Sentences with phrase «requirements on currency conversions»
Home prices across Greater Vancouver, in British Columbia, are set to depreciate by 8.5 % year - over-year in 2017, dragged down by the recent Land Transfer Tax on Foreign Nationals and China's State Administration of Foreign Exchange imposing new, stricter requirements on currency conversions.
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There are many use cases for the technology, but the initial focus is on connecting digital wallets around the world while ensuring that full KYC / AML and compliance requirements can be met, and presenting a seamless experience that reflects local currency exchange rates and conversion rule contracts.