Sentences with phrase «illegal issuance»
The phrase "illegal issuance" refers to an act of issuing or creating something, like documents or securities, in a way that breaks the law or isn't allowed. It means that this action goes against rules and regulations. Full definition
The Risk Alert Notice referenced a September 2017 notice issued jointly by seven government ministries, which stated, in part, that «ICO activities are suspected of involving illegal criminal activities including illegal fund - raising, illegal issuance of securities, and illegal sale of notes and bonds» and «all institutions and individuals should immediately stop engaging in ICO activities.»
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«Overseas transactions and regulatory evasion have resumed... risks are still there, fueled by illegal issuance, and even fraud and pyramid selling.»
The report, «Failing governance — Avoiding responsibilities», claims that European biofuel policies have driven reckless oil palm expansion in Ketapang District, West Kalimantan, resulting in illegal issuance of development permits and land conflicts, thereby undermining governance structures.
The various risks and problems identified in the «Notice» still exist, including illegal issuance, unrealistic items, fraud and even pyramid selling, and it may be even more difficult for investors to recover the losses.»
Nevertheless, many people have turned to overseas platforms to allow them to continue participating in the virtual currency transactions, although there are still risks which are fuelled by illegal issuance and fraud selling.
Such offerings, in essence, are unauthorized and illegal public fundraising and are suspected of involving in criminal activities such as illegal selling of tokens, illegal issuance of securities, illegal fundraising, financial fraud and pyramid schemes... From the date of release of this Notice, fundraising through coin offering shall be banned immediately.
The group said they consider crypto token sales to be «an unauthorized and illegal public financing activity, which involves financial crimes such as the illegal distribution of financial tokens, the illegal issuance of securities and illegal fundraising, financial fraud and pyramid scheme.»
«ICOs and virtual currency trading did not completely withdraw from China following the official ban... Overseas transactions and regulatory evasion have resumed... [R] isks are still there, fuelled by illegal issuance, and even fraud and pyramid selling.»
Risks are still there, fueled by the illegal issuance, and even fraud and pyramid selling,» said an article published Sunday night by the People's Bank of China - affiliated Financial News.
«Overseas transactions and regulatory evasion have resumed... risks are still there, fuelled by illegal issuance, and even fraud and pyramid selling.»