Phrases with «currency intermediaries»

Currency intermediaries refer to financial institutions or agents that facilitate the exchange of one form of currency for another. They act as intermediaries between buyers and sellers, helping individuals and businesses convert their money into a different currency when engaging in international trade or travel. These intermediaries can include banks, exchange bureaus, or online platforms that provide currency exchange services. Full definition

Sentences with «currency intermediaries»

  • The Singapore regulator in 2014 said it would introduce legislations that required virtual currency intermediaries operating in the country to comply with measures to curb money laundering and terrorism funding. (zdnet.com)
  • The Monetary Authority of Singapore (MAS) will regulate virtual currency intermediaries in a move to combat risks from terrorism - related financing and money - laundering. (gfmag.com)
  • Japan is the only major advanced economy with a licensing regime for digital currency intermediaries such as exchanges and payment providers. (courant.com)
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