Sentences with phrase «prevent illicit»

According to one of the Japanese officials quoted by Reuters, «the trick will be to apply regulations to protect consumers and prevent illicit activity, without stifling innovation in the fast - growing cryptocurrency and fintech sectors».
Last, the study notes the need to prevent the illicit use of bitcoin and other cryptocurrencies to get around economic sanctions imposed by the United States or other nations.
Would that help prevent illicit use of the signals — and I don't mean just the use without permission, but the use in actual unlawful communications activity such as mentioned above?
Of the Buenos Aires meetings, Mr Green concludes: «The G20 summit is a golden opportunity to move in the direction of a global set of regulations to protect consumers and prevent illicit activity.»
Though experts have been attempting to work with often powerless local authorities to prevent widescale looting, multiple factors have made it increasingly difficult to prevent illicit trade.
A long - troubled technology initiative to prevent illicit nuclear materials from being smuggled into the United States appears to be in danger, if the Administration's 2010 budget is any indication.
As authorities around the globe grapple with the threat of terrorism, Cuomo is preparing to impose new regulations on New York State banks to prevent illicit money from flowing through Wall Street and into the hands of militants and criminals.
Our prison staff fight a constant battle to prevent illicit items, such as drugs, extremist materials, mobile phones, Sim cards and pornography getting into our prisons.
A spokesperson for PayPal told Bloomberg that the company is «intensely focused on combatting and preventing the illicit use of our services» and working with law enforcement to stop illegal activity.
«PayPal is intensely focused on combatting and preventing the illicit use of our services,» the company said in a statement to Fortune.
Burning the drugs prevents the medications from entering landfills, being disposed of by flushing the pills down the toilet, prevents illicit and illegal use as well as reduces the risk of accidental poisoning of our children and elderly.

Not exact matches

In closing, Bair calls on the government and Congress, in particular, to provide additional oversight to prevent fraud, money laundering and the use of cryptocurrencies for illicit activities.
Ironically enough, the issue of «nuclear security» should be viewed as a consequence of the failure of the existing nuclear regime, proven to be incapable of controlling either the illicit transfer of nuclear technology or preventing the military use of nuclear material intended for peaceful purposes.
In simple terms, «nuclear security» is an effort to prevent the use of an atomic bomb by terrorists or illicit actors and provide security against nuclear terrorism.
In the case of opiatemaking yeast, such rules might forbid developing strains to produce illicit drugs, such as heroin, and require scientists to build in genes that prevent the microbes from living outside of a controlled laboratory environment.
So it could be said that illicit encounters and marital affairs may actually prevent divorces and are far cheaper than marriage counseling.
The changes are part of a bigger trend in the credit card industry to curtail and discourage illicit spending towards rewards: Chase instituted a rule preventing individuals from getting new cards after receiving five credit cards in a rolling 24 - month period, while Bank of America has also made it difficult to get new cards by limiting how many applications new cardholders can have during a set amount of time.
The first priority is for Europe to lead on multilateral action to prevent predatory and illicit timber extraction in Burma.
The Federal Finance Minister, Bill Morneau, stated that tax rates on marijuana should be kept low to prevent marijuana users from potentially seeking out cheaper, illicit sources for pot.
Some VPNs keep logs to prevent abuse of their service and put a stop on illicit activities, while other VPN providers do not keep logs at all.
We play a full part in preventing the «laundering» of illicit money, through this firm, as required by the Money Laundering Regulations 2007 (as amended).
Facebook CEO Mark Zuckerberg this afternoon addressed the ongoing Cambridge Analytica situation, in which Cambridge Analytica used personal data acquired from Facebook in an illicit manner by a third - party app to create targeted political advertisements during the 2016 election.Zuckerberg outlined a multi-step response that Facebook plans to take to prevent this situation from recurring, and one feature Facebook will add is a new tool at the top of the News Feed which will let people see which apps they've used.Any app used on the Facebook platform has access to a user's personal data, so the Facebook tool will let people see which apps have their info and it will offer up an easy way to revoke permissions.This tool is already available through Facebook's privacy settings,
«The company lacked basic controls to prevent the use of its services for illicit purposes,» the undersecretary said.
However, there are fears that this may have to be compromised in the case of a CBCC as central banks may want to verify the identity of transacting parties to prevent or spot any economic involvement in illicit activities.
«We acted quickly to prevent more than $ 27 million in alleged illicit trading profits from being transferred out of the country,» Robert Cohen, the SEC Enforcement Division's cyber unit chief, said in regards to the freeze.
She further argued that to prevent bad actors from using cryptocurrencies for illicit purposes, exchanges should be regulated.
The creation of this setting prevents hackers from cryptojacking a user's computer for illicit cryptocurrency mining.
[19] Vermeulen - Smit, E., Vendurmen, J. E. E., and Engels, R. C. M. E. «The effectiveness of family interventions in preventing adolescent illicit drug use: A systematic review and meta - analysis of randomized controlled trials.»
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