Sentences with phrase «currency activities under»

Not exact matches

(New throughout, updates prices, market activity and comments; adds second byline and NEW YORK) NEW YORK / LONDON, May 2 (Reuters)- Gold prices hovered near four - month lows on Wednesday as the dollar advanced, and were expected to remain under pressure from a significantly stronger U.S. currency and weak investment demand.

On January 4, 2016, Chino's application was returned without further proceeding because the DFS said it was «unable to evaluate whether [Chino's] current or planned business activity would be considered Virtual Currency Business Activity that requires licensing under the Regulationactivity would be considered Virtual Currency Business Activity that requires licensing under the RegulationActivity that requires licensing under the Regulation.»

According to the report, because cryptocurrency exchanges and wallet providers are under no obligation to identify suspicious activity, terrorist groups are able to transfer money into the EU's financial system, taking full advantage of the degree of anonymity provided by virtual currency platforms.

Or, almost no one: «The license is not required for merchants or consumers that utilize Virtual Currency solely for the purchase or sale of goods or services; or those firms chartered under the New York Banking Law to conduct exchange services and are approved by DFS to engage in Virtual Currency business activity.»

Historically, after a country experienced a financial crisis, growing foreign demand and currency depreciation have often led to a sharp improvement in the trade account that has put a floor under economic activity.

According to LeapRate, in its response to the House of Commons Treasury Select Committee inquiry into digital currencies, CryptoUK has set out new plans for the HM Treasury to make cryptocurrency investment a regulated activity under the Financial Conduct Authority (FCA).

(1) Persons that are chartered under the New York Banking Law and are approved by the superintendent to engage in Virtual Currency Business Activity

After appreciating their business, the receiver of Cryptocurrency Warning was scolded: «While reviewing your account, we noticed that your activity involves the trading or transfer of crypto currency which is prohibited under our Acceptable Use Policy.

This week Paypal users reported receiving an official - looking email from Paypal, warning users about «activity [involving] the trading or transfer of crypto currency [sic] which is prohibited under our Acceptable Use Policy,» asking the receiver to «cease any activity that results in the trading or transfer of crypto currency.»

Financial institutions, technology companies, and asset managers on the regulation of digital currency and blockchain activities under securities, derivatives, and other U.S. regulatory requirements

The SEC teamed up with CFTC to issue a joint statement on Friday, saying: «When market participants engage in fraud under the guise of offering digital instruments — whether characterized as virtual currencies, coins, tokens, or the like — the SEC and the CFTC will look beyond form, examine the substance of the activity and prosecute violations of the federal securities and commodities laws.»

«When market participants engage in fraud under the guise of offering digital instruments — whether characterized as virtual currencies, coins, tokens, or the like — the SEC and the CFTC will look beyond form, examine the substance of the activity and prosecute violations of the federal securities and commodities laws,» it said.

The Bank of Ghana says activities in digital currency are currently not licensed under the Payments System Act 2003 (Act 662).

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.

As a result, people who believe that the IRS will never be able to track their virtual currency activity are living under a false sense of security.

Under the regulations, individuals who convert their virtual currencies into fiat currencies will be considered as reporting institutions and will be subjected to Malaysia's Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act of 2001.

According to Maeil Business, the Ministry of Personnel Management issued a document entitled «Virtual currency holdings and transaction - related information for civil servants» stating that officials who are found to be involved in cryptocurrency trading are «in violation of the prohibition of forbearance obligations under the civil servants» law» and are subject to disciplinary actions, especially if the banned activities occur during work hours.

Featured This week Paypal users reported receiving an official - looking email from Paypal, warning users about «activity [involving] the trading or transfer of crypto currency [sic] which is prohibited under our Acceptable Use Policy,» asking...

«Issuers of ICOs should be mindful that the launching of an ICO, the offering of digital tokens in exchange for digital currency or any form of payment and incidental activities thereof, may trigger regulatory requirements under securities laws.