Sentences with phrase «concern about money laundering»

EU leaders have voiced concern about money laundering.

Similarly, the British government last month began mounting a crackdown on Bitcoin amid rising concerns about money laundering and tax evasion, with UK Treasury revealing it was looking into regulating cryptocurrencies.

Other governments continued to seek to regulate cryptocurrencies out of concerns about money laundering and other fraudulent activities.

News Indian officials revealed last week that the country's tax agency and investigation taskforce have concerns about money laundering and black market activities associated with bitcoin.

Not exact matches

(c) Banks are apprehensive about boarding bitcoin entities over concerns related to money laundering activities which could be carried out by their newly boarded digital currency clients.

Iran's central bank last week prohibited local banks from dealing in cryptocurrencies due to concerns about money - laundering as the country tries to halt a currency crisis ahead of a possible return of crippling sanctions.

Today, Kattoor raised concerns about «consumer protection, market integrity, and money laundering» as well as other issues that surround cryptocurrencies.

The Bank of Indonesia is concerned about the potential role of the crypto currency in money laundering and terrorist financing, suggesting that citizens...

Fed Chairwoman Janet Yellen has also voiced concerns about the potential for money laundering, while the bank has remained muted about the possibility of issuing its own «Fedcoin».

The rest of the post includes some speculation about the source of the park's photos (Hollywood movie sets) and the reason (money laundering, real estate concerns) for the hoax.

In contrast, this pales to the magnitude of concerns I feel about the B.C.SC striking down the money laundering laws that apply to lawyers.

«These teams receive intelligence from law enforcement, banks and other regulators, as well as reports from those we regulate about activity that might give rise to money - laundering and terrorist - financing concerns and the effectiveness of practice within firms.

Critics are now concerned about the number of properties not registered in the UK and say it's sometimes used as a method to launder money.

The Law Society and the Society of Trusts and Estate Practitioners have recently expressed concerns about ambiguity of wording and potential over-regulation of trusts in relation to money laundering.

The trial judge in Adnan Shaaban Abou - Rahmah found that Mr Faronbi, the bank's local manager in Nigeria, had suspected that Trust International might from time - to - time be engaged in money laundering, and had complied with reporting obligations, but had no suspicions about the particular two transactions concerned.

Government authorities have also been concerned about consumer protection, market integrity, and money laundering.

Saga holders must satisfy full KYC (Know Your Customer) qualification and AML (Anti Money Laundering) requirements under Swiss law, resolving, according to the non-profit, concerns about participant accountability, an issue that is generally raised regarding cryptographic currencies.

A statement from the Thai SEC obtained by the Bangkok Post reads, «Since this product is under the supervision of a standardised regulatory body, a point of concern, in this case, is not about fraud or money laundering, but rather how this product has high risks.»

He admitted that although there are some concerns raised about the safety and protection of investors plus their use in executing criminal activities like money laundering, the technology that comes with these digital currencies can be used to improve the efficiency and the inclusiveness of the economy and financial systems.

In part, banks say they are concerned about the due diligence cryptocurrency exchanges do on their customers to guard against money laundering, criminal activity and sanctions violations.

PBOC officials have since gone public about their desire for exchanges to have strong KYC and anti-money laundering (AML) restraints, reporting that money laundering and capital flight were top concerns.