Sentences with phrase «currencies issued in»

While South Africa does not currently regulate cryptocurrencies, the Reserve Bank's position on virtual currencies is set out in the Position Paper on Virtual Currencies issued in 2014.
Mr Pringuet said Pernot just had to live with the high Australian dollar as it faced currency issues in the 80 countries it sells into.
I've spent a fair amount of time thinking about how to deal with the currency issue in my portfolio, and I just don't agree with the way you report IRR by effectively ignoring all currency effects.
Burri includes an AM - lire banknote, the Allied Military currency issued in Italy after the invasion of Sicily in 1943, in a 1952 Sack.

Not exact matches

And while most emerging market debt continues to be issued in local currencies, the IIF said that foreign currency denominated debt issued in these nations swelled by $ 800 billion last year to a record high of $ 8.3 trillion.
To resolve that issue, the court had to determine whether (1) virtual currency may be regulated by the CFTC as a commodity and (2) the CEA permits the CFTC to exercise jurisdiction over fraud in connection with commodities that do not directly involve futures or derivative contracts.
But in countries like the United States, China, Russia, Singapore and Switzerland, government groups have talked about using blockchains for myriad tasks, like issuing national currency or tracking identity records for citizens and visitors.
«The main issue with Bitcoin itself is that the community around it right now is kind of too polarized,» Karpelès says, citing the split between Bitcoin and Bitcoin Cash over a disagreement in how best to scale the digital currency.
Farmers in Tanzania can do all the Google searches they like right now, he says, but buying Google ads to sell their crops is a challenge because of currency translation issues.
«Available information indicates that, once issued, the Petro digital currency would appear to be an extension of credit to the Venezuelan government,» the Treasury department said in a statement to Reuters.
While Bitcoin is often criticized because it's not backed by a physical commodity, that's not an issue for Michael Lee, an economist in the New York Fed's Research and Statistics Group, who says that neither is the dollar and most modern currencies.
Regulation has been the hot - button issue in digital currency recently.
In Sweden, where use of cash is vanishing, the central bank is investigating issuing its own digital currency, the E-krona, out of concern that widespread use of other virtual currencies controlled by private actors could harm competitiveness.
But in an interesting twist, a developer who was hired by Reddit to work on the idea of a «crypto - currency» — a form of Bitcoin that users could receive in exchange for contributing content, or as a way of distributing some of the shares that were issued in the site's fundraising round — said in a post on Medium that he was working on a plan to de-centralize Reddit in just this way before he was let go.
There are two sources of demand for tokens: From people who need them to redeem services from the company who issued them, and from other investors who think the token will rise in price like a stock or a currency.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
Facebook CEO Mark Zuckerberg expressed his interest in crypto currency and its potential uses in his 2018 mission statement, issued on Thursday.
This is where a business issues a new digital currency online — think bitcoin — in exchange for real money.
Whereas traditional investment methods require a firm to list in one country and utilize (at least initially) one exchange, creating and selling its own cryptocurrency allows a firm access to finance from anyone, anywhere, outside the normal constraints imposed by state - issued currencies.
New York state financial regulators have issued subpoenas asking Bitcoin - related companies for information into whether safeguards are in place to prevent the virtual currency from being used in illeg...
Boockvar said that if China were to take such a daring step, it could ruin its chances of being accepted into the International Monetary Fund's basket of special drawing rights currencies — IMF - issued reserve assets — in October 2016.
For example, Procter & Gamble's (NYSE: PG) second - quarter results were a complete miss, in large part because of currency issues.
In March, the Financial Crimes Enforcement Network, a division of the U.S. Treasury, made its first steps toward regulation when it issued an «an interpretive guidance to clarify the applicability of the regulations implementing the Bank Secrecy Act («BSA») to persons creating, obtaining, distributing, exchanging, accepting, or transmitting virtual currencies
A government that is sovereign in its currency, has no foreign denominated debt and a central bank that can issue its own currency does not have to worry about someone else telling them that they need to raise their interest costs.
The money is typically received in digital currency form and goes to the organization issuing the tokens, which can be a traditional company or an open source project funded entirely through a blockchain.
The last time the G - 20 issued such a firm statement against currency wars Japan was in the spotlight as its campaign of monetary stimulus pushed the yen to its lowest level against the dollar in about five years.
Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin.
The Securities and Exchange Commission late last month issued its first warning for the many entrepreneurs who have been raising money by creating and selling their own virtual currencies in what are called initial coin offerings.
Several of the largest central banks in the world, including the Bank of England and the People's Bank of China, have said they are looking at using the technology introduced by Bitcoin to track and issue their own digital currencies.
Bitcoin has, however, served to stimulate interest in the potential offered by distributed ledgers, extending to the possibility of central - bank - issued digital currencies.
Rambler also related that the presidential advisor voiced his support for the creation of a centralized, state - issued virtual currency, the cryptoruble, explaining that such a financial instrument would essentially be «the same ruble, only its movement [would be] limited in a certain way, it [would be] arranged in a certain way.»
In recent months, the CFTC created subcommittees on distributed ledger technology and virtual currencies, issued a pump - and - dump warning about virtual currency schemes, and provided guidance to its employees about cryptocurrency investments.
The digital currency would be centralized and issued at will by a government body, at whatever times and in whatever quantities it saw fit.
Most governments also require that taxes be paid in a currency that the state has the exclusive power to issue.
On March 19, 2018, President Donald Trump signed an executive order barring American citizens and residents from undertaking transactions in or investing in digital currencies or tokens tied to the Venezuelan government which were issued on or after January 9, 2018.
In April, it ordered two virtual currency marketplaces to suspend operations and issued a «business improvement order» to another.
In March 2014, just in time for the filing of 2013 tax returns, the IRS issued guidance on virtual currencIn March 2014, just in time for the filing of 2013 tax returns, the IRS issued guidance on virtual currencin time for the filing of 2013 tax returns, the IRS issued guidance on virtual currency.
Risks associated with investing in Industrials include the possibility of a worsening in the global economy, acquisition integration risk, operational issues, failure to introduce to market new and innovative products, further weakening in the oil market, potential price wars due to any excesses industry capacity, and a sustained rise in the dollar relative to other currencies.
Indeed, in 2013, in response to continued suggestions by the media and governments that Bitcoin was playing a primary role in funding terrorism, the UK parliament issued a report indicating that ISIS was not receiving any significant funding through virtual currency:
As regulators squash bitcoin exchanges and token offerings, officials from the PBoC maintain interest in creating a central bank - issued digital currency.
On November 4, 2017, Yao Qian, the Deputy Director of the PBoC's Science and Technology Division and director of the PBoC Digital Currency Research Institute, reportedly spoke in Beijing, where he highlighted the importance of state - backed, central bank - issued cryptocurrency in an increasingly digital world.
China: «YuanCoin» Trial a Success Following the rise in popularity of the first blockchain - based currency in the world, i.e. Bitcoin, the People's Bank of China (PBOC) is getting closer to issuing its own, albeit centralized, government - backed sovereign digital
Indeed, it would be un-Trump — in light of his campaign slogans of «Make America Great Again» and «America First» — if the first days of the new administration passed without major U.S. actions on issues like the Chinese currency, market access for U.S. companies, and Chinese exports to the United States.
Even with a weaker currency and a partial reversal in recent oil price declines, these issues will moderate any increase in long - term interest rates in Canada.
Last week, the central bank warned that Bitcoin carried substantial risks and issued new rules that prohibited financial institutions from dealing in the digital currency.
As demonstrated by the crypto world, currency can also be issued privately — in other words, not by a government.
While the benefits of distributed ledgers have been much discussed, Bain concluded that actual tools using blockchain for international payments and trade finance remain in their early stages as banks remain challenged by scaling the technology, along with uncertainties surrounding digital currencies and privacy issues.
After a successful trial, China is one step closer to becoming the first country in the world to issue its own blockchain - based virtual currency.
In addition, and from the point of view of companies conducting currency issues, questions arise regarding the application of securities laws.
But nationalism against the backdrop of massive overcapacity, a depreciated Chinese currency, and widespread frustrations about environmental degradations (for example, heavy smog in a number of cities)-- to mention just the more salient issues — has the potential to lead to backlash against Chinese leaders.
a b c d e f g h i j k l m n o p q r s t u v w x y z