Tagged: crypto exchanges

November 29, 2019 @ 2:00 pm By Cali Haan  |  

China is cracking down on its “massive” cryptocurrency sector, Japan Times reports, and this time it seems pretty real. Bitcoin was officially banned in China in late 2016 when, according to Morgan Stanley, Chinese yuan was being used in more than 95% of Bitcoin trades…. Read More

November 20, 2019 @ 8:25 am By JD Alois  |  

FirstRand Bank (FRB) in South Africa is shuttering accounts affiliated with cryptocurrency exchanges, according to a report in MyBroadband. Quoting a letter seen by the publication, the justification is due to associated risk regarding these exchanges: FirstRand Bank has been considering its risk appetite in… Read More

October 7, 2019 @ 6:46 am By Omar Faridi  |  

South Korea’s regulators have consistently preferred supporting blockchain-related initiatives over decentralized crypto tokens. Recent events confirm that the nation’s authorities are more inclined to support blockchain technology itself rather than investments in speculative cryptocurrencies.  According to local reports, approximately 97% of local crypto-asset exchanges might… Read More

September 11, 2017 @ 7:01 pm By JD Alois  |  

So the other shoe has apparently dropped in China. Following a ban on Initial Coin Offerings, reportedly Chinese officials will ban all crypto-exchanges thus impacting the trading of Bitcoin, Ethereum and all other digital coins. This is according to a report in WSJ.com that cites… Read More