Sentences with phrase «to regulate cryptocurrency exchanges»

Circle, a mobile payment app company backed by Goldman Sachs, has announced it is buying U.S. - regulated cryptocurrency exchange Poloniex Inc. — a move that will transform Boston - based Circle into one of the biggest players in the...
The brothers are also owners of U.S. regulated cryptocurrency exchange Gemini, incorporated as Gemini Trust Company, LLC.
Consequently, ItBit can be considered as a winner in a long - lasting race between bitcoin companies to become the first regulated cryptocurrency exchange in the United States.
The Financial Services Agency is mandated with regulating the cryptocurrency exchanges within their reach.
Gemini is a fully regulated cryptocurrency exchange founded by the Winklevoss twins, two of the most prominent bitcoin investors.
Gemini is a fully regulated cryptocurrency exchange founded by the Winklevoss twins, two of the most prominent bitcoin investors.
A quick note today from the U.S. regulated cryptocurrency exchange Gemini which announced that trading on all of its order matching engines — BTC / USD, ETH / USD, and ETH / BTC, is now available in Canada and the United Kingdom.
In 2017, Japan became the first country in the world to nationally regulate cryptocurrency exchanges, resulting in a total of 16 legally registered exchanges and 16 more legally allowed to operate while their applications are considered.
Last year, Japan became one of the first countries to regulate cryptocurrency exchanges when it set up a licensing system.
A few banks in the country, including Banco CTT, Caixa Geral de Depósitos, and Novo Banco revealed potential clients can use their services to transfer to and from regulated cryptocurrency exchanges.
Russia could evolve into the next major Bitcoin market, as the government continues to encourage Bitcoin mining and moves closer towards regulating its cryptocurrency exchange market.
Disallow foreigners and underaged investors from trading cryptocurrencies Properly regulate cryptocurrency exchanges as legitimate financial service providers.
Gatecoin, the Hong - Kong regulated cryptocurrency exchange which back in May 2016 experienced a hack and theft of ETH and BTC (roughly $ 2m worth) has today provided their latest update on its repayment schedule of the ETH portion of the debt (the BTC debt has since been fully recovered).
Finally, following the acquisition, Poloniex will now become the first ever regulated cryptocurrency exchange in the US.
Furthermore, the official went on to reveal ongoing efforts toward regulating cryptocurrency exchanges that will see cryptocurrencies like bitcoin under a singular legislation of retail payment services alongside public cautions of risks in cryptocurrency investments.
«[The authority] is currently considering various options [to regulate cryptocurrency exchanges] such as directing local banks to not provide virtual accounts to exchanges without proper safety measures in place or imposing voluntary regulation by launching an association for the exchanges.»
Hong Kong's securities regulator appears to be stepping up efforts to regulate cryptocurrency exchanges involved with initial coin offerings (ICOs).
Luxembourg - based and EU regulated cryptocurrency exchange Bitstamp today announced the launch of a new unified pricing structure.
Despite these setbacks, Japan was the first country to not only regulate cryptocurrency exchanges but also issue operating licenses, albeit with stringent rules in place for new and existing cryptocurrency exchanges to continue running their operations.
The move by Yahoo! brings a further big name to Japan's fledgling regulated cryptocurrency exchange arena.
Instead, South Korea will be focusing on regulating cryptocurrency exchanges.
Prevent strictly regulated cryptocurrency exchanges from operating as speculative platforms for unaccredited investors.
Circle, a mobile payment app company backed by Goldman Sachs, has announced it is buying U.S. - regulated cryptocurrency exchange Poloniex Inc. — a move that will transform...
Cracking the Whip In 2017, Japan became the first country in the world to nationally regulate cryptocurrency exchanges, resulting in a total of 16 legally registered exchanges and 16 more legally allowed to operate while their applications are considered.
In 2017, Japan became one of the first countries to regulate cryptocurrency exchanges when it set up a licensing system.
In Japan, some of the largest electronics manufacturers, budget hotel chains, airlines, and retailers have already started to accept bitcoin as a payment method since early 2017, almost immediately after the Japanese government legalized bitcoin and regulated its cryptocurrency exchange market.
Contrary to an outright ban, the body plans to regulate cryptocurrency exchanges as legitimate financial service providers, and ban foreigners and underaged investors from trading on South Korean exchanges.
United States - based and regulated cryptocurrency exchange Gemini today introduced a new first for digital asset exchanges: zero - confirmation pre-credited bitcoin deposits.
U.S. Treasury Department Deputy Sigal Mandelker explained how the department would regulate cryptocurrency exchanges in testimony before the Senate.
This has made the country more proactive in trying to regulate cryptocurrency exchanges.
According to various reports, Hong Kong's securities regulator is stepping in to regulate cryptocurrency exchanges that are involved in Initial Coin Offerings.
With Governments desiring to introduce some form of cryptocurrency regulation, South Korea is mulling over a technology - specific scheme as part of its endeavor to regulate cryptocurrency exchange.
Liqui is not a regulated cryptocurrency exchange, but this
Poland's Financial Ombudsman has called on the country's Ministry of Finance to regulate the cryptocurrency exchanges.
«A regulated cryptocurrency exchange platform under the oversight of People's Bank of China and Securities Regulatory Commission would serve as a formal way for companies raising funds through ICO and trading cryptocurrencies.»
The US Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) regulates cryptocurrency exchanges under existing legislation for money transmitters.
Given the rapidly increasing number of fraudulent cryptocurrency exchanges, platforms and activities, the South Korean government urgently moved to regulating cryptocurrency exchanges and cracking down on fraudulent operations.
Hirji is a notable hire for Coinbase, given the growing profile of its regulated cryptocurrency exchange and a boom in the price of bitcoin and other cryptocurrencies.
Japan is not alone in its scramble to regulate cryptocurrency exchanges.
Bitfinex, Kraken, and GDAX are regulated cryptocurrency exchanges that allow cryptocurrency - to - fiat trading.
Mexico's bill to regulate cryptocurrency exchanges has been approved by the country's lower house of Congress and is now awaiting the signature of President Enrique Pena Nieto to become law.
Last year, Japan was a country that developed the world's first system to regulate cryptocurrency exchanges with a view to provide protection for customers and eliminate illegal ways of using cryptocurrencies.
Mexico's bill to regulate cryptocurrency exchanges has been approved by the country's lower house of Congress and is now awaiting the signature of President Enrique Pena...
With the majority of Asian nations attempting to regulate cryptocurrency exchanges, the number of those declining to clamp down is dwindling.
Government agencies have only just begun to regulate cryptocurrency exchanges.
Earlier, in 2014, the Chinese government tried to regulate cryptocurrency exchanges by forbidding them to perform direct transfers to banks and demanded five major trading platforms to sign a statement warning their customers of the risks associated with speculation with bitcoins.
This has made the country more proactive in trying to regulate cryptocurrency exchanges.
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