Sentences with phrase «as a legal method of payment in»

The deal, also thought to be the first of its kind in the country, followed legislation in April that effectively recognized bitcoin as a legal method of payment in the country.

Not exact matches

Due to certain mix - up and corruption in Nigeria system» payments is being made by cash payment, «meaning» you will have to come to Nigeria in person for proper signing of all legal papers as this method was considered suitable for this process as advised and directed by the UN, FBI and CBN Governor so you will not be asked to pay any upfront fees.

If an imposter obtains key personal information such as a Social Security or Driver's License number, or other method of identifying an insured person in order to impersonate or obtain credit, merchandise or services in the insured person's name, the Outreach plans provide coverage for up to $ 500 for the reasonable, customary and necessary costs incurred by the insured for: re-filing a loan or other credit application that is rejected solely as a result of the stolen identity event; notarization of legal documents, long - distance telephone calls, and postage that has resulted solely as a result of reporting, amending and / or rectifying records as a result of the stolen identity event; up to three credit reports obtained within one year of the insured person's knowledge of the stolen identity event; and stop payment orders placed on missing or unauthorized checks as a result of the stolen identity event.

If an imposter obtains key personal information such as a Social Security or Driver's License number, or other method of identifying an insured person in order to impersonate or obtain credit, merchandise or services in the insured person's name, thePatriot Platinum plans provide coverage for up to $ 500 for the reasonable, customary and necessary costs incurred by the insured for: re-filing a loan or other credit application that is rejected solely as a result of the stolen identity event; notarization of legal documents, long - distance telephone calls, and postage that has resulted solely as a result of reporting, amending and / or rectifying records as a result of the stolen identity event; up to three credit reports obtained within one year of the insured person's knowledge of the stolen identity event; and stop payment orders placed on missing or unauthorized checks as a result of the stolen identity event.

If an imposter obtains key personal information such as a Social Security or Driver's License number, or other method of identifying an insured person in order impersonate or obtain credit, merchandise or services in the insured person's name, the Patriot Multi-Trip plans provide coverage for up to $ 500 for the reasonable, customary and necessary costs incurred by the insured for: re-filing a loan or other credit application that is rejected solely as a result of the stolen indentity event; notarization of legal documents, long distance telephone calls, and postage that has resulted solely as a result of reporting, amending and / or rectifying records as a result of the stolen identity event; up to three credit reports obtained within one year of the insured person's knowledge of the stolen identity event; and stop payment orders placed on missing or unauthorized checks as a result of the stolen identity event.

If an imposter obtains key personal information such as a Social Security or Driver's License number, or other method of identifying an insured person in order to impersonate or obtain credit, merchandise or services in the insured person's name, the Patriot GoTravel plans provide coverage up to $ 500 for the reasonable, customary and necessary costs incurred by the insured for: re-filing a loan or other credit application that is rejected solely as a result of the stolen identity event; notarization of legal documents, long dis - tance telephone calls, and postage that has resulted solely as a result of reporting, amending and / or rectifying records as a result of the stolen identity event; up to three credit reports obtained within one year of the insured person's knowledge of the stolen identity event; and stop payment orders placed on missing or unauthorized checks as a result of the stolen identity event.

After regulating digital currency exchanges in the country last year, the Japanese Diet has signed a landmark bill that will allow the use of digital currencies like bitcoin as a legal method of payment.

In Japan, about 4,500 stores already accept bitcoin as payment, after the Japanese Diet allowed the use of bitcoin and other digital currencies as a legal method of payment.

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.

While regulatory approval for bitcoin as a legal payment method in Kenya may still be a long way off, the debate shows people are beginning to see bitcoin and cryptocurrencies as an agent of change and innovation when it comes to financial services.

The government of Japan amended its fund settlement law in April 2017 to allow recognition of Bitcoin as a legal payment method.

Bitcoin adoption in Japan is gaining huge momentum as the Japanese government will soon be writing Bitcoin as a legal method of payment into law.

The unnamed new entity is set to launch April 1, the Nikkei reports, a year to the day after Japan's revised Payment Services Act — which recognizes bitcoin as a legal method of payment — kicPayment Services Act — which recognizes bitcoin as a legal method of payment — kicpayment — kicked in.

In April, Japan passed a new law recognizing bitcoin as a legal method of payment.

The Bank of Tokyo - Mitsubishi, the biggest Japan's financial body and the third largest in the world, has joined the Ripple blockchain net, as Japan accepts cryptocurrencies as a legal payment method.

Japan's Financial Services Agency (FSA) has issued its first warning under the country's revised payment services law — which recognizes bitcoin as a legal method of payment — to Macau - based Blockchain Laboratory, an unregistered firm reportedly pursuing investors in the country.

A good thing to know: Japan is among the earliest countries in the world to recognize and acknowledge bitcoin as a legal method of payment, following legislation that kicked in earlier this year.