Tag: Exchanges
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Russians can still access cryptocurrency exchanges. Report Unveils New EU Sanctions Despite
Following the most recent round of EU sanctions, a number of cryptocurrency exchanges, including international platforms, did not impose any new limitations on Russian users, according to Russian crypto media. In an effort to put more pressure on Russia in the midst of an intensifying conflict in Ukraine, the latest European sanctions target a variety…
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Colombia Takes First Steps Towards Cryptocurrency Exchange Regulation
In its first meeting, Colombia’s Congress approved a bill that regulates the behavior of cryptocurrency exchanges in the country, taking the first steps toward bringing clarity to this issue. Mauricio Toro, a Green Party representative and one of the bill’s creators, stated that the bill is needed to protect users from Ponzi schemes and provide…
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While China Bans Bitcoin Exchanges, Japanese Government Embraces Them
Beginning October, Japanese Bitcoin and cryptocurrency exchanges will be fully surveilled and investigated by local authorities as a part of a larger initiative to create a more regulated and robust Japanese Bitcoin exchange market. Earlier this month, the Chinese government enforced a nationwide ban on Bitcoin and cryptocurrency exchanges, forcing large-scale cryptocurrency trading platforms including BTCC, OKCoin…
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Gibraltar Issues ICO Advisory Amid Drive Toward Blockchain Regulation
The Gibraltar Financial Services Commission, the financial watchdog for the British Overseas Territory, has announced it will put in place new regulations aimed at bringing oversight to the cryptocurrency exchange sector. In a September 22 statement, the commission said that, from January 2018, a new framework will regulate companies using blockchain to “store or transmit value belonging to…