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.
Not exact matches
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.
A Japanese financial watchdog has apparently pushed
cryptocurrency trading platforms operating
in the country to
stop allowing customers to
trade in several privacy coins.
On the other side of the planet, India too is facing a similar situation where the Reserve Bank of India has instructed all banks to
stop dealing with those who
trade in cryptocurrencies.
This price is known as the
stop price, and is usually initiated by investors leaving for holidays, entering a situation where they are unable to monitor their portfolio for an extended period of time, or
trading in volatile assets, such as
cryptocurrencies, which could take an adverse turn overnight.
In a Reddit post, Ethereum's founder, Vitalik Buterin, asked the online currency exchanges to suspend
trading of ether and DAO tokens as well as deposits and withdrawals of the
cryptocurrency until Ethereum's core developers could
stop the bleeding.
Then this weekend the PBOC reportedly ordered payment providers
in Beijing
stop facilitating
cryptocurrency trading altogether.
The global
cryptocurrency exchange BTCC, formerly based
in China,
stopped trading in China on Saturday and now recommends Chinese users withdraw their funds from the exchange.
The Business Administration Department of the People's Bank of China (PBoC) has reportedly issued a document today requiring payment providers
in Beijing to
stop facilitating
cryptocurrency trading activities.
Also
in September, China's
cryptocurrency exchanges received instructions from the country's regulators, asking them to
stop trading due to the fact that they are operating domestically without a formal license.
In addition to restricting certain customers from trading cryptocurrencies, the exchanges have stopped issuing new virtual accounts in accordance with the regulators» real - name requirement
In addition to restricting certain customers from
trading cryptocurrencies, the exchanges have
stopped issuing new virtual accounts
in accordance with the regulators» real - name requirement
in accordance with the regulators» real - name requirements.
Chinese traders switched to Japanese and other Asian exchanges after the Chinese authorities announced a ban on
cryptocurrency trading on par with Remnibi and forced China - based exchanges to
stop receiving deposits
in Yuan and to announce
trading closures 30 September.
All eyes will now be on South Korea as it mulls its position on the matter: more than 212,000 citizens have signed a petition to
stop the government from clamping down on
cryptocurrency trading, and any petition with more than 200,000 signatures prompts a response from officials within 30 days
in the country.
KoinOK exchange is a one -
stop solution for quick, easy and secure
trading in cryptocurrencies in India.
In September, the government announced a ban on cryptocurrency trading and required all exchanges in the country to stop their operation
In September, the government announced a ban on
cryptocurrency trading and required all exchanges
in the country to stop their operation
in the country to
stop their operations.
Chinese regulators were rumored to have begun taking steps to shut down bitcoin exchanges
in China and maybe even
stop trading of
cryptocurrency all together.
As one Redditor puts it, China is suffering from massive whale (people who have a lot of
cryptocurrency) manipulation via fake news, exchanges have no official accounts or audits so all fiat payments of citizens end up directly
in the pockets of the site owners, with mere numbers simulating
cryptocurrency ownership remaining on screen, exchanges change their fees at will, they add or remove
trading pairs as they see fit to manipulate the market or
stop withdrawals, etc..
As reported by CCTV news, 17
trading platforms will
stop cryptocurrency trading in Shanghai.
Regional exchanges such as South Korea's Bithumb, the world's second largest
cryptocurrency exchange
in terms of daily
trading volume, have also
stopped accepting new users.
Following the enactment of Senate Bill 5031 or the Uniform Money Services Act, major
cryptocurrency trading platforms Bittrex and Poloniex will soon
stop their operations
in the state of Washington.
At the bottom of bitcoin's plunge, one of the largest bitcoin
trading platforms Coinbase halted all
trading —
in order to
stop the
cryptocurrency's decline.
The news from China that one of the most popular exchanges
in the country will
stop trading Bitcoin by October has the world's most popular
cryptocurrency losing some of its recently gained ground.