Forex does not officially support trading in bitcoin or other cryptocurrencies, but some Forex brokers will
trade in cryptocurrencies under certain circumstances.
Not exact matches
The prices of the main
cryptocurrencies fell
in a choppy and correlated fashion overnight, and all of the major coins are significantly lower,
trading near or
under the post-crash lows.
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 Development: Hong Kong's Securities and Futures Commission recently introduced additional regulatory measures, and seven
cryptocurrency exchanges are
under investigation for potential unlicensed
trading in «securities.»
A month later, the company reported that it had hired two Canadian banks to find blockchain - connected deals, which was followed by a notice of an agreement to acquire Backbone Hosting Solutions, which operates a
cryptocurrency mining server farm
in Canada
under the
trade name Bitfarms.
The U.S
in 2014 introduced
cryptocurrency trading rules that mean digital currencies will fall
under the umbrella of property.
Specifically, concerns are raised that the «white papers» often used to provide some disclosure regarding ICOs should comply with Canadian securities law requirements, that those engaged
in soliciting and facilitating these
trades need to be properly registered as gatekeepers and that the online exchanges that facilitate secondary
trading in cryptocurrencies need to be formally recognized as a «marketplace»
under Canadian securities laws.
In other words, the country's Financial Services Commission (FSC), Financial Supervisory Service (FSS) and the Korea Financial Intelligence Unit (KoFIU) want to make sure that
cryptocurrency investment and
trading comes
under the umbrella of traditional financial structures, rather than remaining on a decentralized, anonymized platform which prompted the growth of Bitcoin.
Ethereum price stays
in the downward sloping contracting channel and continues to
trade under water as it follows the broader downward trend of all the other major
cryptocurrencies.
Ver: Advance
Trading Would Have Been Better Speaking
in a new interview with CNBC, which this week also came
under scrutiny for its sudden BCash support, Ver implied it was up to users to «be careful» when using
cryptocurrency exchanges.
South Korean regulators are planning to bring Bitcoin
under the taxation radar following the skyrocketing
trading volume of the
cryptocurrency in the aftermath of Kosdaq.
While the fatwa is not legally binding, it does count as a high - level legal opinion, and perhaps marks him as one of the first highest - ranking religious leaders
in the Muslim world to forbid
cryptocurrency trading under religious law.
Indian
Cryptocurrency Sector Is Making Strides
Under Clouds Of Speculation Bitxoxo, the fastest growing Indian Bitcoin exchange has already crossed the 1,00,000 users milestone
in its
trading platform.
But Interactive Brokers,
in a comment letter dated Nov. 14, suggested a way to mitigate the risk it sees from such activity: The Commodity Futures
Trading Commission (CFTC),
under the auspices of J. Christopher Giancarlo, should sequester systems that handle
cryptocurrency derivatives.
While the incorporation records show GABI clearly beating CCF
in creating a vehicle dedicated to bitcoin
trading, Enneking can point to the fact that his fund had been
trading in the
cryptocurrency for 10 months prior, albeit
under a different name and not exclusively dealing
in digital currencies.
As per the new legislation framed,
trading in cryptocurrencies with come
under the ambit of law and the central bank will be monitoring all the
cryptocurrency exchanges similar to the way it monitors the existing fiat currency exchanges.
Investors have benefited from algorithmic («algo»)
trading programs
under many different circumstances, but these «
trading bots» can prove particularly valuable to those interested
in cryptocurrencies.
In January 2018, the Grand Mufti of Egypt declared that
cryptocurrency trading was forbidden
under Islamic religious law due to the risk associated with the activity.
Both Huobi and Okcoin launched these P2P
trading platforms through their international affiliate companies and relocated their operations outside China for keeping their operations active
under the
cryptocurrency stringency
in the home soil.
As of December 19th, Bitcoin was
trading under $ 18,000, with the rest of the
cryptocurrencies in the space leading to a large market capitalization of over $ 600 billion.
According to Maeil Business, the Ministry of Personnel Management issued a document entitled «Virtual currency holdings and transaction - related information for civil servants» stating that officials who are found to be involved
in cryptocurrency trading are «
in violation of the prohibition of forbearance obligations
under the civil servants» law» and are subject to disciplinary actions, especially if the banned activities occur during work hours.
Issuers or financial intermediaries of the ICO would also be subject to licensing requirements of the Singaporean legislation, and will also have to comply with the requirements for countering money laundering and financing of terrorism.It is worth mentioning also that the Singapore regulator also speaks about licensing of
cryptocurrency exchanges, where tokens of projects will be
traded after ICO: «
In addition, platforms facilitating secondary
trading of such tokens would also have to be approved or recognised by MAS as an approved exchange or recognised market operator respectively
under the Securities and Futures Act.»
Things could go south given that
cryptocurrencies have come
under pressure
in recent
trading sessions.
Concerns that a bubble burst could be
in the offing
in the
cryptocurrency sector is one of the reasons why most
cryptocurrencies have come
under pressure
in recent
trading session.
The SFC said it has sent letters to seven
cryptocurrency exchanges
in Hong Kong OR with connections to Hong Kong telling them not to
trade in digital currencies which are securities as defined
under existing securities law.
Crix.io is a
cryptocurrency trading platform
under the Crix Software umbrella and was founded by Dmitry Koval
in 2014.
Officials have reportedly suggested that banks should suspend service to clients found to have engaged
in cryptocurrency trading under the pretense of preventing pyramid schemes, money laundering, and other fraudulent activities the government has attributed to cryptoassets.
Under the regulatory framework, all payment services will be overseen
in a single legislation wherein t he authority will have oversight into
cryptocurrency exchanges and bitcoin
trading platforms.
Speaking to reporters at a financial crime conference
in Kuala Lumpur, the governor of Bank Negara Malaysia (BNM) said it will decide «before the end of the year» whether to ban the
trading of
cryptocurrencies under its mandate as a domestic financial regulator.
Trading under the symbol XBT, contracts actually began last night (Sunday, December 10th) and represents a milestone event
in the legitimization of the worlds most popular
cryptocurrency.
From blanket bans to restrictions on anonymous
trading, legislators are putting the
cryptocurrency market
under stricter scrutiny than
in times past.
Under the draft, virtual currencies and initial coin offerings (ICO), as well as mining will already be allowed
in the country, while exchanges can
trade rubles for
cryptocurrencies.
Shortly after last month's ban on
cryptocurrency trading, PBoC - affiliated researcher Huang Zhen wrote that he expects the bank to issue a «sovereign digital currency
under the auspices of the central bank» as soon as it is able, and the bank itself has issued similar statements
in the past.