Tag Archives: Exchanges

Report: South Korea to Decide Thursday on Crypto Exchange Regulation

South Korea will make a decision on Thursday over its stance on cryptocurrency exchange regulation, according to a report by Reuters. Responding to a parliament member at the national policy committee meeting today, Choi Jong-ku, head of South Korea’s Financial Services Commission, explained how such regulation may play out, reportedly saying: “(The government) (more…)

Kraken Exchange Is Back Online After Troublesome System Upgrade

Kraken, the fifth-largest cryptocurrency exchange, has resumed service after scheduled maintenance that was supposed to take two hours but instead took two days. The unexpectedly long downtime agitated many users, since not only trading but also withdrawals were unavailable for the period, during which coin prices gyrated on bearish news coming out (more…)

Korea’s Crypto Crackdown Talk Draws Backlash From Users and Politicians

More than 100,000 South Korea residents have signed petitions asking the government there to step back from any plans to close the country’s cryptocurrency exchanges. Earlier this week, the South Korean Justice Ministry announced that it was preparing legislation to close the country’s online exchanges amid a speculative boom in cryptocurrencies. That (more…)

Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved Exchanges

Regulation The Russian Ministry of Finance is drafting a bill to legalize cryptocurrency trading at approved exchanges. The ministry is already preparing a list of approved trading platforms. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Some Exchanges Will be Legalized Alexei Moiseev. The Russian Deputy Finance Minister Alexei (more…)

South Korea’s Biggest Banks Face Inspection into Cryptocurrency Accounts: Report

Advertisement Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. South Korean authorities are reportedly launching inspections into bank accounts related to cryptocurrency exchanges to crack down on money laundering and speculative trading. According to Korean publication Yonhap, South Korea’s Financial Intelligence Unit (KoFIU) and the Financial Supervisory Service (FSS) (more…)

ICOs: The Tech Is Here, But Where Are the Standards?

Nick Cowan is CEO of the Gibraltar Blockchain Exchange and the Gibraltar Stock Exchange Group, which operates the Gibraltar Stock Exchange. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. Let’s face facts: initial coin offerings (ICOs) have done more this year to encourage the adoption of blockchain technology, as well (more…)

Japan: The New Heart of Bitcoin

Yuzo Kano is the CEO for BitFlyer, one of Japan’s largest cryptocurrency exchanges. He previously worked at Goldman Sachs developing settlement systems, and later on equities derivatives and convertible bonds. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. No matter what negative news rocked the community, what hard fork (more…)

2017: The Year Crypto Became a New Asset Class

Hunter Horsley is the co-founder and CEO of Bitwise Asset Management, a cryptocurrency specialist asset manager which launched the first cryptocurrency index fund earlier this year.  The following article is an exclusive contribution to CoinDesk’s 2017 in Review. 2017 has been a watershed year for crypto assets. The combined market cap rocketed from $15 (more…)

Markets Update: Bitcoin Price Moves Sideways During the Holiday Lull

Market Updates The price of bitcoin has dropped considerably since it touched its all-time high of $19,600 per BTC on December 17. Since then markets have been quite bearish across the board, leading to lows in the $11K zone on December 22. Bitcoin markets have rebounded since then, and the (more…)