Sentences with phrase «trading of cryptocurrencies on»

After banning initial coin offerings last week, China is expected to ban trading of cryptocurrencies on domestic exchanges.

The Russian Ministry of Finance has drafted a bill to legalize the trading of cryptocurrencies on approved exchanges, according to a report from local media.

South Korea's government announced that it may still go on to ban the trading of cryptocurrencies on exchanges, following apparently conflicting reports on the matter days earlier.

In addition to trading the dominant cryptocoins, one of CryptoHawk's primary essence also lies in further establishing and promoting the acceptability of cryptocurrencies as a means of payment in the society across all industries and sectors; from the standard trading of cryptocurrency on exchanges to making a purchase in the local retail store using any recognized coin.

Not exact matches

Earlier this week Fortune had the scoop on Circle, a Goldman Sachs - backed fintech startup, buying the cryptocurrency exchange Poloniex, where many of these projects» digital tokens trade.

Johnson, who is «very bullish» on the future of cryptocurrency, has spearheaded research efforts in crypto at both Jump Trading and Jump Capital to help understand the nascent market.

On its website, Verge is described as a cryptocurrency which «improves upon the Bitcoin blockchain» and uses open - source software like Tor and I2P — both of which have been used in connection to the former trading site for illicit goods, the Silk Road.

The crackdown on Seoul - based operators of some of the world's busiest virtual currency exchanges comes as the government attempts to calm frenzied demand for cryptocurrency trading in Asia's fourth largest economy.

South Korea's new management - minded approach is a dramatic turnaround from its energetic regulatory crackdown on cryptocurrency exchanges this past year, alarmed at a heated market that saw local prices of Bitcoin and other virtual currencies in South Korea trade for higher than international levels.

In the past month, the cryptocurrency is up more than $ 8,000 to trade at $ 14,950.06 on the Coinbase exchange shortly before the beginning of futures trading Sunday.

Even as China shutters Bitcoin exchanges and the U.S. Securities and Exchange Commission signals heavier scrutiny of initial coin offerings, clients of trading giant Goldman Sachs are still trying to get in on the cryptocurrency trade.

Dan Morehead, founder and CEO of Pantera Capital, a hedge fund that specializes in cryptocurrencies, says his firm trades on all the major online exchanges, but will turn to a trading outfit, like Circle's, when the desk posts prices «at a discount to the market.»

In a separate hearing on ICOs in Congress last week, Mike Lempres, chief legal and risk officer for cryptocurrency exchange Coinbase, said the company does not trade ICO tokens because it «can not take the risk of inadvertently trading an asset that is later found to be a security.»

Crypto crackdown China, home to the world's biggest community of Bitcoin miners, is cracking down on cryptocurrency activity, haling trade of virtual currencies on domestic exchanges and banning initial currency offerings.

LONDON — Revenue at trading platform Plus500 jumped 284 % in the first quarter of the year, led by a surge in cryptocurrency trading, the company said on Tuesday.

A report of a Commodity Futures Trading Commission subpoena on major cryptocurrency exchange Bitfinex and an Securities and Exchange Commission emergency asset freeze on an initial coin offering added to negative sentiment that day.

A head of the European Union's watchdog said a short - term strategy could be to focus on applying anti-money laundering and terrorist financing rules, warning consumers of the risk of trading in cryptocurrencies and preventing banks from holding them.

The state average of 9.87 cents per watt puts the average cost of mining at $ 3,224 per Bitcoin — substantially less than the over $ 16,000 the cryptocurrency is currently trading at on the open market.

«Discussions will focus on anti-money laundering steps and consumer protection, rather than how cryptocurrency trading could affect the banking system,» one of the officials said.

Autonomous NEXT recorded a record high of 226 global hedge funds focused on trading cryptocurrencies, up from 110 global hedge funds as of October 18.

The Ontario Securities Commission said on April 6 that it is gathering information on several cryptocurrency trading platforms after it received a number of complaints.

At least 3.5 million people were trading cryptocurrency on Japan's 17 domestic exchanges as of the end of March this year, according to Coindesk's translation of statistics from the country's Financial Services Agency (FSA).

LONDON — Online trading platform Plus500 raised its profit forecasts for the year on Wednesday, saying it has benefitted from the booming popularity of cryptocurrencies like bitcoin.

The index fund, which will invest in the same cryptocurrencies traded on Coinbase and its institutional exchange GDAX — currently including Bitcoin, Ethereum, Bitcoin Cash and Litecoin — will be available only to U.S. accredited investors, or those who have annual income of at least $ 200,000 or a net worth of at least $ 1 million.

China cracked down on cryptocurrencies in September 2017, with authorities banning bitcoin trading and initial coin offerings after the People's Bank of China said such activities could pose major financial risks to the world's second - largest economy.

