Sentences with phrase «accept virtual currency bitcoin»

A point - of - sale system, based on a VeriFone terminal, which enables retailers to accept virtual currency Bitcoin has been developed.

Not exact matches

Virtual currency that can be monetized, resold, or converted to physical or digital products and services or otherwise exit the virtual world (e.g., Bitcoin); sale of stored value or credits maintained, accepted and issued by anyone other than theVirtual currency that can be monetized, resold, or converted to physical or digital products and services or otherwise exit the virtual world (e.g., Bitcoin); sale of stored value or credits maintained, accepted and issued by anyone other than thevirtual world (e.g., Bitcoin); sale of stored value or credits maintained, accepted and issued by anyone other than the seller

For example, imagine that a virtual currency exchange accepts five bitcoins from a customer who wishes to purchase Ether.

Bitcoin users can fund their Neteller account with virtual currency, and spend it on any website where this payment method is accepted.

(Bitcoin and physical currencies are not apples and apples, of course, but some merchants, including Overstock.com, do accept the virtual currency.)

On September 9th, 2014, eBay - American electric business tycoon ， announced its payments arm Braintree began to accept Bitcoin as payment; The travel rental community Airbnb and the car rental service provider Uber also announced that they would begin to accept the virtual currency.

Most of the bitcoin - accepting merchants are eCommerce businesses, offering services ideal for virtual currency payments such as web hosting, domain registration, VPN services, and digital downloads.

- + * Businesses that choose to accept virtual currencies such as Bitcoins for their remuneration or revenue are subject to normal income tax rules.

While some of the biggest online retailers in the world, alongside many small boutique businesses and shops are now accepting virtual currency, Bitcoin payments for goods and services, what benefit does accepting cryptocurrency afford to your business?

Additionally, FinCEN claimed regulation over American entities that manage bitcoins in a payment processor setting or as an exchanger: «In addition, a person is an exchanger and a money transmitter if the person accepts such de-centralized convertible virtual currency from one person and transmits it to another person as part of the acceptance and transfer of currency, funds, or other value that substitutes for currency.»

An Alberta estate agent hopes that by accepting payment in the Bitcoin virtual currency for her CAN$ 1million home and development land, she will attract Chinese investors A Canadian real estate agent is selling her home and land for CAN$ 1million — and is accepting payment in the virtual currency Bitcoin to help boost overseas...

An Alberta estate agent hopes that by accepting payment in the Bitcoin virtual currency for her CAN$ 1million home and development land, she will attract Chinese investors

A Canadian real estate agent is selling her home and land for CAN$ 1million — and is accepting payment in the virtual currency Bitcoin to help boost overseas interest.

Bitcoin is understood to fall under the definition of virtual currency in the Act because it is electronically exchanged for traditional currency by exchange service operators and can be used by anyone accepting Bitcoin as payment.

2 stating «Bitcoin and other virtual currencies are distinct from «real» currencies, which are the coin and paper money of the United States or another country that are designated as legal tender, circulate, and are customarily used and accepted as a medium of exchange in the country of issuance.»

Nupur Anand added, «The crypto - currency ecosystem in India is very small: Bitcoin is accepted at only a few restaurants, and some virtual currency exchanges allow users to make payments for books or movie tickets.

Not just because BitPay is the leading bitcoin payment processing company and that PayPal would gain all their expertise, while dotting the global map with locations that accept the virtual currency overnight.

Nupur Anand added, «The crypto - currency ecosystem in India is very small: Bitcoin is accepted at only a few restaurants, and some virtual currency exchanges allow users to

The leading virtual currency Bitcoin is accepted as a form of payment at only a few restaurants, and several cryptocurrency exchanges allow users to use the digital currencies as payments for books or movie tickets.

that went into force in April 2017, when Japan made bitcoin a nationally accepted cryptocurrency, any virtual currency exchange that wants to do business in the country or solicit its citizens needs to be licensed with Japan's Financial Services Agency (FSA).

According to revised payment services laws that went into force in April 2017, when Japan made bitcoin a nationally accepted cryptocurrency, any virtual currency exchange that wants to do business in the country or solicit its citizens needs to be licensed with Japan's Financial Services Agency (FSA).

The crypto - currency ecosystem in India is very small: Bitcoin is accepted at only a few restaurants, and some virtual currency exchanges allow users to make payments for books or movie tickets.

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We're happy to say that France has a thriving Bitcoin market, with many merchants accepting the virtual currency as a payment method.

Accounting firm PricewaterhouseCoopers said it accepted a payment in bitcoin for its advisory services, its first in a virtual currency.

The German authorities justified this decision by stating that all virtual currencies such as Bitcoin will be considered a legal method of payment as long as all parties involved in the transaction accept that that cryptocurrency will be used as a means of payment.

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See also — WordPress.com criticizes PayPal, credit card firms for restrictions, now lets you pay with Bitcoin and Shopify adds support for Bitcoin, letting more than 75,000 of its merchants accept the virtual currency

Interestingly, the band is paid in bitcoin; payment for concert tickets, merchandise and other products will only be accepted in virtual currencies.

China also has an online discount store accepting bitcoins, a high level of Bitcoin activity on Taobao, the local equivalent of Ebay, and a large number of users eager to take up Bitcoin having already gone through the virtual currency experience with Q Coin in 2007.

Despite his negative view of the market, his fund has a large stake in Overstock.com — the first publicly - traded company to not only accept bitcoin, but launch its own virtual currency through a subsidiary project called tZERO.

Moreover, he emphasized, the Federal Reserve Bank researchers ignored the fact that the virtual currency is used on a daily basis to buy goods and services, without ever attempting to analyze data from more than 64,000 businesses accepting bitcoin.

Also hoping to rake in some virtual currency, Aria PC Technology, another UK component supplier and e-tailer, started accepting bitcoin just last week.

«So - called virtual currencies (cryptocurrencies such as Bitcoin) are considered equal to the legal means of payment, as long as these so - called virtual currencies have been accepted as alternative and contractual means of payment by the parties involved in the transaction and have no other purpose than being used as a means of payment.»

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Another fan, 43 - year - old Hiroshi Kasahara, who runs an ad agency, said: «I have been trading stocks and forex but not bitcoin or other virtual currencies as I was a bit scared of them... But [now] I feel like opening an account» if the group accepts payment only in bitcoin, he was quoted by Arab News.

Among the virtual currencies being accepted by the nonprofit in the campaign are Bitcoin, Bitcoin Cash and Zcash.

Jeff Francis · April 3, 2018 · 8:00 pm Paxful knows that Bitcoin in Africa is making a difference, as is evident by a South African business school now accepting the virtual currency for tuition....

She already uses digital currencies for webcam performances, since several websites that stream erotic performances accept bitcoin or other virtual tokens, but she will still opt for dollars instead of bitcoin paychecks.

While the lucky candidates will land themselves a share of the valuable virtual currency, the University is also working on plans to accept Bitcoin as a payment method for tuition fees.

Bitcoin users can fund their Neteller account with virtual currency, and spend it on any website where this payment method is accepted.

We're happy to say that South Africa has a thriving bitcoin market, with thousands of merchants accepting the virtual currency as payment method... Through our partnership with Payfast, shoppers in South Africa can pay with bitcoin at the thousands of merchants that have the payment method enabled.

The world is adjusting to Bitcoin, with some important global forums and organizations increasingly ready to accept it as the worldwide virtual currency.