Sentences with phrase «virtual currency exchanges submit»
Third, it requires that virtual currency exchanges submit certain disclosures and undergo periodic audits.
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The brothers, who run the Gemini exchange for trading Bitcoin and Ether, have submitted a proposal to create the Virtual Commodity Association, a self - regulatory organization meant to police digital - currency markets and custodians.
And finally, it forces virtual currency exchanges to submit to regulatory supervision by requiring them to maintain books and records, file audit reports, and submit to on - site examinations among others.