Sentences with phrase «money laundering concerns»
Would the government classify our clients - bitcoin businesses - as entities of primary money laundering concern?
coindesk.com
However, the GAO noted, there are potential advantages to having state regulators oversee money laundering concerns and similar matters.
Exchanges are scrutinized for money laundering concerns first and foremost.
Designated Terrorist List, Debarred Parties, Designated Terrorist Organization, Non-Proliferation Sanctions (various) Debarred Persons, Entity List, Red Flag Concerns Specially Designated National Excluded Parties List FINCEN Money Laundering Concerns
FinCEN's recent advisory urges real estate professionals to voluntarily help combat, and report, money laundering concerns in the real estate market.
The United States on Wednesday declared North Korea a «primary money laundering concern,» and moved to further block its ability to use the U.S. and world financial systems to fund its weapons programs.
Lael Brainard, a governor at the U.S. Federal Reserve, has said bitcoin and its peers raise investor protection and money laundering concerns.
Although bank wire transfer is allowed, it is best to avoid using it because of the money laundering concerns associated with it and its subsequent high fees.
When political leaders assert that cryptocurrency must be regulated due to money laundering concerns, what they really mean is «We're largely powerless to prevent fiat currency laundering so we're going to focus our efforts on cryptocurrency instead».
This cuts to the core of government's power and prerogative of issuance, making bitcoin primarily a central bank concern - not a money laundering concern.
Lael Brainard, a governor at the U.S. Federal Reserve, has said bitcoin and its peers raise investor protection and money laundering concerns.
In regards to money laundering concerns, previous reports have indicated that reported cryptocurrency - related money laundering cases in Japan number only 669 out of 400,043 — which means cryptocurrency cases reported in 2017 only account for less than 0.17 percent of all suspected money - laundering cases in the country.