Sentences with phrase «internet financial regulator»

Not exact matches

While many in the financial industry predict it's just a matter of time until regulators subject cryptocurrencies to stiffer regulation, proponents argue that over-regulation would be akin to impeding the rise of the internet.

The Australian Securities and Investments Commission (ASIC), the country's financial regulator, provides license to those aiming at creating internet platforms for providing financial services (which once could have been done by banks) and for ICO lunching.

It is trumpeting having gained an E-Money Issuer license from the UK's FCA, which also extends to operating in a third fiat currency (Euros), claiming it's the first time the financial regulator has issued such a license to a consumer Internet firm for cross-border payments with blockchain technology.

But even if a deal involving Alibaba, DST and Silver Lake makes financial sense for Yahoo — the company fired its CEO last month and says it is exploring strategic options for the business — it could get scuppered by regulators unhappy with the idea of foreign ownership of a major internet company.

Regulation Responding to media reports that South Korean internet giant Kakao plans to raise funds using an initial coin offering (ICO) abroad, the country's financial regulator reportedly warned that the ICO could violate current...

Moreover, many of the financial laws already enacted by Washington are old, outdated, and entirely insufficient to apply to the Internet, let alone cryptocurrency — but that hasn't stopped regulators from tacking Bitcoin and brethren on to them.

The regulator has granted six Bitlicenses so far, including to Bitflyer USA, Coinbase Inc., XRP II and Circle Internet Financial, and charters to Gemini Trust Company and itBit Trust Company.

And yet, bitcoin advocates including Jeremy Allaire, founder of merchant payment services firm Circle Internet Financial, are gathered in a room in Washington, DC, to try and help regulators understand it.

According to online leaked documents, the Chinese government is seeking an «orderly exit» from bitcoin mining operations in the coming months with the Leading Group of Internet Financial Risks Remediation, which happens to be the country's top internet - finance regulator, issuing a notice asking local governments to force mining operations out of business by resorting to measures such taxation, electricity pricing, property law and environmental reguInternet Financial Risks Remediation, which happens to be the country's top internet - finance regulator, issuing a notice asking local governments to force mining operations out of business by resorting to measures such taxation, electricity pricing, property law and environmental reguinternet - finance regulator, issuing a notice asking local governments to force mining operations out of business by resorting to measures such taxation, electricity pricing, property law and environmental regulations.