Sentences with phrase «illegal means of payment»
Four days have passed since the State Bank of Vietnam had announced that cryptocurrencies are illegal means of payment in the country.
http://dailybitcoinnews.com/
«From January 1, 2018, the act of issuing, supplying or using illegal means of payment may be subject to prosecution in accordance with the provisions of Article 206 of the Penal Code 2015,» according to the bank's announcement.
Furthermore, starting from 1 January 2018, issuing, trading and using illegal means of payment, including bitcoin and other cryptocurrencies, may be subject to prosecution, as amended to the penal code of Vietnam in 2017.
The «illegal means of payment» comes with heavy penalties for any parties involved in paying for products or services through Bitcoin — following the hard - line taken by China, which considers cryptocurrency Initial Coin Offerings (ICOs) a «disruption to financial order.»
Not exact matches
[6][7] Illegal means of gaining information used included hacking the private voicemail accounts on mobile phones, hacking into computers, making false statements to officials, entrapment, blackmail, burglaries, theft of mobile phones and making payments to public officials.
No refund is possible under any circumstances, except for illegal use of a means of payment.
«Virtual currency is currently unable to function as a means of payment and it is being used for illegal purposes like money laundering, scams and fraudulent investor operations.