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In relation to IoP, it acts as a safeguard against transaction which has been executed management and dealing in capital market products without obtaining necessary their characteristics and functionalities so role in preventing irregular transactions.
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| Neo crypto price in india | In assessing the risks and evaluating the proposed safeguards, BNM will give due regard to preserve sound financial and business practices consistent with monetary and financial stability and promoting the fair treatment of consumers. Image Credit: Wikipedia Commons. Thus, any issuance of tokens which have the attributes of shares or debentures by private company ICO issuers would be in contravention of the law. With regard to IoH, it warrants the finality of any transaction which has been executed under any blockchain network by ensuring that past consensus reached by users are not amenable to change after the transactions have been completed. This means that the regulators will now have jurisdiction over activities that cover not limited to : remittances and exchange of digital tokens for payments fund-raising foreign exchange administration fund management taking of deposit capital market products This came about after SC issued a cease order to CopyCashCoin and together with BNM has told consumers to take every precaution available before participating in any ICO. |
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