Sentences with phrase «regards to its money laundering»

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.

Not exact matches

There are many opinions that arise regard cryptocurrencies, while a group of people consider that they are just a bubble, or a way for criminals to launder their money, that is simply a bet that has no value or guarantee whatsoever, there is another group of people who see cryptocurrencies in another way and they are convinced that these are the solution to many of the problems that exist today.

There are many opinions that arise regard cryptocurrencies, while a group of people consider that they are just a bubble, or a way for criminals to launder their money, that is simply a bet...

On 5 December 2013, the People's Bank of China announced in a press release regarding bitcoin regulation that whilst individuals in China are permitted to freely trade and exchange bitcoins as a commodity, it is prohibited for Chinese financial banks to operate using bitcoins or for bitcoins to be used as legal tender currency, and that entities dealing with bitcoins must track and report suspicious activity to prevent money laundering.

The lawyers say they want a hearing to look into government officials» leaks to the media regarding Manafort, a longtime political consultant who has been indicted on money laundering and bank fraud charges.

Evidence of this is seen in how xCFD comply with the guidelines set by the Joint Money Laundering Steering Group of New Zealand with regards to anti money laundering protoMoney Laundering Steering Group of New Zealand with regards to anti money laundering Laundering Steering Group of New Zealand with regards to anti money laundering protomoney laundering laundering protocols.

And I know that regulators in each of the Law Societies are spending a great deal of time and effort trying to shape them into a form that is workable and also meets the needs of the Federal Government with regard to addressing money laundering.

This is regarded as a protective measure for exchange customers to minimise risks and prevent the use of these trading platforms for money laundering.

Last week, a Singapore Member of Parliament, Foo Mee Har, posed some questions to the Singapore Prime Minister regarding enforcement of anti-money laundering (AML) and counter-terrorism financing and Bitcoin utilization where «conventional oversight mechanisms of the real money market do not apply.»

The Bitcoin Foundation is looking to stop Congress from including Bitcoin and other cryptocurrencies in legislation regarding nefarious acts by terrorists organizations and money laundering.

The main reason behind the same is increasing fear of regulators regarding the fact that such digital tokens are used to launder money and facilitate financial crimes.

Saga holders must satisfy full KYC (Know Your Customer) qualification and AML (Anti Money Laundering) requirements under Swiss law, resolving, according to the non-profit, concerns about participant accountability, an issue that is generally raised regarding cryptographic currencies.

As part of the initiative, regulators are predicted to craft additional rules regarding AML and KYC to stifle any attempts at money - laundering.

According to a memo published last Friday of its latest meeting, the task force said it has taken on board the findings of a recent report regarding the risks of cryptocurrency money laundering and the regulatory measures being adopted in different countries.

The FSA has been conducting inspections of the country's exchanges, paying particular attention to their procedures regarding money laundering and customer protection.

In that regard, the British government also wants to restrict the use of cryptocurrencies for tax evasion and money laundering.

I believe that FINTRAC has a role to play regarding money laundering, but FINTRAC should not be assessing A.M.P.s against innocent Realtors.