Sentences with phrase «on illegitimate activity»

While his comments focused on illegitimate activity, reports suggesting the statement signaled a broader cryptocurrency ban indicate a need for further clarification from Jaitley.

While this was a misrepresentation of the actual comments (which only mentioned a crackdown on illegitimate activities), this story ended the last hope of a smooth recovery for the bitcoin price.

Not exact matches

We believe that this will go a long way in preventing the illegitimate shutting down of debate and activities on campus which has affected many universities in recent years, including several Humanist Students societies.

The Indian finance minister, Arun Jaitley's budget speech on February 1st, stating that «the government does not recognize cryptocurrency as legal tender or coin and will take all measures to eliminate the use of these crypto - assets in financing illegitimate activities or as part of the payments system,» added to the existing FUD (Fear, Uncertainty, and Doubt) in the market for cryptocurrencies, sending major crypto - assets down to bargain levels.

The decision to propose traceable activity within India's domestic exchanges follows a statement from the country's Finance Minister from earlier this month, in which he said that cryptocurrencies aren't legal tender there (to be clear, no currency except the Indian Rupee is a legal tender in the country), and that there will be a crackdown on the use of virtual currencies in financing illegitimate activities.

«The government does not recognize cryptocurrency as legal tender or coin and will take all measures to eliminate the use of these cryptoassets in financing illegitimate activities or as part of the payments system,» India's finance minister Arun Jaitley said during a budget speech on Thursday.

«The government has said that they want to eliminate use of crypto assets in illegitimate financial activities and we align with the government on their point of view.