Tag: crypto exchanges

Bank Of Russia To ‘Slow Down’ Payments To Crypto Exchanges, Curb Russians’ Impulsive Investments

Central Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges. The move aims to limit “emotional” cryptocurrency purchases made by…

Bithumb To Ban Foreign Traders Failing Mobile Phone Identification

South Korean crypto exchange Bithumb said it will deny access to foreigners unable to verify their identities via mobile phone. The decision comes as the trading platform moves to comply…

Korea’s FSC Chairman Nominee Skeptical Over Cryptocurrency As Financial Asset

A former central bank official, nominated to head South Korea’s financial watchdog, has expressed skepticism about recognizing cryptocurrency as a financial asset. In comments to a parliamentary committee, Koh Seung-beom…

Crypto Exchange Bitfront Said To End Korean Services Ahead Of Tough New Regulations

U.S.-based crypto trading platform Bitfront is going to discontinue services in South Korea before stricter rules for the industry are enforced in September, Korean media reported. The exchange, a subsidiary…