Sentences with phrase «possible use of cryptocurrency»

Yet, Shanmugaratnam stated in his written response that the institution is aware of the possible use of cryptocurrency in illicit activities such as money laundering and is taking relevant measures to tackle the issue.
J.P. remains «very open minded» to possible uses of cryptocurrencies «if they are properly controlled and regulated,» according to Chief Financial Officer Marine Lake.

Not exact matches

Sources described as «close to» the agency apparently said that the move comes in response to concerns over money laundering and other possible illegal uses of the cryptocurrencies.
The bank official described state - issued cryptocurrency as another possible solution to this problem, opining that, «Central banks around the world are examining (the use of digital currencies) so we should as well.»
Now, in such a scenario where bank transfers and other platforms such as Paypal are becoming expensive, for such countries, large volumes of transfers can be made possible using cryptocurrencies.
Many first - time investors use «Google» to make the process of mining this cryptocurrency as easy as possible.
You would think it would be easy enough to create a new and interesting name in the cryptocurrency space but here is a case where one cryptocurrency entrepreneur is being challenged by an established business for a possible misconceived use of an established business name....
«Following consultation with cryptocurrency experts, I sold BTC and BCC, not by an ordinary sale through the BTC / BCC exchange, but in a manner that would avoid affecting the market price, while ensuring the security of the transaction to the [greatest] extent possible,» Kobayashi said, using the alternate ticker symbol BCC for bitcoin cash, which is more normally assigned the symbol BCH.
The broker then uses this real share as the basis for creating a crypto asset which can be bought by clients of the broker via NEM's blockchain ledger system and its XEM cryptocurrency (one of the top ten cryptocurrencies — in future, it will be possible to use other cryptocurrencies and the exchange will also allow trading between cryptocurrencies).
While it is possible to deposit fiat money by wire transfer, credit card and other payment options, users are also free to just use cryptocurrencies for deposits and withdrawals which enables a complete anonymous use of the broker platform.
The fact is, it's only possible to have access to the full market if you use cryptocurrency exchanges, and on top of that, cryptocurrency exchanges offer by far the best spreads.
«Monero wants to enable people to own and spend their wealth as privately as possible, and so the addition of more fiat gateways, like Kraken, will help users to get on board and use a cryptocurrency that does its utmost to defend their privacy.
The emission of «surrogate money», of software that can be used for its emission, or the provision of information that makes the emission or use of cryptocurrencies possible, will entail a penalty.
News.Bitcoin.com reported in June on Australian left opposition leader Bill Shorten who indicated that he wants to deter the use of cryptocurrencies including bitcoin, citing their possible use by terrorists.
BitSpark makes this possible by using bitcoin and other cryptocurrencies as the method of payment without the need for expensive banks, especially when dealing in more exotic currency such as NGN.
Over the past a few years, Russia has taken a U-turn on its attitude towards cryptocurrency, moving from a possible ban to robust discussion and the exploration of use cases that could be adopted by government agencies.
As CoinFox repоrted yesterday, Vladimir Putin told the participants of Klyazma Youth Forum that it is possible to use cryptocurrencies «in certain segments of economy» though they «have no real basis».
yesterday, Vladimir Putin told the participants of Klyazma Youth Forum that it is possible to use cryptocurrencies «in certain segments of economy» though they «have no real basis».
While different countries have previously rejected the use of cryptocurrency, some are beginning to see its possible value and the growing demand for a digital currency.
Only time will uncover the myriad of use cases possible from bitcoin, blockchain and cryptocurrency technology and usage.
Using the ad space, Petereffy directs an open letter to the chairman of the Commodity Futures Trading Commission (CFTC) Christopher Giancarlo, wherein which he expresses the possible dangers that could come from clearing cryptocurrencies and traditional stock in the same exchange house.
Just like other cryptocurrencies they run on decentralised blockchains and use anonymised wallets, yet the companies behind them use a variety of systems, market algorithms and trading incentives in order to keep their values as close as possible to one US dollar.
«In sum, Defendants capitalized on the recent enthusiasm for blockchain technology and cryptocurrencies to raise funds through the ICO, illegally sold unqualified and unregistered securities, used a Swiss - based entity in an unsuccessful attempt to evade U.S. securities laws, and are now admittedly engaged in the conversion, selling, and possible dissipation of the proceeds that they collected from the Class through their unregistered offering.»
When announcing the new offering last month, Robinhood said the move was aimed to bring cryptocurrencies to a wider audience of investors, using a platform which «democratizes» trading by expanding the pool of possible investors through its mobile and web - based apps.
The cryptocurrency Bitcoin is the first use case of the blockchain, but much more seems to be possible.
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