In addition, and from the point of view of companies
conducting currency issues, questions arise regarding the application of securities laws.
Not exact matches
IRS has opened a John Doe summons (a summons
issued to a person whose name is unknown at the time of service) which seeks information on any «United States persons who, at any time during the period January 1, 2013, through December 31, 2015,
conducted transactions in a convertible virtual
currency.»
CuroStudio is currently in the planning stages of
issuing this
currency and hopes to
conduct an initial coin offering during the first half of this year.
The policy reviews that Nizam oversaw at MAS included: (1) revamp of regulatory framework on markets / recognized market operators, (2) dual
currency investments, (3) credit card solicitation rules, (4) disclosure requirements for investment products, (5) rationalisation of wholesale / retail investors, (6) extra-territorial application, (7) regulation of traded life / endowment policies, (8) civil penalty regime for market misconduct, (9) review of insider trading, (10) licensing and business
conduct issues, (11) policies behind regulation capital markets intermediaries, (12) implementation of recommendations of Corporate Law and Regulatory Framework Committee (CLRFC).
China's central bank is
conducting research to
issue the country's own sovereign digital
currency, a move in parallel with similar efforts ongoing in Russia, even as the government has doubled down on banning the use and exchange of bitcoin and other cryptocurrencies.
If you are finding that there have been several severe technical
issues surrounding a digital
currency when
conducting your research, that could be a sign that the developer team is not up to the challenge and you should probably avoid this particular cryptocurrency.
Monero (XMR) is an open - source cryptocurrency created in 2014 to specifically address the
issue of privacy while
conducting transactions using digital
currencies.
Each agency should take necessary measures, such as supplementing the code of
conduct for employees in charge of virtual
currency issues.