The currency has turned evangelists and hackers into paper millionaires overnight, while others see it as a fad, doomed to fade as
countries add regulations onto what's currently a stateless, bankless Wild West of payment tools.
Not exact matches
Early in his presidency, he exaggerated that the
country had «picked up 45,000 mining jobs in a very short period of time,»
adding that he planned to do away with onerous
regulation surrounding the industry.
Furthermore, the pace of Environmental Protection Agency prosecution is accelerating — so much so that law firms across the
country are scrambling to
add environmental -
regulations specialists to their staffs.
The Canadian Electricity Association says in a statement that the new
regulations add another layer of red tape for the sector, something that's sure to affect rates across the
country.
«We expect
countries with young populations, supportive
regulations and fast mobile Internet speeds and planned migration to 5G to be best positioned,» says Graseck,
adding that banks serving urban populations may have more latitude to consolidate branches than those focused on rural populations.
An Uber spokesman confirmed to The Guardian that the company won't be able to operate inside the
country unless the new
regulations are changed,
adding that Uber «must take the consequences.»
I would
add that this paves way to de-
regulation of EMIR and much more hands on and aggressive self
regulation by activist regulators like AMF FCA and BaFIN, smaller
country regulators who are understaffed and less experienced will continue relying on the basic framework set out by MiFID.
The decision of the EAT in GMB and another v Holis Metal Industries Ltd [2007] UKEAT / 17/07, [2007] All ER (D) 304 (Dec) finally tested the issue, with the
added twist — given the EU provenance of the
Regulations — that the business in question (the making of curtain rails) was transferred from England to Israel, a non-EU
country (on the assumption that the Eurovision Song Contest does not count).
Insurance companies sometimes
add other features into their mortgage life insurance policies to reflect conditions in their
country's domestic insurance market and their domestic tax
regulations.
IdentityMind Global
added that its KYC plug - in includes a web - ready software client that directs the participant through the entire KYC process, a preconfigured risk - based KYC ruleset that meets the
regulations of
countries with detailed rules and a general KYC process for those where
regulation has not been specified.
Positive news of
regulation in major
countries like China, Japan and Russia have
added fuel to the current rally,» says Sandeep Goenka, co-founder of Zebpay.
Lee was recently quoted as saying, «
Regulation (for virtual currencies) is appropriate because it is regarded as a commodity, not at the level of legal currency,» during the government audit conducted by the
country's legislative body National Assembly.He also
added that, «It is not a situation for the Bank of Korea to take such an action at the present.»
He also
added that the introduction of any cryptocurrency
regulation in the
country will only promote digital currency trading, as investors will think that the watchdog already recognizes cryptocurrency as «actual» currency.
However, Arrington mentioned that the lack of clarity from the SEC on crypto - specific
regulations has led to originally US - based crypto projects moving outside of the
country, which is a «shame»,
adding:
But the pendulum, he
adds, is beginning to swing back, as
countries such as China wrestle with new
regulations designed to lessen pollution.
«Especially if construction - related
regulations are relaxed, all eyes will be on the homebuilding industry this year to see if they can finally start making up lost ground on the severe housing shortages impacting much of the
country,»
added Yun.