Sentences with phrase «as conventional currencies»

Still, on the same pessimistic line, the SNB's Maechler says she does not believe cryptocurrencies will be broadly accepted as conventional currencies.

Last year, regulators in Japan announced a proposal to handle bitcoin in the same manner as conventional currencies.

to handle bitcoin in the same manner as conventional currencies.

As suggested by Forbes, the first thing which could send Bitcoin skyrocketing is increased adoption as a conventional currency — meaning as both a store of value and medium of exchange.

Not exact matches

But there are a lot of possible applications that can use Bitcoin as the medium of exchange while prices are set in a conventional currency such as the dollar.

Second, MasterCard and PayPal payments are based on conventional currencies such as the US dollar.

Bitpay customers price their products in conventional currencies such as the dollar.

Virtual currencies, he argued, are valued as highly as they are because of the «oxygen provided by the connection to standard means of payments and trading apps that link users to conventional bank accounts.»

Using daily foreign currency exchange rates for 23 conventional currencies and seven cryptocurrencies versus the U.S. dollar as available through late March 2017, they find that: Keep Reading

In their April 2017 paper entitled «Momentum in Traditional and Cryptocurrencies Made Simple», Janick Rohrbach, Silvan Suremann and Joerg Osterrieder compare the effectiveness of time series and cross-sectional momentum as applied to three groups of currency exchange rates: G10 currencies; non-G10 conventional currencies; and, cryptocurrencies.

They consider equities (S&P 500 Index), bonds (Markit ITTR110), commodities (S&P GSCI Total Returns Index), currencies (U.S. Dollar Broad Index), gold (COMEX close) and S&P 500 implied volatility (VIX) as conventional asset classes.

Working much like a fiat currency, it can be exchanged for conventional currencies such as dollars, yen, etc..

The DOLLAR INDEX is lower by 3.2 %, which is also in contravention of conventional wisdom as QE is done to weaken one's currency in an effort to aid the domestic economy.

The loan includes both dual currency tranches as well as conventional and Islamic (Shariah compliant) Murabaha tranches.

A Bitcoin Exchange or Digital Currency Exchange is a business that allows customers to trade digital currencies for other assets such as conventional fiat money or other digital currencies.

On the other hand, Bitcoin aims to become a globally adopted currency that could improve or even replace conventional money, and Ripple mainly serves as a payment network for financial institutions.

Office of the Comptroller of the Currency has a lot of catching up to do in dealing with innovative information technology, as it affects not only conventional finance, but also new channels of e-commerce made possible through advances in IT.

This gives NordFX traders a new hedging ability, as they can now conduct simultaneous deals with conventional currency pairs, silver and gold, all with interbank spreads starting at 0 points.

Until recently, officials at major central banks were happy to watch as pioneers in the field progressed by trial and error, safe in the knowledge that it was dwarfed by roughly $ 5 trillion circulating daily in conventional currency markets.

But as interesting as it is and as fast as it's growing, Bitcoin simply can't replace conventional, government - issued currency right now: your landlord probably won't take a Bitcoin payment over a rent check.

He mentioned that April onwards, ticket prices will be quoted on the group's website in conventional currencies as well as in BigCoin.

The Orioncoin platform offers credit cards for international usage, as well as the ability for users to move funds to fiat currencies and then shift them to a conventional bank account, all within a single platform.

Regulators in Japan have reportedly proposed treating digital currencies like bitcoin as methods of payment, a distinction that would make them legally equivalent to conventional currencies in the country.

One regulation that's already as good as implemented — platforms that exchange virtual currencies for conventional, physical money will soon have their customers» identity verified.

Some of the economists consider that flippening would be actually seen only when a cryptocurrency would become as famous as conventional fiat currency, and only when the economic environment would seem to be changed.

More to that, income received in Bitcoin and other digital currencies are taxed as conventional income tax.

He says that while decentralized cryptocurrencies such as bitcoin lack value because they are not anchored to either intrinsic value or a state - backed currency, a government - backed digital currency would provide even more pricing stability than conventional fiat currency: