Sentences with phrase «compliant virtual currency exchange»
In January of this year, bitFlyer was granted a European Union payment institution license, making it — in the words of the company's CEO — «the most compliant virtual currency exchange in the world.»
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The Bitlicense, which authorizes Coinbase's continuing virtual currency business operations in the state of New York, is an important validation of our highest priority: to operate the most secure and compliant digital currency exchange in the world.
While the letter from FinCEN signed by Assistant Secretary for Legislative Affairs Drew Maloney states that Treasury wants to promote innovation it opens a question as to how many virtual currency exchanges are operating without the benefit of being compliant.