Sentences with phrase «stance on cryptocurrency trade»

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.

Shortly thereafter, through the Blue House, the South Korean government publicly emphasized its stance on the cryptocurrency trading ban controversy, and concluded that there will be no ban on cryptocurrency investment in the short - term.

While China's draconian stance on both cryptocurrency trading, ownership and investment continues, Blockchain has long been a topic of interest for authorities.

SEOUL, South Korea — Softening its tough stance on cryptocurrency trading for now, South Korea said Tuesday it would adopt a system requiring that transactions that until now were anonymous be traceable.

Choe then had to state at a parliamentary hearing on January 19, 2018, that one FSS employee was being investigated «on suspicion that he or she traded a digital currency» ahead of the government's announcement of toughening its stance on cryptocurrency trading.

Not exact matches

However, despite having a somewhat lenient stance on the crypto - trade going around in the nation, the country has been very strict on anyone who has been evading their taxes or using cryptocurrencies for illegal purposes.

The ISA statement further said, «The Authority's stance follows exceptional trading in the securities of companies on the TASE that have announced in recent months their intention of doing business in the cryptocurrencies sector.

And even private trading of cryptocurrency arranged through chat - apps like Telegram and WeChat, for example, could fall under scrutiny, according to the Wall Street Journal.This much stricter stance on Bitcoin, beyond just exchanges but also concerning Bitcoin itself, seem consistent with comments from PBOC Counselor Sheng Songcheng, as reported by local news sources like Shanghai Securities News.

Cryptocurrency expert, Professor Nii Narku Quaynor has urged the Bank of Ghana, (BOG) to revise its stance on the trade...

SEOUL (Reuters)-- South Korea's cryptocurrency industry is anticipating much better times as the market regulator changes tack from its tough stance on the virtual coin trade, promising instead to...

The biggest Nordic bank has told its employees not to trade Bitcoin and other cryptocurrencies, in a move that may lead the European Banking Federation to review its official stance on the products.

The news may mark a softening of the country's previous stance on the trading of cryptocurrencies.

The Canadian government has been communicative in its regulatory stances on cryptocurrency ever since: the Canadian Securities Administrators (CSA) sent out a regulatory notice on August 24, 2017, confirming «the potential applicability of Canadian securities laws to cryptocurrencies and related trading and marketplace operations and to provide market participants with guidance on analyzing these requirements.»

The plan is also in line with China's positive public stance on blockchain adoption, even though authorities have clamped down cryptocurrency - related investment activities including initial coin offerings and trading over the last year.

Yesterday, on December 14, the South Korean government directly refuted unconfirmed reports on the possibility of a cryptocurrency trading ban, solidifying its stance in regards to the South Korean cryptocurrency market and its intent to regulate the space.

SEOUL (Reuters)-- A better deal for South Korea's cryptocurrency industry might be in the offing as the market regulator changes tack from its tough stance on the virtual coin trade, promising instead to help promote blockchain technology.

SEOUL (Reuters)-- A better deal for South Korea's cryptocurrency industry might be in the offing as the market regulator changes tack from its tough stance on the virtual coin trade, promising instead to help...

Earlier this month, almost immediately after unverified reports about cryptocurrency trading ban in India were released, local cryptocurrency exchanges Zebpay, Coinsecure, and Unocoin, which have over a million users on their platforms, reaffirmed that the government's stance towards the local cryptocurrency exchange market has not changed, and it remains neutral.

The Commodities and Future Trading Commission and the US Securities Exchange Commission held a highly anticipated hearing on Tuesday, focused on their stance towards cryptocurrencies, initial coin offerings and Blockchain technology.

Russia has adopted a conservative stance on cryptocurrencies with President Putin last week suggesting that future legislation on cryptocurrency trading is a certainty, however it has been far more positive about the future of the blockchain, including plans to pilot the technology for local voting systems.

Two cryptocurrency exchanges BUDA and Crypto MKT, which operate in Chile and some other Latin American countries, have recently asked the Chilean Association of Banks (ABIF) to clarify its stance on cryptocurrencies and cryptocurrency trading after the firms» corporate accounts were closed by a number of Chilean banks, local news outlet PULSO reported March 25.

For awhile, Binance has clarified its stance towards cryptocurrency - to - fiat trading, and firmly told its investors and users that plans to integrate cryptocurrency - to - fiat pairs are not on the horizon.

Although the CEO of JPMorgan has taken a skeptical stance against the decentralized cryptocurrency, news has emerged that JPMorgan may plan to offer its clients the option to trade Bitcoin futures on their platform.