Sentences with phrase «work on cryptocurrency regulations»

Not exact matches

Russian officials have previously suggested that the EAEU countries should work together to align their policies on cryptocurrency regulation and that they should all share an official «virtual currency.»

Firouzabadi said in November of last year that although the HCC «welcome [s] Bitcoin,» they also see a need for regulating cryptocurrencies within the country and are working with the Central Bank of Iran on a crypto study that aims to clarify how regulations could work.

Reserve Bank of South Africa To Initiate Trial Run Of Cryptocurrency Regulations The Reserve Bank of South Africa discussed possibilities of rolling forwarded a digital currency working on the wings of Blockchain technology back in February 2017.

Malaysia's Securities Commission is working together with the country's central bank on a cryptocurrency regulation framework.

South Korea, which became a hotbed of cryptocurrency activity last year, is also tightening oversight as it works on a comprehensive set of regulations, though it has allowed exchanges to keep operating for now.

With cryptocurrency regulation still being worked on India, the future remains a bit uncertain for the industry.

Senior officials in Ukraine are forming a new working group on cryptocurrency regulation, the country's government announced on Thursday.

ZB began work on November, 1, the next day after other Chinese cryptocurrency exchanges ceased their operations due to the recent regulation tightening in China.

Japanese Industry Groups Promise Tighter Self - regulation as Experts Warn of Gov» t Regulations Leading lights of the Japanese cryptocurrency and blockchain scene have declared their intention to work together to prevent further hacks, following a massive 526 million XEM hack on exchange platform Coincheck last week.

Regulators in South Korea have been working to set new regulations on the cryptocurrency industry, effectively ensuring that trading of the different coins will slow down within the country.

Finance minister Gigaba speaks out on Bitcoin regulation in South Africa — «while cryptocurrencies are currently not regulated — they operate without the authority of central banks — a number of institutions were working to address this»

However, the Chinese are rapidly working behind the scenes on cryptocurrency regulations and blockchain technology.

According to Reuters, Choe Heung - sik, the governor of South Korea's Financial Supervisory Service (FSS), told reporters, «The whole world is now framing the outline (for cryptocurrency) and therefore (the government) should rather work more on normalization than increasing regulation.»

CryptoUK will work with the UK on issues like preventing Bitcoin (BTC) and cryptocurrencies from being used in money laundering and other illegal activities, but will not deal with ICO regulation.

Earlier this month, Abu Dhabi's Financial Services Regulatory Authority (FSRA) announced that they are working on regulations for cryptocurrencies, Initial Coin Offerings (ICO), and crypto exchanges, which are as of yet unregulated throughout the United Arab Emirates (UAE).

The Korean authorities have been relatively friendly towards cryptocurrencies, but according to reports, authorities are working on the Cryptocurrency and ICO regulation in the country.