Sentences with phrase «currency exchange service provider»

In moving towards reopening our services, we are putting all of our efforts towards discovering the cause of the illicit transfer and overhauling and strengthening our security measures while simultaneously continuing in our efforts to register with the Financial Services Agency as a Virtual Currency Exchange Service Provider.

In moving towards reopening our services, we are putting all of our efforts towards discovering the cause of the illicit transfer and overhauling and strengthening our security measures while simultaneously continuing in our efforts to register with the Financial Services Agency as a Virtual Currency Exchange Service Provider,» the company added.

Not exact matches

Although the lack of jurisdiction over Bitcoin and its links to money laundering and illicit marketplaces have raised more than a few eyebrows, the currency offers a simple way for legitimate businesses such as small retailers and professional service providers to accept payments for international sales without facing onerous credit card fees or exchange - rate surcharges.

These two payment service providers enable easy direct transactions and instant exchange between different currencies.

Among other provisions, the act stipulates that, upon provision of currency exchange services, a provider of currency exchange services shall identify and verify all persons participating in the transaction if the amounts exchanged in cash either in a single transaction or related transactions exceed $ 6,400 or its amount in another currency.

Bithumb, one of Korea's largest exchanges with a daily volume of approximately $ 511 million (~ 64,000 BTC), is partnering with mobile payment services providers as a way to bring digital currencies to retailers.

«Internationally, it is considered that the extension of AML / CTF regulation to include convertible digital currency exchanges would encourage innovation and investment by ensuring service providers have greater certainty and security in their dealings with digital currency businesses, while reducing the money laundering and terrorism financing risks associated with this emerging technology.»

Under the new proposal, member states are required to ensure that exchange services between virtual currencies and fiat currencies, and custodian wallet providers, are registered.

The proposals extend 4AMLD to «providers engaged primarily and professionally in exchange services...» which suggests companies whose primary business is not exchanging virtual currencies, and anyone buying or selling virtual currency occasionally or just funding a purchase is excluded.

As currency exchange rates can fluctuate often we ask that you refer to the following website for daily exchange rates: www.xe.com Tipping: It is customary in the Caribbean to tip service providers such as waiters, at approximately 10 %, depending on the service.

As currency exchange rates can fluctuate often we ask that you refer to the following website for daily exchange rates: www.xe.com Tipping: It is not customary in Australia to tip service providers, but if you do experience outstanding service it is good to do so.

As currency exchange rates can fluctuate often we ask that you refer to the following website for daily exchange rates: www.xe.com Tipping: It is customary in Latin America to tip service providers such as waiters, and local guide (s) at approximately 10 %, depending on the service.

As currency exchange rates can fluctuate often we ask that you refer to the following website for daily exchange rates: www.xe.com Tipping: Morocco has a strong tipping culture - it is customary and even expected to tip small service providers such as restaurant and bar waiters, hotel staff, reception, cleaning personnel, bell boys, taxis and van drivers.

As currency exchange rates can fluctuate often we ask that you refer to the following website for daily exchange rates: www.xe.com Tipping: It is customary in Asia to tip service providers such as waiters, at approximately 10 %, depending on the service.

As currency exchange rates can fluctuate often we ask that you refer to the following website for daily exchange rates: www.xe.com Tipping: It is customary in Latin America to tip service providers such as waiters, at approximately 10 %, depending on the service.

As currency exchange rates can fluctuate often we ask that you refer to the following website for daily exchange rates: www.xe.com Tipping: It is customary in Europe to leave a small tip for service providers, such as waiters, if you are pleased with the service ($ 1 - 2).

The CEO will be able to advise you on the exchange rate and the total required in either currency If at any time you feel that any service provider failed in maintaining or delivering good service, please bring it immediately to the attention of your CEO so a deduction of tips can take place.

Lithuania - Euro (EUR) Latvia - Euro (EUR) Estonia - Euro (EUR) Russia - Ruble (RUB) As currency exchange rates can fluctuate often we ask that you refer to the following website for daily exchange rates: www.xe.com Tipping: It is customary in Europe to leave a small tip for service providers, such as waiters, if you are pleased with the service ($ 1 - 2).

'' [In the US], financial regulators have already undertaken efforts at bringing certain virtual currency service providers - mainly the virtual currency exchanges - under the existing legal frameworks regarding money services business,» explains the report.

TOKYO (The Japan News / ANN)- The Financial Services Agency is debating whether to allow the registration of quasi-operators of cryptocurrency exchanges, in the wake of the recent massive theft of digital currency from exchange service provider Coincheck Inc..

In practice, this suggests Circle will provide similar services to bitcoin exchanges and wallet and storage providers - essentially housing these functionalities to remove some of the pain points commonly associated with digital currencies.

The bitcoin processing integration was provided by Latin American - focused bitcoin exchange provider Bitso, which recently raised an undisclosed seed round led by Digital Currency Group and launched a payment processing service, BitsoPagos.

Bitcoin Central first became famous in December 2012 when the exchange announced an agreement with the payment services provider Aqoba to convert the fiat currency portion of its users» exchange accounts into what would essentially be bank accounts.

There are several different ways to get some, including asking for bitcoins as payment for your services or products, exchanging regular money in the form of your local currency (Euros, Dollars, Pesos, etc.) for bitcoins through bitcoin service providers, and mining (a process in which bitcoins are extracted and minted with the use of a bitcoin miner software).

The bitcoin service provider Coinbase is set to make history later today: it's going to launch the first licensed U.S. exchange for the currency, approved in 24 jurisdictions around the country.

International money transfer services provider Western Union (WU) has launched a campaign against wire transfer transactions involving digital currency exchanges.

Satoshi Citadel Industries calls itself a «provider of bitcoin solutions» and manages a range of different digital currency services and sites, including Bitmarket, in - beta exchange Coinage, photo - sharing site Bitstars.ph, and remittance service ReBit.

For example, digital currency exchange provider Bitstamp is also a Ripple Gateway, meaning users can buy and sell XRP among other digital currencies on the service.

«After the amendment comes into force, professionals and especially exchange services between virtual and fiat currencies and custodian wallet providers will have to comply, which includes, of course, compliance with the regulations in their country of incorporation,» explains Boland.

Requiring exchange services between cryptocurrencies and fiat currencies and custodian wallet providers will not fully address the issue of anonymity of cryptocurrency transactions since the virtual currency environment will largely remain anonymous since users can also transact without these providers.

Notably, exchange services between cryptocurrencies and fiat currencies and custodian wallet providers are not presently required to identify suspicious activity, the new proposal stated.

International money services provider Western Union has launched a campaign against wire transfer transactions involving digital currency exchanges.