Sentences with phrase «trading ban through»

In a press conference, the South Korean Ministry of Strategy and Finance told local reporters that it had first heard of the Ministry of Justice's cryptocurrency trading ban through media reports.

that it had first heard of the Ministry of Justice's cryptocurrency trading ban through media reports.

Not exact matches

Worried over risks of speculative trading, in September South Korea banned initial coin offerings, or raising money through bitcoin or other virtual currencies.

At a news conference, Justice Minister Park Sang - ki stated, «There are great concerns regarding virtual currencies and the Justice Ministry is basically preparing a bill to ban cryptocurrency trading through exchanges.»

Initial reports explained that at a news conference, South Korean Justice Minister Park Sang - ki stated, «There are great concerns regarding virtual currencies and the Justice Ministry is basically preparing a bill to ban cryptocurrency trading through exchanges.»

Through public awareness campaigning and political lobbying, our united goal is to harness opposition to the dog meat trade in order to secure an Indonesia - wide ban.

The U.S. rival last month said it would begin selling its Xbox One console through a Chinese partner from September in Shanghai's free trade zone, after the government lifted a ban on the sale of foreign consoles there.

Second, Jon Huntsman is elected President in 2012 and pushes through the following policies: The U.S. signs new trade agreements with developing countries where (1) Bans on exporting U.S. natural gas is lifted to developing economies; (2) Developing countries are given «favored» status into U.S. Markets; (3) In exchange for these 2 benefits, Developing Countries agree to develop their economies to «low carbon standards» by purchasing U.S. high energy efficiency technology products.

The U.S. National Strategy on Combatting Wildlife Trafficking and its accompanying Implementation Plan were released, featuring plans to shut down the U.S. commercial ivory trade through a series of administrative actions to ban ivory trade within the United States.

«There are great concerns regarding virtual currencies and justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges,» Reuters has quoted Park Sang - ki as saying at a Justice Ministry press conference.

«The ministry is preparing legislation that basically bans any transactions based on a virtual currency through the trading floor.

Reuters reported comments from Korean Justice Minister Park Sang - ki who said claimed his ministry «is basically preparing a bill to ban cryptocurrency trading through exchanges» following «enough discussion» with a range of government agencies, including the finance ministry.

He mentioned: There are huge issues involving virtual currencies and justice ministry is definitely making ready a bill to ban cryptocurrency trading through exchanges.

«There are great concerns regarding virtual currencies and justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges» Sang - ki at a press conference.

«There are great concerns regarding virtual currencies, and the justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges,» Park Sang - ki said.

Shortly thereafter, through the Blue House, the South Korean government publicly emphasized its stance on the cryptocurrency trading ban controversy, and concluded that there will be no ban on cryptocurrency investment in the short - term.

Earlier today, the Ministry of Strategy and Finance stated that the agency found out about the cryptocurrency trading ban proposal of minister Park through media reports, and was not made aware of it prior to the press conference, even though the two agencies along with the South Korean central bank are leading a cryptocurrency regulation task force.

«There are great concerns regarding virtual currencies and the justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges,» Minister of Justice, Park Sang - ki, was quoted, according to Reuters.

The vice chairman of the Financial Services Commission, Kim Yong - beom announced several measures that would «ban anonymous trading on domestic exchanges, while foreigners and minors would be completely banned from trading through cryptocurrency accounts.

Last week, CCN also reported that Huobi, formerly the largest cryptocurrency exchange in China prior to the imposition of a nationwide ban on cryptocurrency trading by the government, announced its expansion to Japan and South Korea through a partnership with SBI Holdings, one of the largest banks in Japan.

This was prompted by Justice Minister Park Sang - ki's remark, «There are great concerns regarding virtual currencies and justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges.»

A particularly testing last 24 hours ended in relief, with the South Korean government bringing to an end the speculation through Thursday of a likely banning of cryptocurrency trading and closure of South Korea's cryptocurrency exchanges.

When Justice Minister Park Sang - ki originally hinted at «preparing to enact a special law to ban virtual currency trading through the exchange and to close the exchange,» Bitcoin reacted sharply, dropping by some $ 3500 over the past week.

In the afternoon of January 11, the South Korean government made an official announcement to the public through the Blue House that it will not impose a cryptocurrency trading ban in the short - term, and that the premature statement of Justice Minister Park does not reflect the stance of the South Korean government.

«There are great concerns regarding virtual currencies and the justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges,» Minister of Justice, Park Sang - ki, was quoted, according to

It also added that the Ministry of Strategy and Finance only found out about the statement of Minister Park through media reports, and the decision to ban cryptocurrency trading was not agreed upon by the task force.

South Korea is planning a law to ban cryptocurrencies such as Bitcoin being traded through its exchanges.

Apart from being beneficial to the top currencies, this ban will help in uprooting and preventing scams and those looking for quick money through ICOs and deceitful cryptocurrency trading.

South Korea is planning to ban the trading of cryptocurrencies like bitcoin through the country's financial exchanges, in a move which could further destabilize the already volatile currency.

In a statement earlier today, Justice minister Park Sang - ki said: «There are great concerns regarding virtual currencies and the justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges.»

South Korea Ministry of Strategy & Finance only found out the Ministry of Justice's #cryptocurrency trading ban proposal through media reports.

«There are great concerns regarding virtual currencies and the justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges.»

It is now understood that South Korea will only ban anonymous trading — meaning people wishing to trade cryptocurrencies need to do so through authorised exchanges using a registered bank account.

Though, the Indian government has yet to take a firm decision on whether or not to legalize cryptocurrencies; India's leading Bitcoin exchange, Unocoin, suggests crypto - coin trading could be possible through online banking even if exchanges are banned.

«There are great concerns regarding virtual currencies and justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges.»

«There are great concerns regarding virtual currencies and the justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges,» Park told a news conference, according to Reuters.

China sent shockwaves — and more than a little panic — through the cryptocurrency community in September when they instituted a complete ban on ICOs (Initial Coin Offerings) as well as the trading of ICO tokens and cryptocurrencies on local exchanges.

As of February, South Korea has mandated a ban on anonymous cryptocurrency trading, a scheme which was rushed through at the end of January and continues to cause bureaucratic difficulties of its own as the ecosystem struggles to cope.