mean, when KHCoin was at first offered for free there was no problem with the government, but immediately upon trying to place value on the coin the government called for action
against cryptocurrency transactions even though it is
not illegal to own
cryptocurrency.
However, it appears the
cryptocurrency exchange does
not want to just defend itself
against attacks.
In addition to
not being pre-mined, there are other differences to Litecoin, as you'll see when we stack it up
against two of the largest
cryptocurrency players, Bitcoin and Ethereum.