Sentences with phrase «virtual currency increased»

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Late last year, the FBI's Phoenix office warned of an increase in people reporting email threats, demanding that they pay a sum in virtual currency or prepaid cards — or else.

«Greater clarity can now emerge in the debate about how to regulate virtual currencies, leading to increased credibility and consumer confidence; in turn, virtual currencies will have a much greater critical mass in the financial services system.»

A bill in the Senate of the Philippines would increase the penalty for crimes that involve virtual currency.

The IBM and Kaspersky reports on the increase in cryptocurrency mining malware detections come after a string of incidents during the past few months that involved virtual currency miners.

For a state that has been a thriving location for virtual currency mining, the rate increase will likely have a chilling effect on innovation.

I agree that the regulation will have a positive overall effect on virtual currency markets, giving currencies like Bitcoin an increased air of legitimacy and likely boosting its market.

The regulatory chiefs questioned how their respective agencies would fund increased scrutiny of the rapidly growing virtual currency market, with Clayton saying he needed more people to staff the trading and markets division.

While most of the foregoing bills are at an early stage, and do not comprehensively regulate virtual currency or blockchain technology, it is encouraging that legislators on both sides of the aisle are increasing their focus on issues relating to this technology.

By getting information about how exchanges operate out into the open, the Office of the Attorney General «seeks to increase transparency and accountability in the virtual currency marketplace — and better inform the actions of enforcement agencies, investors, and consumers in this space.»

This increases the possibility of virtual currencies being used for suspicious activities.

The increasing interest around Blockchain technologies in 2017 led the CTFC to release a Primer on Virtual Currencies which acknowledged that Blockchain technologies can be used by governments, financial institutions and cross-industries to optimize everyday operations via a Blockchain system.

The article elaborates that the rise of social networking and distrust of the current financial system increase the acceptance of virtual currencies.

Ultimately the goal of any regulatory regime should be to increase efficiency using technology, and this is what innovators are hoping regulators keep in mind when addressing virtual currency regulation.

While bitcoin's price has been on a rapid increase since the start of the new year, the public at large is still learning about virtual currency and blockhain technologoy.

Since FinCEN issued this guidance, dozens of virtual currency exchangers and administrators have registered with FinCEN, and FinCEN is receiving an increasing number of suspicious activity reports (SARs) from these entities.

Prices for many of the top virtual currencies have dipped, which — as they say, is a great time to buy «buy in a dip» and get more coins for your money, ready for the price to increase in August.

Bitcoin binary options is the latest medium through which average users, who have welcomed the virtual currency in their lives, can increase their earnings.

To put it simply, an asset or assets, in the case of binary options trading, are the virtual items which you have purchased, may it be in the form of stocks, or through calls and acquiring them later on as you succeed in making profits and increase the amount of stocks or binary options trading items that you have — regardless of the dynamic, might it be an item, food, fuel, or foreign currency «betting».

The transaction volume of virtual currencies in Japan has rapidly increased since the amendment to the Payment Services Act [1] was enacted in May 2016.

To put it simply, an asset or assets, in the case of binary options trading, are the virtual items which you have purchased, may it be in the form of stocks, or through calls and acquiring them later on as you succeed in making profits and increase the amount of stocks or binary options trading items that you have — regardless of the dynamic, might it be an item, food, fuel, or foreign currency «betting».

Recurrent consumer spending (including add - on content, microtransactions and online play) increased to 40.3 % of net revenue from digital online channels for the three months ended December 31, 2015 as compared to 39.5 % of net revenue from digital online channels for the three months ended December 31, 2014, due primarily to the recognition of previously - deferred revenue related to virtual currency for Grand Theft Auto Online and NBA 2K.

Recurrent consumer spending (including add - on content, microtransactions and online play) increased to 55.1 % of net revenue from digital online channels for the nine months ended December 31, 2015, as compared to 44.8 % of net revenue from digital online channels for the nine months ended December 31, 2014, due primarily to the recognition of previously - deferred revenue related to virtual currency for Grand Theft Auto Online and NBA 2K.

