Sentences with phrase «currency electronic wallets»

The exchanges must also «establish and implement internal management plans,» including those «related to the management of virtual currency electronic wallets and cryptographic keys and the transmission of virtual currency transactions,» the KCC detailed.

The KCC is giving the violators 30 days to become compliant, and it pledged to officially offer guidance on «internal management plans, including safe management plans, related to the management of virtual currency electronic wallets and cryptographic keys and the transmission of virtual currency transactions.»

Not exact matches

«The national currency can exist in electronic form, not just in paper as we now have it in our wallet.

A bitcoin wallet is your own electronic account that allows you to send and receive money, to make purchases on the Internet and in brick - and - mortar stores, to exchange bitcoin for other currencies.

It had also branded the virtual currencies as a risky investment medium given the fact that, «They are stored in digital / electronic media that are called electronic wallets» and investors are «prone to losses arising out of hacking, loss of password, compromise of access credentials, malware attacks, etc..»