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Currently, regulation on Bitcoin has come either regionally or nationally, from certain countries’ central banks and regulators, but there is a call for a united global front. #ANALYSIS Go to Source Powered by WPeMatico
Cryptocurrency markets are having a tough time during the third week of the new year as a vast majority of digital assets are down 20 percent or more. Currently, the BTC/USD global average is roughly $12,050 after touching a high of $14,300 just 24-hours prior. The sudden losses started taking place yesterday evening when bitcoin markets … Read more
A member of the board of Germany’s Bundesbank, has suggested that any attempt to regulate cryptocurrencies would require international cooperation. #NEWS Go to Source Powered by WPeMatico
News of increased regulation in China and South Korea have likely caused a short-term market dip across cryptocurrency #NEWS Go to Source Powered by WPeMatico
Cryptocurrencies have been threatened at one point or another by nearly every country on the planet. Rarely does a government venture beyond rhetoric. Those resorting to crackdowns are often met with greater public appetite for decentralized virtual money, making all that initial fuss an exercise in futility. Be they communist strongholds or liberal democracies, bitcoin … Read more
South Korean crypto traders to face fines for anonymous trading, gov’t clarifies position on trading ban rumors #NEWS Go to Source Powered by WPeMatico
South Korean banks have backtracked from their decisions to stop servicing cryptocurrency accounts as crypto investors protested and the government re-discussed its policy. The country’s 6 major banks have been told that they must follow through with the original plan and install the system that would end the anonymous trading of cryptocurrencies. Also read: South Korea … Read more
This week in bitcoin was all about Korea, although every week in bitcoin is all about Korea. Markets dropping? Blame Korea. Markets soaring? Credit Korea. Zero fee trading sends a pointless altcoin pumping? You bet it comes from Korea. While real news, fake news, and news whose legitimacy is a matter of dispute emanated from … Read more
2018 continues to be kicking off on the wrong foot for Bitcoin as another poor week draws to a close. Regulatory pressure seems to have finally caught up with the rocketing asset #ANALYSIS Go to Source Powered by WPeMatico
The South Korean government has announced that cryptocurrency traders will be fined if they do not convert from existing virtual accounts, which allows for anonymous trading, to real-name accounts. Regardless of their service levels to crypto exchanges, banks have been ordered to implement the new system this month as planned. Also read: South Korea Urges 23 … Read more
