Sentences with phrase «accepting the currency as»

This is something most companies are aware of, and if they want to keep up they might be forced to start accepting the currency as well.
In the coming year, we could see how this currency could keep growing if more stores accept this currency as a means of payment.
If major Internet retailers were to start accepting the currency as payments, they would drive increased adoption and investor confidence.

Not exact matches

As for why Pornhub is only accepting Verge cryptocurrency payments, a relatively obscure digital currency, a spokesman for the adult entertainment website said that its users specifically asked for it.
Besides local currencies Stripe allows you to accept Bitcoin or local payment instruments such as Alipay.
Also, several major tech companies — including Dell, PayPal, DISH Network and even Microsoft — began accepting the virtual currency as a form of payment this year.
The owner of a Subway shop in Allentown, Pa., is now accepting the virtual currency as payment for sandwiches.
Although the lack of jurisdiction over Bitcoin and its links to money laundering and illicit marketplaces have raised more than a few eyebrows, the currency offers a simple way for legitimate businesses such as small retailers and professional service providers to accept payments for international sales without facing onerous credit card fees or exchange - rate surcharges.
In countries that accept it, you can buy groceries and clothes just as you would with the local currency.
University of Nicosia in Cyprus announced today that it will accept the digital - only currency as legal tender for tuition and fees.
In 2013, bitcoin's valuation didn't just skyrocket, but its infrastructure, services, and adoption exploded as well, culminating in recent announcements that major online retailer Overstock.com and NBA team the Sacramento Kings would accept the digital currency as payment.
Some online merchants that accept bitcoin as payment, according the FTC, may not deliver the product on time or may only offer refunds in the form of store credit, not currency: «That is why it is important to always know the seller and their policies before making a purchase.»
In order for bitcoin to be a real currency, Adeney claims, it must be three things: easy and frictionless for trading between people, widely accepted as a legal tender for all debts (both public and private) and stable in terms of value.
Instead, the sale is conducted over a website where the company accepts digital currency such as bitcoins or ether (or credit cards in the case of some overseas transactions) and the investors receive digital tokens.
Yesterday, a Thai - based Bitcoin exchange approached the Bank of Thailand seeking the bank's approval to regulate Bitcoin as an accepted currency.
Bitcoins aren't yet formally recognized by governments as a currency but with some regulation I hope that it will become more widely accepted.
We are accepting digital currency payments, such as Bitcoin, Litecoin, Ethereum, Dash, Digibyte, Monero & Bitcoin Cash.
The site already accepts deposits through standard currencies as well as legacy Bitcoin or SegWit1x (BTC).
Some may accept credit card payments, wire transfers, postal money orders, or other forms of payment (such as another virtual currency), in exchange for Ether or other virtual currencies.
FinCEN's regulations define currency (also referred to as «real» currency) as «the coin and paper money of the United States or of any other country that [i] is designated as legal tender and that [ii] circulates and [iii] is customarily used and accepted as a medium of exchange in the country of issuance.»
Such risks and uncertainties include, but are not limited to: our ability to achieve our financial, strategic and operational plans or initiatives; our ability to predict and manage medical costs and price effectively and develop and maintain good relationships with physicians, hospitals and other health care providers; the impact of modifications to our operations and processes; our ability to identify potential strategic acquisitions or transactions and realize the expected benefits of such transactions, including with respect to the Merger; the substantial level of government regulation over our business and the potential effects of new laws or regulations or changes in existing laws or regulations; the outcome of litigation, regulatory audits, investigations, actions and / or guaranty fund assessments; uncertainties surrounding participation in government - sponsored programs such as Medicare; the effectiveness and security of our information technology and other business systems; unfavorable industry, economic or political conditions, including foreign currency movements; acts of war, terrorism, natural disasters or pandemics; our ability to obtain shareholder or regulatory approvals required for the Merger or the requirement to accept conditions that could reduce the anticipated benefits of the Merger as a condition to obtaining regulatory approvals; a longer time than anticipated to consummate the proposed Merger; problems regarding the successful integration of the businesses of Express Scripts and Cigna; unexpected costs regarding the proposed Merger; diversion of management's attention from ongoing business operations and opportunities during the pendency of the Merger; potential litigation associated with the proposed Merger; the ability to retain key personnel; the availability of financing, including relating to the proposed Merger; effects on the businesses as a result of uncertainty surrounding the proposed Merger; as well as more specific risks and uncertainties discussed in our most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.cigna.com as well as on Express Scripts» most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.express-scripts.com.
