Sentences with phrase «clear regulatory framework»

Otherwise, as borrower and investor demand pushes transaction volumes to established foreign P2P lenders and lending alternatives, the domestic Canadian industry is left trying to figure out how to build - grow a successful business without a competitive and clear regulatory framework.

Prehn noted that most people, including regulators, don't understand how bitcoin works, so it is not surprising that developing a clear regulatory framework is taking so long.

Turning data into a widely traded, growth - boosting commodity similar to oil, for example, would require (i) a clearer regulatory framework and (ii) low - cost trading mechanisms enabling data to be exchanged in vibrant digital market - places without sensitive information about its originators being revealed.

China previously had no clear regulatory framework, and many companies had used that gap as an excuse to market unproven stem - cell treatments.

The report's authors urge lawmakers to provide clarity to consumers about what protections are available when transacting with virtual currencies, give entrepreneurs a clear regulatory framework, and «equip Ireland with a differentiating competitive advantage in securing foreign direct investment» in blockchain projects.

Thai Digital Asset Exchange (TDAX) is the first to postpone registration and trading of new ICOs while it waits for a clearer regulatory framework from the Securities and Exchange Commission.

Unless and until a clear regulatory framework is developed for digital currencies by the RBI, I do not see international digital currency exchanges to take benefit of GIFT.

ICOs don't have clear regulatory framework.

Without a clear regulatory framework for ICOs, Facebook is just trying to protect its users — of which there were 2.7 billion as of Q2 2017 — and prevent bad actors from promoting their scams on the site.