Sentences with phrase «regulating cryptocurrency»

Israel has notably veered away from heavily regulating the cryptocurrency market and, with this move, maintained its willingness to adapt new technological advances.

As reported, South Korea's different governing bodies are voicing contradictory comments on regulating cryptocurrency trading in South Korea — with a ban on exchange - based trading even being proposed in some quarters.

Apart from South Korea, most of the countries are regulating cryptocurrency now is due to people partaking in illegal practices using cryptocurrency.

South Korea took the first step in regulating cryptocurrency and it threatened to ban crypto trading altogether within the country.

The AIFC's working group is aimed at development of legislation regulating cryptocurrency transactions; establishing the ecosystem for the use of distributed ledger technology, crypto assets and blockchain based projects; formation of a favorable environment for innovative development of Kazakhstan and elaborating the dialogue among business, citizens, and government and improving the investment climate in Kazakhstan for development and support of innovative technologies.

As CoinStaker covered several times, Russia has been focused in regulating the cryptocurrency world.

His job involved developing rules for regulating cryptocurrency in a largely unregulated, fast - growing market the South Korean government seeks to manage.

Previously, the South Korean government was hesitant towards regulating cryptocurrency businesses because it feared the South Korean people would consider it as an endorsement of the market.

Russia has also embarked on regulating the cryptocurrency space.

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.

Mexico is just one signature away from regulating cryptocurrency after...

Mexico is just one signature away from regulating cryptocurrency after a law setting out its position passed the lower house Thursday, Reuters reports Mar. 2.

The CFTC is regulating cryptocurrency as if it's a commodity; the IRS calls cryptocurrency property for tax purposes; and the SEC sees some cryptocurrencies as securities.

«Blockchain technology is an important technological breakthrough to fuel the fourth industrial revolution and as such, the ministry will take a cautious approach in regulating the cryptocurrency market.

Knowing how volatile the cryptocurrency has become after skyrocketing in value from $ 1,000 to $ 20,000 in a matter of just a few months, it's safe to say that governments will be regulating the cryptocurrency.

Regulating cryptocurrency ICOs was only a matter of time in the United States.

There are also the given rules by governments of regulating cryptocurrency, and with China already becoming strict many centralized exchanges are being shut down.

Speaking to Ventureburn, Vinny said that Africa's leading economy is trailing other countries in regulating cryptocurrency.

Back in October of last year, Taiwan central bank governor Perng Fai - nan supported regulating cryptocurrency, stating that Bitcoin trading should be added into Taiwan's notification system for money laundering prevention law in a potential move similar to Japan that would legitimize cryptocurrency in the country.

Kim Dong - Yeon, the Minister of Finance argued that «Blockchain technology is an important technological breakthrough to fuel the fourth industrial revolution and as such, the ministry will take a cautious approach in regulating the cryptocurrency market.

But, by regulating the conversion to fiat they give the appearance of regulating the cryptocurrency.

The Coincheck heist emphasized the risks with which policymakers are confronted with when regulating cryptocurrency trading.

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 finance ministry is in favor of regulating cryptocurrency,» sources said.

While she anticipates that forthcoming laws regulating cryptocurrency will make it easier to control these cash flows, she also urged prosecutors to take up cases involving these OTC exchanges, arguing that many crimes «are connected with migration policy and money laundering, and it [is] time to sort this out.»

It was the first country to adopt a national system to regulate cryptocurrency trading after its exchanges were subject to some well - known breaches including Mt.Gox.

A day after, Hong Kong's securities watchdog said it, too, will start regulating cryptocurrencies in the city.

Vladimir Putin publicly remarked that Russia would do better to regulate cryptocurrency comprehensively rather than partially.

IMF head Christine Lagarde wants to «fight fire with fire» in order to regulate cryptocurrencies.

This isn't South Korea's first foray into regulating cryptocurrencies.

In the European Union, a new plan is expected to regulate cryptocurrencies under the same anti-money laundering laws as fiat money.

Gatecoin, a regulated cryptocurrency trading platform based in Hong Kong, has launched trading of FirstBlood (1ST), the token that powers the Ethereum - based eSport platform operating under the same name.

The European Union (EU) is ready to regulate cryptocurrencies immediately and could begin drafting new legislation within months, according to the bloc's top financial services chief...

Late week, Bermuda advanced legislation to regulate cryptocurrency and initial coin offerings.

Lawmakers from Germany and France are expected to present the G20 with a new proposal to regulate cryptocurrencies.

The former deputy governor of France's central bank is to lead a task force examining how to regulate cryptocurrency in the country.

Last month, Russia said it would move to regulate cryptocurrency by bringing mining and exchange under the purview of the central government.

During the last couple of months, Bitcoin has been rapidly growing in terms of its popularity, which, in turn, also has had numerous effects on the way that governments perceive and regulate the cryptocurrency.

European Central Bank governing council member Ewald Nowotny said on Thursday that legislators and central bankers are discussing whether they should intervene to regulate cryptocurrencies, as China already has done.

Crypto regulation is gaining track, hitting the Russia market with the introduction of the federal law seeking to regulate cryptocurrencies and initial coin offerings (ICO).

As such, there are still concerns regarding the cryptocurrency market, but hopefully, the new reforms coupled with stricter regulations, laws and mechanisms to effectively regulate cryptocurrencies dealings will hopefully decrease the threat of digital currency misuse in the country.

The Central Bank of Germany believes that it is impossible to regulate cryptocurrency on a national scale.

At the current moment, Stellar can be bought at the price of 0.15 $ per one unit, and although it is obvious that XLM suffered from great loses during the market dip, spreading FUD and having SEC looking for regulating cryptocurrencies, Stellar can still make a promising investment.

In the Netherlands, finance minister Wopke Hoekstra announced that the government would seek to regulate cryptocurrencies to clamp down on their improper use.

France is the first European country to regulate cryptocurrency derivatives in a move that could signal a whole raft of inter-jurisdictional regulation for this sector.

BoE Governor Mark Carney has called for the authorities to regulate cryptocurrencies and hold them to the same standards as the rest of the financial system.

Firouzabadi said in November of last year that although the HCC «welcome [s] Bitcoin,» they also see a need for regulating cryptocurrencies within the country and are working with the Central Bank of Iran on a crypto study that aims to clarify how regulations could work.

As lawmakers around the world tussle over how to define and regulate cryptocurrency, the Swiss have little time to waste building a blockchain ecosystem.

During the last couple of years, China has held an interesting position when it comes down to regulating cryptocurrencies.

• Understand existing approaches by regulators globally, and the likely frameworks for regulating cryptocurrencies, and their interface with conventional finance, in the future.