Tag Archive: ban

  • Bitcoin, Bitcoin Exchange, Bitcoin Regulation, News, News teaser

    South Korea Government ‘Will Not Ban Or Suppress’ Cryptocurrency – Minister

    South Korea’s government has confirmed it has “no intention” of banning or “suppressing” cryptocurrency trading in fresh comments on the industry. ‘No Intention To Ban’ In comments Wednesday quoted by Reuters, finance minister Kim Dong-yeon, who earlier in January said that a shutdown was still a possibility, finally ended apprehension surrounding the future of cryptocurrency trading in the country. Kim had faced a 200,000-strong petition demanding he be fired from his position after the comments,

    · January 31, 2018 · 6:30 am
  • South Korea Govt Embroiled in Insider Trading Scandal As Traders Refute Exchange Ban Uncategorized

    South Korea Govt Embroiled in Insider Trading Scandal As Traders Refute Exchange Ban

    South Korean cryptocurrency holders have described a potential exchange ban as “not a big problem” as Seoul launches an investigation into insider trading. Exchange Ban Has ‘Capital Outflow’ Risks Speaking to mainstream western media about the current turbulent regulatory climate in the country, one holder said opening an account on a foreign exchange or using connections abroad as proxies were both feasible options should the government enact a ban. The anonymous party told CNBC: In

    · January 18, 2018 · 12:30 pm
  • Korea Bitcoin, Bitcoin Breaking News Brief, Bitcoin Regulation, News, News teaser

    South Korea Expected to Ban Banks From Dealing in Cryptocurrency

    South Korea’s government has said it will “ban” financial institutions from dealing in cryptocurrency in any way. No ‘Dealing’ In Virtual Currencies The latest surprising episode in the country’s regulation debacle, Yahoo! News quotes unnamed sources stating banks and others would not be allowed to “deal in virtual currencies – including buying, possessing, or holding them as collateral.” While likely an outcome of a governmental meeting on cryptocurrency today, which involved the president, the move,

    · December 13, 2017 · 8:00 am
  • mining Bitcoin, Bitcoin Regulation, Mining, News, News teaser

    China Bans Bitcoin Mining? Rumors Fly as Notices Appear In Press

    Chinese Bitcoin mining farms are reportedly receiving immediate cease and desist notices from authorities. Bitcoin Mining Now ‘Illegal’? Evidence surfacing on Twitter added to an article from local news outlet Caixing today, which stated electricity supplier in Szechuan province had said Bitcoin mining was now “illegal.” “Immediately stop supply power to bitcoin mining businesses upon receiving this notice,” a translated notice proclaiming the ban uploaded by 8btc and translated on Twitter states. If true, the

    · November 14, 2017 · 9:00 am