Sentences with phrase «of cryptocurrency trading exchanges»

China ordered a complete ban on all initial coin offerings by pulling down the shutters of cryptocurrency trading exchanges for containing the inherent financial risks associated with money laundering and hacking of virtual wallets which has plagued the crypto world since the very beginning.

Not exact matches

Earlier this week Fortune had the scoop on Circle, a Goldman Sachs - backed fintech startup, buying the cryptocurrency exchange Poloniex, where many of these projects» digital tokens trade.

The U.S. Commodity Futures Trading Commission (CFTC) subpoenaed cryptocurrency exchange Bitfinex, and Tether, a digital coin company at the end of last year.

The crackdown on Seoul - based operators of some of the world's busiest virtual currency exchanges comes as the government attempts to calm frenzied demand for cryptocurrency trading in Asia's fourth largest economy.

The system only allows exchanges that have applied for a license, known as a «Bitlicense,» from New York State's Department of Financial Services to trade cryptocurrencies.

South Korea's new management - minded approach is a dramatic turnaround from its energetic regulatory crackdown on cryptocurrency exchanges this past year, alarmed at a heated market that saw local prices of Bitcoin and other virtual currencies in South Korea trade for higher than international levels.

In the past month, the cryptocurrency is up more than $ 8,000 to trade at $ 14,950.06 on the Coinbase exchange shortly before the beginning of futures trading Sunday.

Currently, no federal regulator has direct authority over the cadre of exchanges that trade cryptocurrencies in the spot market.

Even as China shutters Bitcoin exchanges and the U.S. Securities and Exchange Commission signals heavier scrutiny of initial coin offerings, clients of trading giant Goldman Sachs are still trying to get in on the cryptocurrency trade.

Dan Morehead, founder and CEO of Pantera Capital, a hedge fund that specializes in cryptocurrencies, says his firm trades on all the major online exchanges, but will turn to a trading outfit, like Circle's, when the desk posts prices «at a discount to the market.»

In a separate hearing on ICOs in Congress last week, Mike Lempres, chief legal and risk officer for cryptocurrency exchange Coinbase, said the company does not trade ICO tokens because it «can not take the risk of inadvertently trading an asset that is later found to be a security.»

Crypto crackdown China, home to the world's biggest community of Bitcoin miners, is cracking down on cryptocurrency activity, haling trade of virtual currencies on domestic exchanges and banning initial currency offerings.

The Chicago Mercantile Exchange (CME) Group said last week that it wanted to start trading bitcoin futures — a move that appeared to give the cryptocurrency greater legitimacy, but that also prompted some to express fears over the implications of bitcoin derivatives, given the low level of regulation in the market.

This is a big reversal of fortune after a terrible week for the digital currency in which the CEO of J.P. Morgan (jpm) slammed bitcoin as «a fraud» and the Chinese government ordered cryptocurrency exchanges to cease trading.

Many digital currency enthusiasts expected that the launch of futures by the two major exchanges would pave the way for a bitcoin exchange - traded fund, which would likely bring even more institutional funds into cryptocurrencies.

A report of a Commodity Futures Trading Commission subpoena on major cryptocurrency exchange Bitfinex and an Securities and Exchange Commission emergency asset freeze on an initial coin offering added to negative sentiment texchange Bitfinex and an Securities and Exchange Commission emergency asset freeze on an initial coin offering added to negative sentiment tExchange Commission emergency asset freeze on an initial coin offering added to negative sentiment that day.

The U.S. Securities and Exchange Commission is investigating trading activity in shares of Longfin, a tiny stock that surged astronomically in December after the firm announced a cryptocurrency - related acquisition, the company disclosed late Monday.

In its notice, the Canadian agency also warned cryptocurrency exchanges, where the tokens created in an ICO can be exchanged for popular cryptocurrencies like bitcoin or Ethereum, that their business could fall within the ambit of securities trading.

At least 3.5 million people were trading cryptocurrency on Japan's 17 domestic exchanges as of the end of March this year, according to Coindesk's translation of statistics from the country's Financial Services Agency (FSA).

The index fund, which will invest in the same cryptocurrencies traded on Coinbase and its institutional exchange GDAX — currently including Bitcoin, Ethereum, Bitcoin Cash and Litecoin — will be available only to U.S. accredited investors, or those who have annual income of at least $ 200,000 or a net worth of at least $ 1 million.

The development of cryptocurrency trading so far has seen the emergence of a new industry with rapidly growing businesses such as exchanges like Coinbase and bitcoin «mining» companies like Bitmain.

Many see the launch of the derivatives contract as a first step towards establishing cryptocurrencies as a legitimate asset class, paving the way toward an exchange - traded fund.

It's only a matter of time before China lifts its ban on cryptocurrency exchanges, according to the entrepreneur behind what was once China's longest - running bitcoin trading operations.

