Now, a week after the anonymous
trading ban came into effect, about 8 % of virtual bank accounts for cryptocurrency trading at Shinhan Bank, NH Bank and the Industrial Bank of Korea have been converted to real - name accounts.
Not exact matches
But: a) This doesn't mean the regulator will definitely nix the takeover; and b) This does, of course,
come in the context of a U.S. - China
trade spat, and the U.S.'s decision earlier this week to
ban China's ZTE from buying U.S. tech for seven years.
At the very time EU and North American
trade officials were working out how Europe could conform with the WTO decision, Sarkozy's government
came up with a new
ban on a Monsanto corn variety that had previously been approved for cultivation in France.
Reports that Iran developed its own blockchain - based cryptocurrency also garnered some attention, as the news
came just days after the country's central bank
banned bitcoin
trading amid escalating concerns on money - laundering and volatility of such digital coins.
The latest sign that China's regulators are actively scrutinizing cryptocurrency exchanges, the report further explained that the execution plan
came into effect in September last year when People's Bank of China (PBoC) put out its
ban on initial coin offerings (ICO) and ordered closure of fiat - to - crypto
trading.
Top barristers warned the live export
trade's days are numbered; the Australian Greens echoed this sentiment, renewing calls for the
trade to be
banned; Federal Labor MPs re-ignited the debate for mandatory stunning; and all parliamentarians will get the chance to make this happen when Independent MP Andrew Wilkie's legislation to require stunning for all exported animals is voted on in the
coming months.
Former Kenyan president Daniel Arap Moi began incinerating stockpiles of ivory in 1989 at the same time as the
ban on the international
trade in ivory
came into effect.
In spite of a global
ban, the illegal ivory
trade has exploded, with most of the demand
coming from Asian countries, particularly China.
In China, has provided expert advice to Chinese animal groups to advance several legislative proposals for a dog meat
trade ban, and hopes that the time will soon
come when the National People's Congress supports such proposals and advances robust animal welfare legislation.
«The
ban on the import of puppies under 6 months is going to really reduce the
trade in young puppies
coming into this country from abroad,» Press said.
Serious opposition to cap and
trade generally
comes in two forms: an argument that more direct action — in particular, a
ban on coal - fired power plants — would be more effective and an argument that an emissions tax would be better than emissions
trading.
Great news for sharks
came on Friday in California when news hit that Governor Jerry Brown signed AB 376 into law,
banning the sale,
trade and possession of shark fins.
There is a great deal of detail in the announcement which we will be studying over the
coming days but, overall, it is clear that the UK
ban will be tough, comprehensive and focused on the problem, while allowing limited legitimate
trade with strict exemptions.
A law to
ban the use or
trade of cryptocurrencies in India has to
come from either the elected governments (whether central or state) or the judiciary (Supreme Court of India or the State High Courts).
The document, if genuine, may
come as part of plans to implement a wider
ban on China's crypto
trading scene that was reportedly sought by the PBoC's vice governor Pan Gongsheng.
A Chinese magazine
came out with a new article which hinted at a possible
ban on bitcoin
trading.
But then September
came and with it the announcement that the PBoC was
banning initial coin offerings (ICOs) and shutting down domestic fiat - to - crypto order book
trading.
Just as the acceptance of cryptocurrency by Taiwanese government created a big enough cause for celebration among cryptocurrency enthusiast around the world, a shocking news
came in of probable
ban on all cryptocurrency based
trading by the Malaysian government.
The news from Pengjie are
coming after the cryptocurrency market in China was hit with
bans from the government; where the Initial Coin Offerings (ICO) and the
trading exchanges were halted from September 2017.
The closure of the exchange's China - facing
trading operations
comes following a statement from financial regulators on September 4, which
banned developers and entrepreneurs from launching token sales (or ICOs) within the country.
The planned proposal of the South Korean government to
ban cryptocurrency
trading comes at a bad time when global crypto prices are at their lows and the least the markets need right now is news that will create FUD.
As many of our users have
come to find out over the past few days, our Binance
trading integration has been experiencing issues with Coinigy IPs being
banned.
The new policies, which
come into force in June,
ban adverts for binary options and «cryptocurrencies and related content (including but not limited to initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency
trading advice).»
Bitcoin and other major digital currencies
came under renewed selling pressure after South Korea's decision to
ban anonymous cryptocurrency
trading.
Yeon's positive comments about Blockchain and cryptocurrencies
come after a period of harsher restrictions on crypto investing and exchanges in South Korea, with the country's
ban on anonymous
trading of cryptocurrencies and a false scare of an overall crypto
ban making the markets dip.
Despite the government's abrupt
ban on ICOs and cryptocurrency
trading since September 2017, the government is relatively optimistic, aggressive and dedicated to keeping ahead of the curve when it
comes to the development of blockchain technology.
Following a stint that saw it
trading for nearly $ 10,000, bitcoin sunk last Wednesday by over $ 1,000 following Google's announcement that it would
ban cryptocurrency and ICO - related advertisements this
coming June.
The South Korea Ministry of Strategy and Finance, one of the main member agencies of the South Korean government's cryptocurrency regulation task force, has
come out and said that it does not agree with the premature statement of the Ministry of Justice about a potential cryptocurrency
trading ban.
It
comes just a day after the South Korean government implemented a
ban on anonymous
trading accounts.
The South Korean government's official announcement
came after a massive backlash and criticism against the Ministry of Justice, which independently announced its plans of
banning cryptocurrency
trading.
The comment by Kim Dong - yeon on Wednesday
comes as traders at home and around the world have been spooked by conflicting comments from government officials in South Korea, a major hub for cryptocurrency
trade, that Seoul was planning to
ban local digital coin exchanges.
This discount is due to the fact that traders fear that the information about a possible
ban on
trading platforms in China may
come true.
The announcement
came just months after Russia briefly
banned then reinstated cryptocurrency
trading and indicated it would implement specific regulations to govern the market.
The news of Facebook's cryptocurrency and ICO
banning comes just days after both the Securities and Exchange Commission (SEC) and the Commodity Futures
Trading Commission warned the ICO industry that regulators will no longer tolerate the flouting of existing securities law.
Throughout most of 2017, China accounted for a significant share of the global cryptocurrency
trading volume, which
came to an abrupt end in September 2017 when the government announced a blanket
ban on cryptocurrency
trading.
The reported date to
ban anonymous
trading comes within a month of Korean authorities conducting onsite inspections of multiple cryptocurrency exchanges following the mid-December hack of Seoul - based exchange Youbit.
With Chinese
trading volume already waning before the news landed, and sentiment strong over Bitcoin's inbuilt regulation - resistance, it appears that any moves towards an outright
ban in China during the
coming weeks will have a minimal impact on the market anyway.
Moreover, today Bitcoin and other major digital currencies
came under renewed selling pressure after South Korea's decision to
ban anonymous cryptocurrency
trading.