Sentences with phrase «in cryptocurrency transactions»

The desk handles more than $ 2 billion a month in cryptocurrency transactions with a minimum deal size of $ 250,000.

It never threatened to close the bank accounts of customers engaging in cryptocurrency transactions.

This may come as a surprise to some, as just this week a patent filing surfaced in which the company looked to be interested in bringing in cryptocurrency transactions sooner rather than later.

Due to the use of blockchain encryption technology in cryptocurrency transactions, a certain amount of self - regulation is already in place.

The move follows the South Korean government's recent decision to require real name usage in all cryptocurrency transactions.

The massive increase in cryptocurrency transactions forced tax authorities to expand their tax range to crypto markets.

Thailand's central bank said on Monday it had asked financial institutions not to get involved in cryptocurrency transactions for fear of possible problems from the unregulated trading.

Similar to how blockchain provides transparency in cryptocurrency transactions by storing data in a public record, Agora hopes to provide transparency in elections.

The FSC also banned the use of anonymous bank accounts in cryptocurrency transactions by banks and crypto - exchanges to strengthen AML / KYC compliance, parallel to G - 20's cryptocurrency AML / KYC policy.

Sarah Tavel, the Benchmark general partner who led the deal, noted the importance of compliance outfits like Chainalysis, saying, «All these regulated institutions want to participate [in cryptocurrency transactions], but they need to understand with whom they are transacting and where their funds are originating.»

«All these regulated institutions want to participate [in cryptocurrency transactions], but they need to understand with whom they are transacting and where their funds are originating.

Other Asian countries have since followed suit, with South Korea reportedly set to ban the use of anonymous accounts in cryptocurrency transactions as soon as this month.

But today, Srinivasan said, there are competitors in the cryptocurrency transaction market that would be better suited as payment systems.

As of last week, the local banks are banned from partaking in cryptocurrency transactions.

In a recently approved patent that Amazon first filed in 2014, the company created a method for removing the anonymity inherent in cryptocurrency transactions and -LSB-...]

North Korea is reported to have raked in more than $ 200 million in cryptocurrency transactions last year, sidestepping sanctions on its nuclear and missiles programme, according to an intelligence agent.

Whether you are Alice or Bob, or anyone else valuing privacy in cryptocurrency transactions, Spectrecoin is worth your serious consideration.

What Triggers Taxes in Cryptocurrency Transactions?

There are talks of bringing in regulation and transparency in cryptocurrency transactions in South Korea.

«Under the bill that aims to revise the Electronic Financial Transactions Act, traders, brokers, or other business entities involved in cryptocurrency transactions would be required to get regulatory approval from the Financial Services Commission.

«In this environment, the situation is ripe for the public to question the personal ethics of employees engaging in cryptocurrency transactions,» Bloomberg quotes Davis as writing.

Circle Trade, the company's trading platform, processes more than $ 2 billion per month in cryptocurrency transactions with a minimum deal size of $ 250,000.

Similar to how blockchain provides transparency in cryptocurrency transactions by storing data in a public record, Agora hopes to provide transparency in elections.

«All these regulated institutions want to participate [in cryptocurrency transactions], but they need to understand with whom they are transacting and where their funds are originating.

Amazon has been awarded a patent for a «streaming data marketplace,» where information, including the identities of parties involved in cryptocurrency transactions, may one day be sold.

Under the bill that aims to revise the Electronic Financial Transactions Act, traders, brokers, or other business entities involved in cryptocurrency transactions would be required to get regulatory approval from the Financial Services Commission.

Bank of Montreal (TSX: BMO), the major Canadian multinational banking corporation operating as BMO Financial Group, has reportedly implemented a ban on its clients participating in cryptocurrency transactions.

The report, The Future of Blockchain: Key Vertical Opportunities & Deployment Strategies 2017 - 2022, states that the first half of 2017 brought in more than $ 325bn in cryptocurrency transactions, two - thirds of which were attributed to the dramatic increase in the price of Ethereum.

In cryptocurrency transaction, there is no involvement of any third party of the government body.

Litecoin price fluctuations are no longer a concern when LitePay is used, which tackles the biggest concern many companies have when considering getting involved in cryptocurrency transactions.