Sentences with phrase «for criminal purposes»

The government agency regulating country's financial market claims that such crypto coins are too easy to use for criminal purposes as they are more difficult to track than block chain - based bitcoin.

This leads to a lack of transparency and the potential misuse of cryptocurrencies for criminal purposes.

The profound lack of transparency, maturity and regulatory control has made cryptocurrencies a target for criminal purposes.

An obvious manifestation of security issues is the possibility, and increasingly the reality, of computer abuse for criminal purposes.

Possible issues include intellectual property, product liability, and use for criminal purposes.

The European Parliament in May approved a proposal for a task force to investigate the role of some cryptocurrencies like bitcoin as there is a vast usage that is well known with the anonymity of some cryptocurrencies which enables their misuse for criminal purposes.

Unlike Okudzeto Ablakwa who conveys the impression in his articles that constitutionalism, democracy and the rule of law mandate that I should have protected the crimes and graft I exposed simply because of membership of a political party, I take the right and correct view that the constitution enjoins every citizen to uphold and defend it by exposing any activity of any person or group of persons who abuse Article 55 on political parties for criminal purposes.

NCA regional head of investigations Brendan Foreman said: «This was a sophisticated plot and at the centre of it was a man who used his privileged access to Heathrow and insider knowledge of the airport's systems for criminal purposes.

Throwing light on the $ 31 million fraud, the Commissioner for Commerce and Industry, Hon. Abdul Oroh, said: «The $ 31 million, which was stolen from the people of Edo State for the transaction, which was designed clearly for criminal purposes.

to protest Police action of frustrating their daily attempt to gain incursion into the Camp for criminal purposes, especially when the State Emergency Management Agency (SEMA) carries out the distribution of relief materials.

This is typically done for criminal purposes.

Do you think all those lowlifes that breed dogs to fight, that are in gangs, and use dogs for criminal purposes are going out of their way to provide good medical care for their dogs?

Government interest in debarking rises from the belief that the surgical technique has been employed for criminal purposes to silence attack dogs so they will not bark and warn their intended victims.

It was an «abuse of modern technology for criminal purposes» and so a deterrent sentence of four years remained appropriate.

Judges should be given powers to use their discretion when tackling the illegality defence where property ownership is concealed for criminal purposes.

The regulations will extend supervision to all businesses in the regulated sector to secure greater compliance with anti-money laundering controls and introduce strict tests to ensure money services business, and firms that help set up and manage trusts and companies, are not run for criminal purposes.

Drones are also used for criminal purposes such as drug smuggling and delivering contraband to prisoners.

While Dubai hopes to become the first Blockchain - government by 2020, both Dubai and the United Arab Emirates (UAE) did release regulatory warnings in the fall of last year about the risks associated with cryptocurrencies and Initial Coin Offerings (ICO), due to the potential use of crypto for criminal purposes, given its anonymous nature.

The minister also highlights «concerns about the use of cryptocurrency for criminal purposes, such as fraud and laundering.»

Thirdly, and most importantly, the lack of transparency and regulatory control have made cryptocurrencies a target for criminal purposes and we know that they on several occasions have been involved in criminal transactions like money laundering or extortion.

«The overwhelming majority of all firearms used for criminal purposes, some 80 percent, are acquired through private party transactions,» said Alvaro Castillo - Carniglia, lead author of the study and a VPRP postdoctoral research fellow.

There is financial concerns for the clerks as well as the legal owners of weapons the only one who does not have a financial concern is the thief who stole the weapons, bought them illegally out of state and are using them for criminal purposes.

Amid global concerns that cryptocurrencies may be used for criminal purposes and money laundering, the G20 summit has highlighted for a discussion to be held on these viewpoints.