Sentences with phrase «virtual currency exchange»

the firm had been approved to be a licensed «virtual currency exchange.»

This amendment will make virtual currency exchange platforms and wallets subject to the beneficial ownership - reporting requirements (4AMLD Virtual Currency Amendment).

The campaign was first launched in October 2017 to commemorate completed registration for Japan's new virtual currency exchange license on September 29th.

The largest alleged heist occurred in June, when North Korea allegedly attacked Seoul - based Bithumb, the fourth largest virtual currency exchange in the world.

Uphold, the well - known platform and virtual currency exchange based in the cloud has recently decided to break through new horizons and possibly attract new clients and investors by including the digital coin Ripple (XRP) on their platform.

A man passes by a screen showing the prices of bitcoin at a virtual currency exchange office in Seoul, South Korea,...

Using simple social engineering techniques, an attacker has managed to steal around $ 12,500 in bitcoins from virtual currency exchange BitInstant.

In moving towards reopening our services, we are putting all of our efforts towards discovering the cause of the illicit transfer and overhauling and strengthening our security measures while simultaneously continuing in our efforts to register with the Financial Services Agency as a Virtual Currency Exchange Service Provider.

The collaborative efforts of Bithumb and Korea Pay's Services, which the popular virtual currency exchange described as «a landmark step,» will work towards making cryptocurrency available at some 6,000 outlets by the end of 2Q18.

In a fresh set of developments, just a week after the hack, Japanese authorities have raided the virtual currency exchange today i.e. Friday, Feb 2.

This post Japan FSA Grants Virtual Currency Exchange License To 11 Companies first appeared on Coinjournal.

The company also intends to establish a virtual currency exchange platform in Hong Kong.

Dunamu, who is a partner of the larger Kakao Corporation, made a statement during the last half of September that they would be launching a virtual currency exchange.

We will actively crack down on any virtual currency exchange that does not have a money laundering safety net.

However, Tom Robinson, founder of virtual currency exchange BitPrice, told the Guardian that at Wednesday's meeting he and others were advocating regulation as a way to legitimise the currency and promote new business and economic growth.

«We will make regulations for the protection of investors rather than making virtual currency exchange regulations.»

A Treasury spokesman, quoted by the Telegraph, said on Sunday: «We intend to update regulations to bring virtual currency exchange platforms into Anti-Money Laundering and Counter-Terrorist Financing regulation.»

Japanese online broker Monex Group said Friday it would buy virtual currency exchange Coincheck, which was hit by a massive hack that saw thieves steal hundreds of millions of dollars in virtual...

In moving towards reopening our services, we are putting all of our efforts towards discovering the cause of the illicit transfer and overhauling and strengthening our security measures while simultaneously continuing in our efforts to register with the Financial Services Agency as a Virtual Currency Exchange Service Provider,» the company added.

In his written reply to a parliamentary question, the Economic Secretary confirmed that the Treasury seeks to «bring virtual currency exchange platforms and custodian wallet providers into anti-money laundering and counter-terrorist financing regulations».

Separately, Singapore police are investigating the «unnatural» death of the American boss of virtual currency exchange First Meta.

The Ripple (XRP / JPY) pair has been added as the second altcoin addition to the virtual currency exchange at bitbank.cc, the company first added Litecoin a few weeks back.

Uphold, the well - known platform and virtual currency exchange based in the cloud has recently decided to break through new...

«Our goal is to become a virtual currency exchange with the highest trading volume on a global basis, with the goal of building an ecosystem that enables everyone to buy and use virtual currencies anywhere.»

«The new Bitbank exchange service started in March is a virtual currency exchange premised on multi-asset availability.

In Japan, virtual currency exchange trading advertisers must be authorized by the Financial Services Agency.

2A Virtual Currency Exchange is defined as an entity that conducts any of the following businesses (according to the Payment Services Act, Article 2, Section 7)

Ripple Labs has been fined $ 700,000 by the US Financial Crimes Enforcement Network (FinCEN) in the first successful civil enforcement action against a virtual currency exchange.

bitFlyer was founded in January 2014 and launched its virtual currency exchange services in April of the same year.

4Sufficient levels of User Protection, Segregation of User Assets / Funds, System Risk Management, and Data Security are among the requirements for registration as a virtual currency exchange.

It states that «there is a risk that virtual currency transfers may be used by terrorist organisations to conceal transfers», prompting the Commission to extend «the scope of the AMLD to include virtual currency exchange platforms.»

The US District Judge explained in a statement that the court's constricted summons support the IRS in a legitimate investigation scrutinizing Coinbase account holders, who may have refrained from their federal tax duty on profits made via the virtual currency exchange.

Seoul, South Korea - A Screen shows the prices of bitcoin at a virtual currency exchange store in Seoul, South Korea.

account holders, who may have refrained from their federal tax duty on profits made via the virtual currency exchange.

Virtual currency exchange MT Gox says that an anonymous hacker used phoney Bitcoins to flood the market and drive down prices causing a spectacular market crash last month.

Japan's financial regulator recently published a document indicating that it has «warned» Binance for operating in Japan despite «not register [ing]» as a virtual currency exchange business with relevant authorities.

«The Commission is planning to bring virtual currency exchange platforms under the scope of the Fourth Anti-Money Laundering Directive, in order to help identify the users who trade in virtual currencies.

National Bank of Australia (NAB) has taken a more cautionary tone, with a representative stating that «[the Australian Securities and Investments Commission] advises that, as most of the virtual currency exchange platforms are generally not regulated, customers may not be protected or have any legal recourse if the platform fails or is hacked.»

In its statement that was released on Dec. 1, the exchange claimed that its application to become a «virtual currency exchange trader» was filed in mid-September and is still under scrutiny until now.

The UK Treasury is «negotiating to bring virtual currency exchange platforms and some wallet providers within Anti-Money Laundering and Counter-Terrorist Financing regulation,» a spokesperson said.

In January of this year, bitFlyer was granted a European Union payment institution license, making it — in the words of the company's CEO — «the most compliant virtual currency exchange in the world.»

bitFlyer also revealed that it received approval from the New York State Department of Financial Services (NYDFS) to operate in the state as a virtual currency exchange.

PinkCoins are available for purchase on the Coinsquare virtual currency exchange.

ASIC advises that, as most of the virtual currency exchange platforms are generally not regulated, customers may not be protected or have any legal recourse if the platform fails or is hacked.

«There is no allegation in this suit that Coinbase has engaged in any wrongdoing in connection with its virtual currency exchange business,» said the Justice Department on Wednesday.

Tokyo - based bitFlyer has become the fourth digital currency exchange to receive approval from the New York State Department of Financial Services (NYDFS) for a «BitLicense» to operate as a virtual currency exchange in New York.

South Korean investigators are also reportedly taking a hard look at a separate virtual currency exchange in the country, which is also suspected of criminal activity.

The largest alleged heist occurred in June, where North Korea allegedly attacked Seoul - based Bithumb, the fourth largest virtual currency exchange in the world.

On the heels of more than $ 100 billion in virtual currency traded year - to - date, bitFlyer today announced the official launch of its US - based virtual currency exchange platform.

NEW YORK (Reuters)-- The New York Department of Financial Services (DFS) said on Tuesday it has granted a license to Tokyo - based bitFlyer, allowing the virtual currency exchange operator to launch in the United States.