Sentences with phrase «overseas cryptocurrency operations»

The news comes as the FSA is beefing up its efforts to inspect domestic exchanges, as well as overseas cryptocurrency operations that solicit Japanese investors without a formal registration.

Not exact matches

Much like multinational corporations (MNC) with large overseas operations, miners of cryptocurrency networks as a whole do not measure the income they receive in terms of bitcoins (or other discrete cryptocurrencies), but instead they measure their income in terms of «fiat» from foreign financial markets, specifically converting bitcoins into the local fiat currency where their mining operation physically resides.

As China's crackdown on cryptocurrencies broadens to bitcoin miners, some of the industry's biggest players are shifting operations overseas.

One of the ways would be to move their operations overseas to countries like Denmark and Russia which are more cryptocurrency friendly.

Some exchanges have since mulled moving operations overseas, or restricting activities purely to non-fiat cryptocurrency trading.