Sentences with phrase «terrorist funding»

It added that it currently was evaluating how it should regulate activities involving digital tokens, which did not function solely as virtual currencies, against money laundering and terrorist funding risks.

In an effort to track terrorist funding and keep all personal banking on a short leash.

The matter involved a long - standing dispute between the parties over payment of $ 9.1 million, which included two Saudi Arabian Princes and allegations of terrorist funding.

Consequently, our military is forced to operate in hostile territory, and our troops are attacked by terrorists funded by U. S. oil dollars, while rogue regimes profit off of our dependence.

The man who helped invent the financial embargoes that cut off terrorist funding after 9/11 is concerned that cryptocurrencies could be used to undermine his creations.

After stating it won't restrict transactions involving the digital currency, Monetary Authority of Singapore now says operators of virtual currencies including Bitcoin ATMs must abide by new rules to address risks associated with terrorist funding and money laundering.

For the longest time, media outlets and governments have pointed the finger of blame at Bitcoin for its alleged role in terrorist funding.

These procedures are followed to make sure that the money being transacted here is not used for crimes such as terrorist fundings, extortion and money laundering.

A review of the charities sector would report at the end of the year to assess how to prevent their being used to channel terrorist funding, he said, noting that an investigation was launched into the charity Crescent Relief and its assets frozen this summer.

It seems like they drew up a 10 point plan and lesson of the day with the first episode being how the cell works, the next one being how terrorists fund their operations, then the moral dillema within Islam to be a terrorist or now, and so on.

After the November 13 terrorist attacks which left 129 dead in Paris, the European Union has made a call for proposals that will curb terrorist funding through nontraditional monetary systems — including the virtual currency bitcoin.

Singapore has backtracked on its previous stance not to impose restrictions on Bitcoin transactions, deciding to now regulate the crytocurrency in a bid to safeguard against terrorist funding and money laundering.

The man who helped invent the financial embargoes that cut off terrorist funding after 9/11 is concerned that cryptocurrencies could be used to...

Whether or not this act can be enforced when dealing with the alleged creator of Bitcoin — which has often been associated with terrorist funding — remains to be seen, though.

The regulator pointed to its previous statement in March 2014 when it said intermediaries in virtual currencies would be regulated against money laundering and terrorist funding risks.

«The government's ability to find money laundering and tax evasion and terrorist funding is a good thing.

Felony components usurp the neighborhood of belief inside the Bitcoin blockchain and interact in nefarious actions, tax evasion, and terrorist funding, et al..

Legal components usurp the group of belief throughout the Bitcoin blockchain and have interaction in nefarious actions, tax evasion, and terrorist funding, et al..

Criminal elements usurp the community of trust within the Bitcoin blockchain and engage in nefarious activities, tax evasion, and terrorist funding, et al..

In the post, Gates said the main feature of cryptocurrencies is «their anonymity» — which is not good, he said, because the government needs to track money laundering, tax evasion and terrorist funding.

In the Reddit AMA, Gates commented «The government's ability to find money laundering and tax evasion and terrorist funding is a good thing,» he wrote.

Could they possibly be suspect for money laundering or terrorist funding?

Specific accounts at the RDFI might be limited for a variety of reasons, including freezing the account for suspicious activity (money laundering or terrorist funding), court order for impending legal proceedings, IRS levies for nonpayment of taxes, or perhaps child support delinquency.

The entire RDFI institution might be restricted for an extremely poor audit, or rampant suspect money laundering or terrorist funding.

The picture now is one of money laundering being driven by sophisticated gangs of organised criminals and terrorist funders, using rapidly changing technology to transfer huge sums of money around the world.

The South Korean government maintains that the new system will go a long way in obliterating the nefarious activities associated with cryptocurrencies, such as money laundering and terrorist funding.

Should the government decide that cryptocurrencies are only used only for criminal or terrorist funding (which couldn't be farther from the truth), the politicians and bankers will have gained the ability to declare cryptocurrencies illegal and push them into the underground.

Responding to a question about cryptocurrencies, the world's second - richest man said the ability of governments to track money laundering or terrorist funds «is a good thing.»

He then went on to add that, «the government's ability to find money laundering and tax evasion and terrorist funding is a good thing.»

Monetary Authority of Singapore (MAS) last month said it would introduce legislations related to virtual currency transactions including Bitcoin, in a bid to safeguard against associated risks, specifically, terrorist funding and money laundering.

Regulatory oversight has only increased in recent times with KYC / AML requirements increasing in an effort to combat illicit usage and terrorist funding, as well as involvement in other illegal activities.

When one of the users pointed out that fiat currencies can also be used for illegal activities such as money laundering, tax evasion, terrorist funding, and drug purchases, Gates said that the necessity of a physical presence makes illicit activities and transfers more difficult:

«Digital currencies and crowdfunding have the potential to support criminal, anti-social activities like money laundering, terrorist funding and tax evasion.

The Government's ability to find money laundering and tax evasion and terrorist funding is a good thing.