Sentences with phrase «as virtual currency speculation»

«While the security threats such as virtual currency speculation and hacking of handling sites are increasing, the actual situation of personal information protection of major virtual currency exchanges is very weak.

«While the security threats such as virtual currency speculation and hacking of handling sites are increasing, the actual situation of personal information protection of major virtual currency exchanges is very weak,» warned the chairman of the Korea Communications Commission in announcing the fines.

«As security threats such as virtual currency speculation and hacking on handling sites are increasing, the actual situation of personal information protection of major virtual currency exchanges has been found to be very weak,» Korea Communications Commission chairman Lee Hyo - Sung said.

Not exact matches

Back in 2014, he wrote a Financial Times op - ed in which he criticized the virtual currency for being «unsuitable as a means of exchange» and said it was only attractive for two reasons: anonymity — as desired by money launderers and tax evaders — and speculation.

«It means all the hype caused by speculation is boosting a really interesting virtual currency economy, and the world is starting to treat it like other currencies, as value, which is regulated.»

There's already speculation that the voting system will be tied into Facebook Credits, the virtual currency system that has mushroomed on the social network as a gaming platform.

«In addition, we will continue to rectify the side effects of virtual currency speculation, but we will make balanced policy efforts to ensure that government measures do not hinder the development of technology such as block chains,» the government said, according to a translation.

The market for virtual currency is still young so it's only natural that it has become a target of speculation, but I think it has potential as a currency that is not restricted by country.

a) High price volatility as investments tied to Virtual Currencies are highly unstable and are primarily based on speculations; b) Failure / closure of Virtual Currency exchanges / businesses due to any reason including action by law enforcement agencies; and c) Hacking / security compromises of cryptocurrency exchanges and wallet businesses.

With bitcoin drifting back toward its all - time high and interest in virtual currency growing — both as a store of value and as a means of speculation — traders have little alternative but to use current centralized exchanges that have always proven a point of weakness in the bitcoin ecosystem.

It can also be seen as the result of recent events in which government bodies were reportedly considering measures to halt what they called an «overheating of virtual currency speculation.»

The SBP took the action on account of the following risks: • Virtual currencies are highly volatile, unstable and the prices are primarily based on speculations; • The failure and closure of virtual currency exchanges and businesses for any reason, such as action by law enforcement agencies; and • The number of security compromises of virtual currency exchanges and wallets worldwide in which large amount of funds have beeVirtual currencies are highly volatile, unstable and the prices are primarily based on speculations; • The failure and closure of virtual currency exchanges and businesses for any reason, such as action by law enforcement agencies; and • The number of security compromises of virtual currency exchanges and wallets worldwide in which large amount of funds have beevirtual currency exchanges and businesses for any reason, such as action by law enforcement agencies; and • The number of security compromises of virtual currency exchanges and wallets worldwide in which large amount of funds have beevirtual currency exchanges and wallets worldwide in which large amount of funds have been lost.

The Bank added that ownership of digital currencies is risky and «loaded» with speculation as there is no central authority responsible for the currency nor any underlaying assets to base a virtual currency price.

«Ownership of virtual currency is very risky and full of speculation because there is no authority responsible,» the central banker continues, «there is no official administrator, there is no underlying asset underlying virtual currency price and trading value is very volatile so vulnerable to the risk bubble and prone to be used as a means of washing money and financing of terrorism, so that it can affect the stability of the financial system and harm the public.