Sentences with phrase «trading ban rumors»

While the market recovered shortly after the cryptocurrency trading ban rumors were refuted by the South Korean government and the Blue House, the executive office of President Moon Jae - in, on Jan. 12, the market suffered another major correction this weekend.

Not exact matches

South Korea has also been causing some concern in the markets as a result of rumors related to the potential banning of all crypto trading in the country.

Meanwhile, the rumors on the possible crypto - trading ban were dismissed by the administration of the president of South Korea.

Tighter Cryptocurrency Regulations The South Korean government was the cause of major turmoil in the global cryptocurrency market as rumors spread that they were planning to ban cryptocurrency trading across the country.

However, these rumors are less convincing than the ones that preceded the ICO and trading bans.

Before the market could rebalance, rumors started trickling out of South Korea about a China - like cryptocurrency trading ban.

The South Korean government was the cause of major turmoil in the global cryptocurrency market as rumors spread that they were planning to ban cryptocurrency trading across the country.

Broker - based OTC trades are typically high - volume in nature, so the effect of the rumored ban would be to shut out regular Chinese bitcoin users, by making it impossible for them to buy or sell the virtual currency.

There have been large spread rumors about the government of South Korea imposing a complete ban on crypto trading.

South Korea's finance minister Kim Dong - yeon silenced persistent rumors of a potential government - enforced crypto trading ban in a statement released today, according to Reuters.

The growth might be caused by rumors about possible Chinese bitcoin trading ban lift.

In late January, South Korea's finance minister Kim Dong - yeon silenced persistent rumors of a potential government - enforced crypto trading ban.

The head of South Korea's financial regulator and watchdog has now confirmed the government will support cryptocurrency trading while encouraging banks to facilitate transactions with exchanges, effectively killing any fears of a rumored ban.

After a mass panic sale triggered by similar statements in South Korea, their Minister of Finance Kim Dong - Yeon reiterated that South Korean media published a rumor that the government intends to ban cryptocurrency trading on exchanges.

Shortly after rumors started to circulate and the media began to report about the false cryptocurrency trading ban, Arun Jaitley, the finance minister of India, clarified on national television that the government will not ban cryptocurrency trading.

Earlier this month, unconfirmed rumors and FUD around the possibility of a cryptocurrency trading ban circulated within the Indian market.

The Japanese Financial Services Agency has had some issues with Binance as there is a rumor that the Japanese are planning on putting a ban on Binance, which probably caused the market confusion and panic during a couple of days of the initial recovery when the majority of coins started to trade in the red again.

Meanwhile, the Indian government put all rumors to rest after confirming that it had no plans to ban cryptocurrency trading.

The increase in exchanges looking to South Korea as a center of operations halts rumors of an imminent trading ban by the South Korean government.