Sentences with phrase «as the virtual currency continues»
Not exact matches
«Payments made with virtual currencies are not only irreversible,» the report continues, «they also do not have the same legal protections as most traditional payment methods, such as the ones you have when using a credit card.»
https://www.cnbc.com/
Regulators in the United States have continued to crack down on smaller virtual currencies like Bitconnect, which has been described as a Ponzi scheme by many in the industry.
As digital currencies continue to gain traction in the real world, seemingly everyone wants to be a part of this virtual movement.
«The use of virtual currency transactions has and will continue to expand exponentially, as will blockchain technology applications.
The price of Ether, the virtual currency on the Ethereum network, has continued to rise in recent months, but not as fast as Bitcoin.
- + * As part of the Digital Currency Council's Continuing Education partnership with Virtual Currency Today, the DCC's Vice President, Sarah Martin, had the opportunity to interview the thought leaders that will be speaking at the Virtual Currency Today Summit on April 29, 2015.
The People's Bank of China (PBoC) will continue to apply strict measures on virtual currencies as part of its strategy for protecting and strengthening the yuan (RMB), according to a statement published March 29 on the bank's website.
«As the cryptocurrency markets continue to evolve, DFS is directing virtual currency companies to take the necessary steps to guard against fraud, and to be extra vigilant about manipulation.
If confidence in the currency — which has had a rocky past — continues to grow, it may yet break into the mainstream (see «Virtual economy looms as digital cash grows up «-RRB-.
The 500 Amazon Coins, valued at $ 5, can be used to buy apps from the Amazon Appstore as well as in - app items, along with an incentive to continue buying packs of the virtual currency instead of usual cash transactions.
«The games sector has a history of open and constructive dialogue with regulators, ensuring that games fully comply with UK law and has already discussed similar issues as part of last year's Gambling Commission paper on virtual currencies, esports and social gaming,» Twist continues.
The stakes for Beijing grew as prices of virtual currencies like bitcoin soared, adding to the risk that Chinese investors would continue to speculate and expose themselves to big losses.
This story will have a slightly negative impact on the Bitcoin ecosystem, as mainstream media will continue to feast on anything that puts virtual currency in a negative spotlight.
Going forward, LINE will use this new company as a base as it proceeds with preparations to provide a variety of financial services, including a place to exchange and transact virtual currencies, loans, and insurance — all from the LINE app — and will continue to grow its financial business.»
AriseBank and its co-founders Jared Rice Sr. and Stanley Ford allegedly offered and sold unregistered investments in «AriseCoin» cryptocurrency by depicting it as a first - of - its - kind decentralized bank offering a variety of consumer - facing banking products and services using more than 700 different virtual currencies, the SEC's statement continues.
«As with any new development, virtual currencies and distributed ledger technologies can create risks and vulnerabilities that call for continued regulatory monitoring and coordination.
«Between Danny's deep expertise in financial services and virtual currency regulation and Kim's demonstrated track record as a successful CFO of global financial organizations, I'm confident that itBit will continue to grow and develop innovative blockchain - based solutions to address the financial industry's greatest pain points,» said itBit co-founder and CEO Chad Cascarilla.
The BitLicense authorizes Coinbase's continuing virtual currency business operations in the state of New York and is seen by many as an assurance marker for bitcoin exchanges operating within the US to be regarded as a transparent, safe and secure.
«In addition, we will continue to rectify the side effects of virtual currency speculation, but we will make balanced policy efforts to ensure that government measures do not hinder the development of technology such as block chains,» the government said, according to a translation.
«As the cryptocurrency markets continue to evolve, DFS is directing virtual currency companies to take the necessary steps to guard against fraud, and to be extra vigilant about manipulation.
As Bitcoin climbed from $ 5,000, investors and traders opted to continue stockpiling the virtual currency ahead of the two hard forks due Tuesday and Nov. 18.
The People's Bank of China (PBoC) will continue to apply strict measures on virtual currencies as part of its strategy for protecting and strengthening the yuan (RMB), according to a statement published March 29 on the bank's website.
Despite the volatile nature of cryptocurrency market, the incidents and points cited above should make a positive impact on Stellar Lumens and if it continues its dream run as the previous year, being a future crypto - giant won't be impossible for this virtual currency.
bitFlyer continues to contribute to the further growth of the industry as the leader in virtual currency and blockchain technology in Japan.
News brokethat asthe cryptocurrency market continues to grow and coin prices rise, security researchers have warned that a virtual currency «arms race» is looming as nefarious actors look to exploit the lucrative forum.
In moving towards reopening our services, we are putting all of our efforts towards discovering the cause of the illicit transfer and overhauling and strengthening our security measures while simultaneously continuing in our efforts to register with the Financial Services Agency as a Virtual Currency Exchange Service Provider,» the company added.
In moving towards reopening our services, we are putting all of our efforts towards discovering the cause of the illicit transfer and overhauling and strengthening our security measures while simultaneously continuing in our efforts to register with the Financial Services Agency as a Virtual Currency Exchange Service Provider.
As decentralized cryptocurrencies continue to shine and grow in interest, certain governments are becoming aware of the benefits that virtual currencies have.
As Bitcoin price continues to soar, hitting a new high $ 12,000, people are clamoring to get their hands on the lucrative virtual currency which places a huge strain on exchanges and their servers.
«Going forward, Line will use this new company as a base as it proceeds with preparations to provide a variety of financial services, including a place to exchange and transact virtual currencies, loans and insurances — all from the LINE app and will continue to grow our financial business.»
«Ownership of virtual currency is very risky and full of speculation because there is no authority responsible,» the central banker continues, «there is no official administrator, there is no underlying asset underlying virtual currency price and trading value is very volatile so vulnerable to the risk bubble and prone to be used as a means of washing money and financing of terrorism, so that it can affect the stability of the financial system and harm the public.