After the Coincheck incident, consultation of those who can not move the virtual currency from the Coincheck has increased sharply.

SegWit is traditionally considered «complicated» compared to merely increasing the Bitcoin block size, despite the latter requiring a hard fork of the virtual currency.

That's what the social network did last year when they decided that everyone on their service had to use their virtual currency, which also happened to increase Facebook's cut.

Falcon Private Bank will soon allow customers to buy and hold Bitcoin, paving the way forward for the increased adoption of virtual currency — but potentially removing anonymity.

South Korea's financial regulator revealed earlier this week it was jointly carrying out inspections on six local banks that offer virtual currency accounts to institutions amid concerns their increased use could lead to a surge in crime.

According to Wiseapp's data from October 30 to January 14, «Virtual currency app users increased 14 times in the last 11 weeks,» the company wrote.

Speaking specifically about Bitcoin regulations in the United States, Boring said that laws on anti-money laundering (AML), know - your - customer (KYC) and the Bank Secrecy Act (BSA) are hampering the growth of virtual currency startups by increasing compliance costs.

Their decision to support litecoin marks increasing interest in virtual currencies.

With increased difficulty associated with legal campaign funding, the state sponsored actors of North Korea are taking the illegal route to steal virtual currencies.

Increase in demand and confidence of investors raised the prices of the virtual currency as well.

«As security threats such as virtual currency speculation and hacking on handling sites are increasing, the actual situation of personal information protection of major virtual currency exchanges has been found to be very weak,» Korea Communications Commission chairman Lee Hyo - Sung said.

Need less to say bitcoin also increased interest of cybercriminals to the virtual currency.

The whole crypto community and some media companies were talking about the exponential increase in the virtual currency's fees that was seen over the course of 2017.

Long - term future pricing options could be seen as a vote of confidence for the virtual currency, potentially paving the way for less market volatility and further increased investment over time.

Long - term future pricing has been heralded by some investors as a considerable vote of confidence for virtual currencies, potentially paving the way for less market volatility and further increased investment over time.

This variety of virtual currencies, and their drastic price increases in 2017, has opened up the market to anyone who can afford to invest, novice or not.

As noted by ZDNet, «The Blue House, Korea's equivalent to the US White House, said the country will seek to increase transparency in cryptocurrency trading by stamping out illegal activities» — meaning it «will prioritize transparency in trading of virtual currency within the boundaries of the current law, and block illegal and unfair activities.»

Virtual reality is grabbing as much attention as digital currencies are receiving, although digital coins are drawing more interest these days, especially with predicted value increases and crypto investment craze.

Since the beginning of this year, the crypto market has experienced increased pressure from regulators around the globe with crackdowns focused on cryptocurrency trading and initial coin offerings and this has played a major role on the performance of the virtual currencies.

«that virtual currencies will be used to make reservations and payments for domestic and international travelers, which will be of great help in increasing convenience.»

«While the security threats such as virtual currency speculation and hacking of handling sites are increasing, the actual situation of personal information protection of major virtual currency exchanges is very weak,» warned the chairman of the Korea Communications Commission in announcing the fines.

The brief slide could be due to the so - called scaling issues confronted by the virtual currency as its developers want to increase transaction sizes in the Blockchain network.

While media headlines tout the number of millionaires Bitcoin has created, the rise of the virtual currency also has another important effect: increasing the number of cryptocurrency jobs.

Trading of virtual currencies has increased globally and have given extraordinary returns.

The increasing demand for the virtual currencies has complicated the work of the exchanges resulting in the limitations in the mandate of the firms.

Enterprising virtual currency businesses are already developing ways to help stabilize prices and increase certainty in virtual currency markets.

In the last 24 hours, the virtual currency has increased 5.53 percent at press time.

This year, the virtual currency market has been increasing exponentially and calling the attention of big investors.