Sentences with phrase «currency provider»

The firm stated that, «the proposed legislative amendments do not seem to contemplate for the likely scenario that an individual can simply choose to exchange with a digital currency provider outside of Australia's national jurisdiction.»

«The lack of AML / CFT regulation of virtual currency providers worldwide greatly exacerbates virtual currency's illicit financing risks.

They also added that, «What is unclear is whether the legislative amendments capture a person who exchanges with a digital currency provider outside of Australia.

(You should compare these to the foreign currency exchange rates offered by other currency providers.)

Roughly 12 percent of Americans, or more than one in 10, have bought a virtual item at some point in the last 12 months, according to a new study by analyst firm Frank N. Magid Associates and commissioned by virtual currency provider PlaySpan.

Chinese digital currency provider HaoBTC has officially rebranded and renamed itself Bixin today in the midst of shutting down its exchange operations.

Australians who wish to purchase cryptocurrencies will have to first provide identity documents and open an account with the digital currency provider in question, a spokesperson for Minister for Law Enforcement and Cyber Security, Angus Taylor (below, right), says.

The report was buttressed by a statement by the Korean Financial Services Commission affirming they were promoting the transition to a real name deposit / withdrawal account service that permits only the account transfer of the trader who is identified as the user and the virtual currency provider of the same bank account.

The Complex Frauds and Cybercrime Unit also prosecuted some of the most cutting - edge financial fraud cases, in addition to sophisticated tax fraud, bank fraud, and cybercrime cases involving core members of the hacking groups LulzSec and Anonymous, drug trafficking website Silk Road, and digital currency providers.

In response to queries from iTWire, the spokesperson said that while bitcoin could now be purchased from newsagents — as reported — only those holding an account with a digital currency provider would be able to make a purchase.