Sentences with phrase «conducting business with virtual»
The regulatory change will address, among others, anyone conducting business with virtual currencies, including maintaining control of virtual currency on behalf of others.
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The draft also allows for a bit of flexibility; provisional registrants are defined as those who register with their states to conduct virtual currency business but do not conduct business in such great volume as to be licensed, nor a low enough volume to be considered exempt.
(The Opinion clarifies that, while «a Virtual Law Practice might make use of the facilities of a VLO to conduct business, this opinion does not address the ethical issues associated with operating a Virtual Law Practice.»)