It's only a matter of time before China lifts its ban on cryptocurrency exchanges, according to the entrepreneur behind what was once China's longest - running bitcoin trading operations.

The entrepreneur explain that he «got out» of the Chinese bitcoin exchange business, and now instead focuses ambitions on an international trading platform, a mining and minting operation and a cryptocurrency wallet called Mobi.

The entrepreneur explain that he «got out» of the Chinese bitcoin exchange business, and now instead focuses ambitions on an international trading platform, a mining and minting operation and a cryptocurrency wallet

Chinese bitcoin exchange BTCChina said on Thursday that it would stop all trading from Sept. 30, setting off a further slide in the value of the cryptocurrency that left it over 30 percent away from the record highs it hit earlier in the month.

Based on Nikkei's report, the regulator said the cryptocurrency exchange has made it possible for users to start trading immediately after submitting a photocopy of their ID cards, while the platform has yet to fully confirm and verify users» information.

The safest way to trade bitcoins is on cryptocurrency exchanges, which are sort of like the New York Stock Exchange or Nasdaq, where stocks are bought and sold, but for digital currency.

Anatoly Aksakov, the head of the Financial Market Committee in the State Duma, the lower house of Russia's parliament, has reportedly said that the Russian Federation's Central Bank may allow the launch of cryptocurrency trading on the Moscow Stock Exchange.

It relates that in light of cryptocurrency price fluctuations, the attack on the South Korean exchange Youbit, and that platform's consequent decision to declare bankruptcy, «It is necessary... to be vigilant about virtual currency trading.»

The banks decided to drop the services in anticipation of forthcoming government action on cryptocurrency trading, according to the Korea Times.

The rapid growth and extreme volatility of cryptocurrency trading has sparked interest in developing futures and options that can be traded on regulated exchanges.

Personnel with the trading platforms are apparently suspected of having embezzled customer funds, then using them to buy cryptocurrency on other exchanges.

According to a press release issued jointly by several South Korean government agencies on December 20, the country's Fair Trade Commission (FTC) has sent representatives on a three - day «field survey» of the country's 13 «major» cryptocurrency exchanges.

Research by Morgan Stanley bank published in a Business Insider report on Sunday, April 29, 2018, concludes that Malta now accounts for the largest proportion of cryptocurrency trading in the world by volume, followed by Belize.

In China, over the last several months, regulators shut down vast swathes of the cryptocurrency world, banning token offerings (ICOs) and demanding that trading on cryptocurrency exchanges cease.

He also pledged that Chinese authorities would continue to apply pressure to the trade of digital assets, which was significantly ratcheted up last year with bans on token offerings, colloquially known as ICOs, and on cryptocurrency exchanges, which had to either cease or dramatically reconfigure their operations, or move abroad.

The finance ministry had published an earlier draft of the latter bill on its website in January 2018, and noted that the central bank took exception to a provision that would allow decentralized cryptocurrencies to be traded on exchanges for other digital assets as well as for fiat money.

The cryptocurrency exchange Kraken sent an email on April 17 to its Japan - based clients informing them that, starting on a yet - to - be-announced date in June, residents of the country will no longer be allowed to trade digital assets on the platform.

«I see the memo as the CFTC cautioning its employees on the ethical issues that could be raised by their trading in cryptocurrencies, encouraging them to consider and seek advice from the CFTC ethics team before trading in cryptocurrencies, noting that employees may not transact in cryptocurrencies if they have nonpublic information about them from their work at the CFTC, and advising that those who participate in CFTC dealings related to cryptocurrencies may not trade in them for conflict of interest reasons.»

Although OTC trading relies on bank wires and mainstream communication channels (e.g., Skype), there are apparently no reporting requirements or independent audits for this slice of the cryptocurrency industry.

Over the last several months, Chinese regulators have essentially crushed mainstream trading of private cryptocurrency and clamped down on token offerings (ICOs).

Interest in the surging bitcoin and opening of futures trading continued to fuel bets on cryptocurrency - related stocks, many of which have risen exponentially in value in the past three months.

All cryptocurrencies that were previously supported on the exchange were available for trade with the notable exception of Nano XRB.

The cryptocurrency market shed $ 13 billion in market cap to trade at $ 417.8 billion, according to data provider CoinMarketCap, on trade volumes of $ 27.6 billion.

The cryptocurrency was trading at $ 7,892.97 as of 6:54 p.m. on Tuesday (April 17), according to CoinDesk.

In November, the Internal Revenue Service (IRS) won a court case against popular cryptocurrency exchange Coinbase that required the exchange to hand over information on 14,355 users who'd traded in excess of $ 20,000 worth of bitcoin between 2013 and 2015.