One of the largest cryptocurrency exchanges in the world by trading volume, it is owned by a British Virgin Islands company and does not have a head office, Reuters reported in September.

The entrepreneur explain that he «got out» of the Chinese bitcoin exchange business, and now instead focuses ambitions on an international trading platform, a mining and minting operation and a cryptocurrency wallet called Mobi.

The entrepreneur explain that he «got out» of the Chinese bitcoin exchange business, and now instead focuses ambitions on an international trading platform, a mining and minting operation and a cryptocurrency wallet

Chinese bitcoin exchange BTCChina said on Thursday that it would stop all trading from Sept. 30, setting off a further slide in the value of the cryptocurrency that left it over 30 percent away from the record highs it hit earlier in the month.

Based on Nikkei's report, the regulator said the cryptocurrency exchange has made it possible for users to start trading immediately after submitting a photocopy of their ID cards, while the platform has yet to fully confirm and verify users» information.

The South Korean Fair Trade Commission is conducting in - person investigations into 13 of the country's leading cryptocurrency exchanges.

The safest way to trade bitcoins is on cryptocurrency exchanges, which are sort of like the New York Stock Exchange or Nasdaq, where stocks are bought and sold, but for digital currency.

A committee head in Russia's State Duma has suggested that the Moscow Stock Exchange may become the site of cryptocurrency trading.

Big Money Movers As signs of life from Bitcoin begin to make waves in the broader cryptocurrency market, the amount of high - volume, off - exchange trades is starting to pick up.

Anatoly Aksakov, the head of the Financial Market Committee in the State Duma, the lower house of Russia's parliament, has reportedly said that the Russian Federation's Central Bank may allow the launch of cryptocurrency trading on the Moscow Stock Exchange.

Two of South Korea's largest banks, Shinhan and KB Kookmin, will be concluding their partnership with the cryptocurrency exchange Coinplug, which currently allows customers who are participating in some of the banks» credit card rewards programs to trade the points that they've earned for bitcoin.

It relates that in light of cryptocurrency price fluctuations, the attack on the South Korean exchange Youbit, and that platform's consequent decision to declare bankruptcy, «It is necessary... to be vigilant about virtual currency trading.»

The rapid growth and extreme volatility of cryptocurrency trading has sparked interest in developing futures and options that can be traded on regulated exchanges.

Personnel with the trading platforms are apparently suspected of having embezzled customer funds, then using them to buy cryptocurrency on other exchanges.

South Korea's government announced that it may still go on to ban the trading of cryptocurrencies on exchanges, following apparently conflicting reports on the matter days earlier.

Shinhan's partnership with the exchange was not the financial group's first project at the nexus of credit cards and cryptocurrency trading.

According to a press release issued jointly by several South Korean government agencies on December 20, the country's Fair Trade Commission (FTC) has sent representatives on a three - day «field survey» of the country's 13 «major» cryptocurrency exchanges.

According to the report in Tass, Deputy Finance Minister Alexei Moiseev has said that his agency would be working with the central bank to compile a list of exchanges that could support cryptocurrency trading, adding that other marketplaces might ultimately be allowed to offer the service as well.

The Monetary Authority of Singapore, which is the country's central bank, has no plans to ban cryptocurrency trading at the moment, though MAS does intend to eventually regulate digital asset exchanges and other entities to ensure AML / CFT compliance.

In China, over the last several months, regulators shut down vast swathes of the cryptocurrency world, banning token offerings (ICOs) and demanding that trading on cryptocurrency exchanges cease.

As traditional exchanges announce bitcoin derivatives, the Commodity Futures Trading Commission shared an update about its oversight of cryptocurrency markets.

He also pledged that Chinese authorities would continue to apply pressure to the trade of digital assets, which was significantly ratcheted up last year with bans on token offerings, colloquially known as ICOs, and on cryptocurrency exchanges, which had to either cease or dramatically reconfigure their operations, or move abroad.

The finance ministry had published an earlier draft of the latter bill on its website in January 2018, and noted that the central bank took exception to a provision that would allow decentralized cryptocurrencies to be traded on exchanges for other digital assets as well as for fiat money.

As for other ways to get your first Litecoins, the cryptocurrency exchange Btc-e.com offers Litecoin for trade with a number of other currencies.

Most of the differences between the two versions of the ICO bill appear to be minor, and the submitted version still allows for the trade of cryptocurrencies through exchanges.

The cryptocurrency exchange Kraken sent an email on April 17 to its Japan - based clients informing them that, starting on a yet - to - be-announced date in June, residents of the country will no longer be allowed to trade digital assets on the platform.

Average daily traded volumes across cryptocurrency exchanges fell to $ 9.1 billion in March and to $ 7.4 billion in the first half of April, compared with almost $ 17 billion in December, according to data compiled by crypto analysis website CryptoCompare.