Sentences with phrase «with illicit transactions»
While bitcoin has been associated with illicit transactions, estimates of the proportion of the digital currency used in illegal activities vary.
https://www.cnbc.com/ Not exact matches
Certainly with a system involving tens of millions of consumer transactions, there could be a lot of potential for fraud, illicit carbon permits, as well as black - market fuel, all of which could be socially divisive.
On Nov. 19 the CJC announced that a three - member inquiry committee, with one member dissenting, had recommended the removal of Justice Michel Girouard, even though the committee «could not conclude that the judge had participated in a transaction involving an illicit substance.»
He claims that self - interest will eventually override social cooperation as the network grows and the amount of larger transactions increases, and that new mining pools could come in at essentially a discount with illicit intentions.
OFAC will use sanctions in the fight against criminal and other malicious actors abusing digital currencies and emerging payment systems as a complement to existing tools, including diplomatic outreach and law enforcement authorities — To strengthen our efforts to combat the illicit use of digital currency transactions under our existing authorities, OFAC may include as identifiers on the SDN List specific digital currency addresses associated with blocked persons.