Headlines about a «pending ban»
on cryptocurrency trading in South Korea triggered a mass exodus from the asset class on Thursday, with roughly $ 80 billion flowing...
Headlines about a «pending ban»
on cryptocurrency trading in South Korea triggered a mass exodus from the asset class on Thursday, with roughly $ 80 billion flowing out of the market.
The current regulatory climate for cryptocurrencies and adopters in Korea is a markedly different from widely - reported whispers — since December — of a possible ban
on cryptocurrency trading in the country.
Japan's share of the market can be attributed perhaps mainly due to recent crackdowns
on cryptocurrency trading in South Korea and China, leaving Japan the lion's share of, if not just Asian Bitcoin business, then the world's.
In other words, the Supreme Court determined that currently there is no direct legal prohibition
on cryptocurrency trading in Israel.
South Korea's government announced tougher measures to crack down
on cryptocurrency trading in the country and said it is considering shutting down the nation's bitcoin exchanges,...
The alleged insider trading is said to have occurred prior to Korean regulators announcing new rules
on cryptocurrency trading in the country — a move that has been, at least in part, linked to the recent slump in prices across the crypto markets.
Liquidity has also become an issue for Chinese miners, as the Chinese government imposed a nationwide ban
on cryptocurrency trading in October.
With the recent crackdown on cryptocurrency exchanges in China, it remains to be seen whether the government will introduce more regulations
on cryptocurrency trading in the country.
The alleged insider trading is said to have occurred prior to Korean regulators announcing new rules
on cryptocurrency trading in the country - a move that has been, at least in part, linked to the recent slump in prices across the crypto markets.
On Thursday, January 11, 2018, reports from South Korea indicated that some of the nation's authorities are planning a ban
on cryptocurrency trading in the country.
The drop in the price of Bitcoin in South Korea has been led by weeks of speculation and misinformation about the South Korean government's stance
on cryptocurrency trade in the country.
Not exact matches
In 2015, the Commodity Futures
Trading Commission (CFTC), which was beginning to crack down on unregistered firms that were trading cryptocurrency derivatives, determined that cryptos were commodities and thus within its regulatory jurisd
Trading Commission (CFTC), which was beginning to crack down
on unregistered firms that were
trading cryptocurrency derivatives, determined that cryptos were commodities and thus within its regulatory jurisd
trading cryptocurrency derivatives, determined that cryptos were commodities and thus within its regulatory jurisdiction.
DUBAI, April 28 - Iran has developed an experimental local
cryptocurrency, a government minister said
on Saturday, days after the country's central bank banned
trading in digital currencies including bitcoin.
Johnson, who is «very bullish»
on the future of
cryptocurrency, has spearheaded research efforts
in crypto at both Jump
Trading and Jump Capital to help understand the nascent market.
On its website, Verge is described as a
cryptocurrency which «improves upon the Bitcoin blockchain» and uses open - source software like Tor and I2P — both of which have been used
in connection to the former
trading site for illicit goods, the Silk Road.
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.&raqu
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.&raqu
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.
LONDON — Revenue at
trading platform Plus500 jumped 284 %
in the first quarter of the year, led by a surge
in cryptocurrency trading, the company said
on Tuesday.
April 6 - Billionaire investor George Soros's hedge fund is planning to
trade in cryptocurrencies, according to a Bloomberg report
on Friday.
A head of the European Union's watchdog said a short - term strategy could be to focus
on applying anti-money laundering and terrorist financing rules, warning consumers of the risk of
trading in cryptocurrencies and preventing banks from holding them.
On Monday, South Korea introduced legislation on new rules to rein in speculative cryptocurrency investing, restricting trading to real - name bank account
On Monday, South Korea introduced legislation
on new rules to rein in speculative cryptocurrency investing, restricting trading to real - name bank account
on new rules to rein
in speculative
cryptocurrency investing, restricting
trading to real - name bank accounts.
South Korea said
on Wednesday it will take firm action against illegal and unfair acts
in cryptocurrency trading after a petition with 280,000 signatures was sent to the presidential Blue House.
[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.
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.
China cracked down
on cryptocurrencies in September 2017, with authorities banning bitcoin
trading and initial coin offerings after the People's Bank of China said such activities could pose major financial risks to the world's second - largest economy.
China cracked down
on cryptocurrencies in September 2017, with authorities banning bitcoin
trading and initial coin offerings
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.
This past week, at the Eurofi High Level Seminar
in Sofia, Bulgaria, Commodity Futures
Trading Commission (CFTC) commissioner Brian Quintenz shared his views
on the «tokenization revolution» and the evolving US regulatory framework for
cryptocurrencies.
On February 22, France's top financial regulator, the Autorité des marchés financiers (AMF), published a press release indicating that online platforms which allow users to
trade in cryptocurrency derivatives may no longer advertise those financial products and must be approved «to offer investment services.»
Bitcoin started to dominate financial news headlines across the world again
on Wednesday morning, as the
cryptocurrency took off to a new record
on strong momentum
in early Asian
trading.
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 banks decided to drop the services
in anticipation of forthcoming government action
on cryptocurrency trading, according to the Korea Times.
The rapid growth and extreme volatility of
cryptocurrency trading has sparked interest
in developing futures and options that can be
traded on regulated exchanges.
Research by Morgan Stanley bank published
in a Business Insider report
on Sunday, April 29, 2018, concludes that Malta now accounts for the largest proportion of
cryptocurrency trading in the world by volume, followed by Belize.
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.
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.
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.