Sentences with phrase «virtual currency platforms»

For virtual currency platforms, markets, and suppliers, the world just got a more predictable fixed cost and new direct oversight.

One particularly interesting part of Giancarlo's testimony was where he mentioned that «current law does not provide any U.S. Federal regulator with such regulatory oversight authority over spot virtual currency platforms operating in the United States or abroad.»

Financial crime fighters at the U.S. Treasury are «aggressively» pursuing virtual currency platforms that lack strong internal safeguards against money laundering, a top official told a Senate panel on Wednesday.

The company's founders are Waynn Lue, a former Google (NSDQ: GOOG) engineer, and Lisa Rutherford, the former president of virtual currency platform Twofish, which Live Gamer bought in 2009.

President Vladimir V. Putin met briefly last year with Vitalik Buterin, the founder of Ethereum, the second most widely used blockchain - based virtual currency platform after Bitcoin.

Vikas Gupta also founded virtual currency platform operator Jambool in 2006.

According to the report, because cryptocurrency exchanges and wallet providers are under no obligation to identify suspicious activity, terrorist groups are able to transfer money into the EU's financial system, taking full advantage of the degree of anonymity provided by virtual currency platforms.

Perhaps unsurprisingly, the Department of Homeland Security was most likely to identify virtual currencies as a threat, recognizing the need for an «aggressive posture towards this evolving trend,» and a «multi-prong strategy» to target virtual currency platforms and virtual currency exchanges.

Giancarlo says that «Current law does not provide any U.S. federal regulator with such regulatory oversight authority over spot virtual currency platforms».

«Any proposed federal regulation of virtual currency platforms should be carefully tailored to the risks posed by relevant trading activity and enhancing efforts to prosecute fraud and manipulation.»

Facebook said today that application developers can now apply to test out its virtual currency platform, an aggressive move that places pressure...

I think our Main Street investors look at these virtual currency platforms and assume they are regulated in the same way that a stock is regulated and, as I said, it's far from that and I think we should address that.

Current law does not provide any U.S. federal regulator with such regulatory oversight authority over spot virtual currency platforms