Sentences with phrase «virtual currency speculation»
It is necessary to pay special attention to the risk of virtual currency speculation and to be vigilant about virtual currency trading participation.
ccinews.net
In the same statement, the government pledged to «respond strongly to excessive virtual currency speculation and illegal activities,» but to also invest in blockchain research and development.
«As security threats such as virtual currency speculation and hacking on handling sites are increasing, the actual situation of personal information protection of major virtual currency exchanges has been found to be very weak,» Korea Communications Commission chairman Lee Hyo - Sung said.
On Dec. 28, the South Korean government announced its plans to ban the use of anonymous virtual accounts for cryptocurrency trading in an effort to «curb virtual currency speculation», local news agency Yonhap reported.
The South Korean government is considering a range of policy options in order to curb what it called an «overheating of virtual currency speculation,» including a possible capital gains tax on trades.
«While the security threats such as virtual currency speculation and hacking of handling sites are increasing, the actual situation of personal information protection of major virtual currency exchanges is very weak,» warned the chairman of the Korea Communications Commission in announcing the fines.
The government hinted that legislation would be forthcoming, however, promising a «strong response» to «excessive virtual currency speculation and illegal activities,» but underlined its ongoing «support and nurture for blockchain research and investment.»
«In addition, we will continue to rectify the side effects of virtual currency speculation, but we will make balanced policy efforts to ensure that government measures do not hinder the development of technology such as block chains,» the government said, according to a translation.
«While the security threats such as virtual currency speculation and hacking of handling sites are increasing, the actual situation of personal information protection of major virtual currency exchanges is very weak.
considering measures to halt what they called an «overheating of virtual currency speculation.»
It can also be seen as the result of recent events in which government bodies were reportedly considering measures to halt what they called an «overheating of virtual currency speculation.»
The South Korean government is considering a range of policy options in order to curb what it called an «overheating of virtual currency speculation.»
Citing the bankruptcy filing of the crypto exchange Youbit, the government asserted, «it is necessary to pay special attention to the risk of virtual currency speculation and to be vigilant about virtual currency trading participation.»