Sentences with phrase «on anonymous trading in»

Not exact matches

Unregulated digital entities, created by just about anyone out of nothing, that assume some value denominated in fiat currency simple because they're being traded between anonymous people or bots whose only desire is to make prices go up, on unregulated opaque exchanges where everyone thinks price manipulation is good as long as it pushes up the price....

Included in these new rules was a prohibition on anonymous trading, which meant that all traders had to undergo KYC verification before they could resume trading.

Bloomberg (among others) reports that exchange operators decided to close down after in - person meetings with PBOC officials, and the Wall Street Journal reports — based on anonymous sources — that the PBOC has prepared a set of «draft instructions» that would ban cryptocurrency trading altogether.

Anonymous, I have no stake in any of these firms (or in any firm in this domain) but I like all three of these firms for what they are doing: Wealthfront for its sensible focus on index funds, Betterment for its advancement of diversification across asset classes and Robinhood for reducing trading costs.

New regulations have already banned anonymous trading on domestic exchanges and barred foreigners from participating in the market.

In contrast, given the anonymous nature of bitcoin transactions, and the lack of other market features such as a central clearinghouse, we are wholly reliant on each individual exchange for trading volume figures.

The move is the latest is Seoul's ongoing bid to solidify the exchange market, having confirmed this week that anonymous trading would end January 30 and exchanges must pay tax on 2017 profits in full by April 30.

As reported in late December, Korean authorities first set upon enforcing a ban on anonymous trading of cryptocurrencies like bitcoin as a means to crack down on financial fraud, tax evasion and money laundering.

On Dec. 28, the South Korean government announced its plans to ban the use of anonymous virtual accounts for cryptocurrency trading in an effort to «curb virtual currency speculation», local news agency Yonhap reported.

Yeon's positive comments about Blockchain and cryptocurrencies come after a period of harsher restrictions on crypto investing and exchanges in South Korea, with the country's ban on anonymous trading of cryptocurrencies and a false scare of an overall crypto ban making the markets dip.

Since last week, a wave of controversy has arisen in South Korea over the government's attempts to more strictly regulate crypto markets, like the banning of the use of anonymous virtual accounts connected to crypto exchanges, forbidding underage citizens and foreigners to invest in crypto markets, and falsey announcing a total blanket ban on cryptocurrency trading.

As reported earlier in January, South Korea moved to enforce its ban on anonymous bank accounts used in cryptocurrency trading on January 30.

Various options remain on the table after Korea enacted an anonymous trading ban Jan. 30, including a licensing scheme for exchanges similar to those in New York and Japan.

Having banned ICOs back in September 2017, the government is now cracking down on anonymous Bitcoin trading in the country.

The government's ban on using anonymous accounts, effectively a mandate that exchange providers perform know - your - customer (KYC) due diligence, is seen as the latest move to curb the trading activity around cryptocurrencies in the country.

Bloomberg (among others) reports that exchange operators decided to close down after in - person meetings with PBOC officials, and the Wall Street Journal reports — based on anonymous sources — that the PBOC has prepared a set of «draft instructions» that would ban cryptocurrency trading altogether.

By banning anonymous trading, regulators hope to put a cap on speculation in a market that has ballooned significantly in just over a year.

From blanket bans to restrictions on anonymous trading, legislators are putting the cryptocurrency market under stricter scrutiny than in times past.