Sentences with phrase «curb illicit activities»
Bitcoin and other cryptocurrencies remain outlawed in Russia as a payment method, but draft legislation was introduced late last month that would legalize and regulate virtual currencies to curb illicit activity.
http://bitcoinist.com/ Not exact matches
A large part of the decision to tax Bitcoin miners was to curb money laundering and other illicit financial activities that could be perpetrated under the guise of mining operations.
The law was also proposed in order to curb or stop illicit and illegal activities that might be contacted with cryptocurrencies.