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Tag Archives: Crackdown

Asia leads crypto selloff on China crackdown

All cryptocurrencies have taken a battering during the Asian trading session today as a huge selloff has commenced. Fears have escalated over further clampdowns in China and possible restriction in South Korea. The markets have fallen over 36% in the past week and total market capacity at the time of writing was just over $500 billion, down from $830 billion ...

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China’s Bitcoin Miners Begin Exodus amid Government Crackdown

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Some news reports have started to emerge indicating that China may discourage bitcoin mining operations in the country by curbing their access to electricity. The move, however, may not affect all miners as the People’s Bank of China has only laid down a plan affecting a small ...

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Cryptocurrency Markets Drop $100 Billion on Korea Crackdown #FakeNews

Cryptocurrency markets took a hit on rumors that the South Korean government had raided cryptocurrency exchanges. Several sources such as Reuters reported that tax officials had raided some of Korea’s top exchanges, including industry heavyweight BitHumb, in a crackdown that could see complications for one of the world’s largest cryptocurrency trading hotspots. However, sources closer to the Korean exchange world ...

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South Korean Blue House (like the US White House) is being bombarded with complaints from citizens about the Ministry of Justice’s premature statement on possible crackdown on #cryptocurrency trading. : litecoin

South Korean Blue House (like the US White House) is being bombarded with complaints from citizens about the Ministry of Justice’s premature statement on possible crackdown on #cryptocurrency trading. : litecoin this post was submitted on 11 Jan 2018 3 points (100% upvoted) shortlink: subscribeunsubscribe172,312 readers 4,122 users here now Wallets Official Wallet – Litecoin Core – Use bootstrap.dat to ...

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UBI Blockchain Is the Latest in Series of SEC Cryptocurrency Crackdown Targets

In a story that is getting all too familiar recently, the Securities Exchange Commission (SEC) halted trading on yet another blockchain-related company stock, UBI Blockchain. The SEC explained: “The Commission temporarily suspended trading in the securities of UBIA because of (i) questions regarding the accuracy of assertions, since at least September 2017, by UBIA in filings with the Commission regarding ...

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China’s Crackdown on Mining Could Lead to Bitcoin Price Surge

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. As Bloomberg and CnLedger have reported, the Chinese government intends to crackdown on the cryptocurrency mining industry in the upcoming months. Analysts have stated that the dismissal of miners in China could lead to a bitcoin price surge due to a decrease in supply. No Ban According ...

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UBI Bitcoin Is the Latest in Series of SEC Cryptocurrency Crackdown Targets

In a story that is getting all too familiar recently, the Securities Exchange Commission (SEC) halted trading on yet another cryptocurrency, UBI Blockchain. The SEC explained: “The Commission temporarily suspended trading in the securities of UBIA because of (i) questions regarding the accuracy of assertions, since at least September 2017, by UBIA in filings with the Commission regarding the company’s ...

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Visa Crackdown on Bitcoin and Cryptocurrency Debit Cards, No Big Impact

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Visa, the $270 billion financial service provider and credit card network, has terminated its partnership with Wave Crest, a Gibraltar-based digital payment processing company, effectively disabling bitcoin and cryptocurrency debit cards. TenX, Xapo, Coins.ph, Bitwala, BitPay, CryptoPay, Users All Affected All of the bitcoin and cryptocurrency debit ...

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