Sentences with phrase «prevent pyramid schemes»

The government claims that it has implemented these policies to prevent pyramid schemes, money laundering, and other fraudulent activities associated with the cryptocurrency industry.

Officials have reportedly suggested that banks should suspend service to clients found to have engaged in cryptocurrency trading under the pretense of preventing pyramid schemes, money laundering, and other fraudulent activities the government has attributed to cryptoassets.

Not exact matches

The report said the effort comes as part of the Chinese government's efforts to prevent potential money laundering, pyramid schemes and investment fraud from platforms accessible to Chinese investors.

The report said the effort comes as part of the Chinese government's efforts to prevent potential money laundering, pyramid schemes and investment fraud from platforms accessible to Chinese investors.

An informant details that China's Public Information Network Security Supervision task - force is closely watching both domestic and foreign trading platforms involved with cryptocurrencies to prevent fraud, pyramid schemes, and money laundering.