Sentences with phrase «cryptocurrencies under its purview»

CME Group sent the Bitcoin price skyrocketing last week following their announcement of launching Bitcoin futures by the fourth quarter of the current fiscal which can be a stepping stone of bringing this volatile cryptocurrency under the purview of legalisation.

This new improvement will be in addition to the existing regulation on foreign exchange to bring cryptocurrencies under its purview.

Not exact matches

Last month, Russia said it would move to regulate cryptocurrency by bringing mining and exchange under the purview of the central government.

It has even announced to come ahead with a regulatory framework for Cryptocurrencies which will take up Bitcoin brokerages and exchanges under its purview.

Mr. Shanmugaratnam's comments comprise an apparent change in the position of the MAS with regards to the cryptocurrencies, as the MAS chairman has previously stated that the MAS will not seek to regulate virtual currencies, except for when the activities relating to cryptocurrencies directly fall under the juridical purview of the MAS.

Come December, the legislation passed, putting Australian bitcoin and cryptocurrency exchanges under the purview of the Australian Transactions and Reporting Analysis Centre (AUSTRAC), the country's financial intelligence body and watchdog.

A person close to the CSRC said cryptocurrency exchanges fall under the purview of the central bank, which declined to answer questions.

Under the country's reformed (and strengthened) money laundering laws, exchange platforms facilitating the trading of cryptocurrencies like bitcoin will be regulated under the purview of AUSTRAC, the country's financial intelligence agUnder the country's reformed (and strengthened) money laundering laws, exchange platforms facilitating the trading of cryptocurrencies like bitcoin will be regulated under the purview of AUSTRAC, the country's financial intelligence agunder the purview of AUSTRAC, the country's financial intelligence agency.

The injunction holds that cryptocurrencies fall under the regulatory purview of the Commodity Exchange Act, a 1936 law that provides the framework for the trading of commodities and futures.