One issue is that although many of the big institutions are curious about how bitcoin's underlying blockchain technology could revolutionize the financial sector, bitcoin isn't widely accepted as currency and has no intrinsic value.
And thanks to the flexibility of the Ripple protocol, which seamlessly manages all necessary currency conversions behind the scenes, holders of XAU can spend their gold wherever Bitcoin is accepted, such as Overstock, Expedia, and most recently, Dell.
Jurisdictions where regulators have accepted cryptocurrency either as a financial asset or as an alternative currency and have enacted specific legislation that permits the public to utilize cryptocurrency.
We might not be the first major autoresponder to accept crypto currency as a form of payment, but we're one of the first for sure
While Bitcoin represents a great currency for trading, there aren't too many platforms that accept the digital currency as market trading collateral.
««Virtual currencies» means a digital representation of value that is neither issued by a central bank or a public authority, not attached to a legally established currency, which does not possess the legal status of currency or money, but is accepted by natural or legal persons as a means of exchange or for other purposes, and can be transferred, stored or traded electronically.
Ethereum, Bitcoin Cash and Litecoin have now been added to the list of transactional currencies which can be used to purchase gold bullion and silver bullion at BullionStar.Since May 2014 BullionStar has accepted Bitcoin as a payment option and was... [Read More]
As we approach an age when more merchants accept digital currency, mobile wallets have become an increasingly popular storage choice.
If so, then these needs to be traded on the open stock markets & accepted as payment just as a US Dollar for services, debts and any other purpose that the currency serves as.
Transferwise, the Estonian - born, London - based peer - to - peer currency exchange company, recently ceased accepting Bitcoin as a currency.
For much of my career I pretty much accepted the consensus, but as I started to think more seriously about the components of the balance of payments, I realized that when Keynes at Bretton Woods argued for a hybrid currency (which he called «bancor») to serve as the global reserve currency, and not the US dollar, he wasn't only expressing his dismay about the transfer of international status from Britain to the US.
It could also increase Beijing's bargaining power to convince Aramco to accept yuan payments for its oil instead of U.S. dollars, as China is trying to make its currency a global one.
The FINCEN definition of currency: The coin and paper money of the United States or any other country that is (1) designated as legal tender and that (2) circulates and (3) is customarily accepted as a medium of exchange in the country of issuance.»
It should come as no surprise, then, that some food trucks are already accepting bitcoin, the innovative digital currency that has been skyrocketing in value lately.
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.
While virtual currencies do not have legal tender status in any jurisdiction, they operate like «real» currency in that they are accepted as a medium of exchange.
Tom Taylor, head of Amazon payments, told Re / code in an interview that the company has mulled over the idea of accepting the digital currency as a form of payment, but it has declined to implement.
Japan just allowed Bitcoin to be used as an accepted currency, and this event means that the computer could be on the verge of entering a new megatrend.
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.
If you accept currency risk then why concentrate in the US when you can just as easily buy a fund diversified across the entire world?
African countries main income is from exporting of goods and services, and with Bitcoin being accepted as a form of currency it has made sending and receiving money across borders more secure and easier.
We're pleased to announce that Singapore has a bustling Bitcoin market, with more and more merchants accepting the digital currency as a payment method.
- + * Businesses that choose to accept virtual currencies such as Bitcoins for their remuneration or revenue are subject to normal income tax rules.
If one takes a few minutes to really think about the medium that we accept as money today, fiat currencies made out of cotton fiber backed by nothing except militaries, murder, death, and threats of murder and death, then one should easily conclude that fiat currencies literally have no intrinsic worth.
As there are very few exchanges that accept fiat currency directly, most of the XMR purchases are conducted with Bitcoin.
So, that is, accepting the digital currency today is completely legal; this means MonaCoin and other cryptos can be used as a medium of payment in businesses, stores, or restaurants.
Even where accepted, a currency whose value can swing 10 percent or more in a single day is useless as a means of payment.
We're pleased to announce that the UK has a bustling Bitcoin market, with more and more merchants accepting the digital currency as a payment method.
On Tuesday, the government announced that it will not accept the native currency as payment for the petro.
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