In June 2016, however, the regulator suddenly
suggested giving cryptocurrencies the same status as foreign fiat currencies.
Not exact matches
Rocky
suggests that regulators may be lenient towards
cryptocurrencies to
give banks chance «to benefit from the free innovations offered by the open - source community» but when blockchain tech is integrated into the banking system, the use of open blockchains may be restricted.
The country's concern with money laundering is particularly noteworthy —
given that reports have
suggested that
cryptocurrency - utilized money laundering makes up only 0.17 % of all money laundering cases in the country.
Over the weekend, various high - level security researchers and academic cryptographers
gave cryptocurrency project IOTA a failing grade — exposing a critical weakness and
suggesting investors sell their coins while asking researchers to ignore or abandon the project.
What this
suggests is that the developers will have access to 6 mln B2X coins when trading begins,
giving them a massive amount of power over the valuation and supply of the newly - forked
cryptocurrency.
Also,
given the size of most major
cryptocurrency exchanges, it is irresponsible to
suggest the possibility of hacking attacks or security breaches without hard evidence.
The unannounced move to remove data from Bithumb, Coinone and Korbit from its average calculations sparked confusion
given that its front - page
suggests a broad decline in the
cryptocurrency market, including what appeared to be a near - 30 % fall in the price of XRP.