Cryptocurrency was under pressure Thursday (Sept. 14) after Chinese Bitcoin exchange BTCChina announced it would stop all trading as of Sept. 30. According to a report in Reuters, a few hours after BTCChina said it was shutting its exchange, Chinese news outlet Yicai said all Bitcoin exchanges will be...
Bitcoin, the widely popular digital currency, saw its price drop late last week after a news report surfaced that China was gearing up to shutter local cryptocurrency exchanges. According to a report in Reuters, sources close to a regulatory committee that is in charge of...
China’s central bank is expected to proceed with new bitcoin regulation that will require exchanges to identify clients and follow banking guidelines. MarketWatch reported that the increased scrutiny from the central bank has led many bitcoin exchanges to suspend withdrawals from their platforms and impose...
January 23, 2018
South Korean crypto enthusiasts will no longer be able to use anonymous bank accounts for coin trading starting on January 30th. The move was designed by regulators to make bitcoin a less useful tool for money laundering and other financial crimes. Bitcoin mania is particularly acutely noticeable in the South Korean market, as dabbling in […]
September 15, 2017
Cryptocurrency was under pressure Thursday (Sept. 14) after Chinese Bitcoin exchange BTCChina announced it would stop all trading as of Sept. 30. According to a report in Reuters, a few hours after BTCChina said...
September 11, 2017
Bitcoin, the widely popular digital currency, saw its price drop late last week after a news report surfaced that China was gearing up to shutter local cryptocurrency exchanges. According to...
March 20, 2017
China’s central bank is expected to proceed with new bitcoin regulation that will require exchanges to identify clients and follow banking guidelines. MarketWatch reported that the increased scrutiny from the...