Sentences with phrase «on cryptocurrency trading exchanges»

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 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.

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.

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.»

Then it called on local exchanges to stop trading in cryptocurrencies and outlined proposals to discourage bitcoin mining — the energy - intensive computing process that makes transactions with the digital currency possible.

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.

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.

A strategist at Deutsche Bank says retail investors have shifted to trading cryptocurrency after not profiting on foreign exchange trades.

[Coinbase's] impenetrability has earned it a reputation as the safest place to buy Bitcoin, helping it attract more than 9 million customers who store at least $ 3 billion in cryptocurrency there, and who have traded $ 25 billion to date on its retail brokerage as well as its institutional exchange, GDAX.

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).

Now, the most popular U.S. cryptocurrency exchange will let you buy Bitcoin and other top cryptocurrencies listed on Coinbase through a new fund, rather than trading them directly on the exchange.

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.

Bitcoin.co.id, an Indonesian online cryptocurrency exchange, said on its website that bitcoin was trading at 217.44 million rupiah ($ 16,288) per unit.

Bitcoin was 10.47 percent lower at $ 13,332.24 on the Luxembourg - based Bitstamp exchange after South Korea's government said it plans to ban cryptocurrency trading.

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.

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 Commodity Futures Trading Commission (CFTC) sent a subpoena on Dec. 6 to both Bitfinex, a cryptocurrency exchange, and Tether, a company that issues a virtual currency, the person said, wishing to remain anonymous because the matter is private.

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

Once the sale is over, the company's coin can be traded on cryptocurrency exchanges and could theoretically increase in value if there is enough demand around a certain project.

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 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.

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.

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.

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.

Given the large volume that is traded on such exchanges, it's possible that new cryptocurrency regulation could reduce prices in the near - term.

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.

One source — it's unclear whether he is the same source who provided the above quote — said that other measures, such as value - added and capital gains taxes on cryptocurrency trades and corporate taxes on exchanges, are also being discussed in government circles.

XRP, which is a virtual currency that is traded against the U.S. dollar on cryptocurrency exchanges online, has soared in value to $ 0.20 since the companies entered the options agreement, according to CoinMarketCap.com.

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.

A Japanese regulatory working group focussing on cryptocurrencies has suggested exchanges should not be «allowed» to trade certain altcoins including Dash and Monero.

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.

Launched by DAYLI Financial Group, Icon is listed in Bithumb and Upbit, South Korea's major cryptocurrency exchanges, and started trading on March 21.

Many options for trading cryptocurrencies on the exchanges serve as a benefit for the users.

On September 14, 2017, reports surfaced that BTCChina (BTCC), a Shanghai - based cryptocurrency exchange, had announced that, effective September 30, it would suspend trading in China.

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.

Because on October 31, 2017, China's cryptocurrency exchanges will stop trading, as required by Chinese regulatory authorities.

The panel meeting came after regulators in Israel offered up proposals that would keep companies from trading on the main stock exchange if their focus was with cryptocurrencies.

All cryptocurrencies that were previously supported on the exchange were available for trade with the notable exception of Nano XRB.

Yet, without decentralized exchanges to trade cryptocurrencies on, mass adoption will be hampered.

In November, the Internal Revenue Service (IRS) won a court case against popular cryptocurrency exchange Coinbase that required the exchange to hand over information on 14,355 users who'd traded in excess of $ 20,000 worth of bitcoin between 2013 and 2015.

While both ether and bitcoin are cryptocurrencies and can be traded, exchanged, and transacted between users, ether is largely used to pay for services and transaction fees on the network — enabling the development and distribution of applications — while bitcoin is used more closely to an actual currency and alternative therein.

CryptoCurrency exchange Coinbase has stated that they are investigating possible insider trading on the release of Bitcoin cash on their trading platforms.

Kraken, a popular San Francisco - based cryptocurrency exchange, announced on Wednesday on the / r / BitcoinMarkets subreddit that its new margin trading option entered Beta launch.