Sentences with phrase «bitcoin as a financial instrument»

As far as how bitcoin is perceived in the financial world, the majority of nations that have drafted rules and regulations view bitcoin as a financial instrument similar to gold or stocks.

«As much as we believe that bitcoin as a financial instrument can be a valuable tool, we basically have the opinion that it is going to take longer than we thought» — says Tsvetnenko.

Fisco isn't alone in having bullish expectations for bitcoin as a financial instrument in Japan.

He further outlined that while many bitcoin proponents have been wowed by the recent opening of bitcoin future contracts on CBOE and other regulated exchanges, these developments do not necessarily signal a widespread acceptance of the bitcoin as a financial instrument.

Not exact matches

Russian Deputy Finance Minister Alexey Moiseev told Bloomberg in an interview this week that the authorities hope to recognize bitcoin and other cryptocurrencies as a legal financial instrument in 2018 in a bid to tackle money laundering.

The Bitcoin Deutschland AG is acting as tied agent of the FIDOR Bank AG within the meaning of § 2 Section 10 of the Banking Act and provides the system or the completion of financial instruments in accordance with § 1 Section 1a Sentence 2 No. 1 of the Banking Act exclusively in the name and for the account of the FIDOR Bank AG.

On 6 August 2013, Federal Judge Amos Mazzant of the Eastern District of Texas of the Fifth Circuit ruled that bitcoins are «a currency or a form of money» (specifically securities as defined by Federal Securities Laws), and as such were subject to the court's jurisdiction, [274][274] and Germany's Finance Ministry subsumed bitcoins under the term «unit of account» — a financial instrument — though not as e-money or a functional currency, a classification nonetheless having legal and tax implications.

The customer acquires the virtual currency «bitcoin» which in the opinion of the Bundesanstalt für Finanzaufsicht (BaFin)(Federal Financial Supervisory Authority) are units of account and therefore regarded as financial instruments pursuant to § 1 paraFinancial Supervisory Authority) are units of account and therefore regarded as financial instruments pursuant to § 1 parafinancial instruments pursuant to § 1 para. 11 KWG.

This may differ from other DMBA ETPs that may provide Bitcoin exposure through other means, such as the use of financial or derivative instruments.

Even if Bitcoin Futures Trading is not for you, there are plenty of other ways that you can get some Bitcoin to hold and watch as it grows into a nice financial instrument that will eventually provide you with security and financial stability.

If bitcoin were to be included as a financial instrument under local laws, it would boost Fisco's business with new financial offerings.

Of course its additions to verifiable bitcoin gambling, and the potential to create some of the more obscure financial instruments both represent a positive factor for some important parts of the bitcoin community as well.

The spread of derivative products, an advanced financial instrument, in the industry indicates that bitcoin as a currency has reached an important point in its development.

Binary options are a type of financial instrument that allows individuals to bet on whether the value of an underlying asset, such as a stock, bond or even bitcoin, will be higher or lower after a specific pre-determined time period.

Major coins such as Bitcoin and Ethereum are slowly entering the financial mainstream as traditional exchanges increasingly offer related instruments, and merchants begin to accept more cryptocurrencies as payments.

This comes after Merrill Lynch told employees last month not to offer clients Grayscale's Bitcoin Investment Trust (GBTC), a financial instrument directly holding the digital coin, as the brokerage broadly eschews the virtual currency.

The price of bitcoin, the most popular and well - known blockchain - based digital currency, had shot up dramatically — and then fallen as rapidly — in December, prompting concerns about a bubble in a financial instrument whose investment value is still being hotly debated.

First, it would serve to establish the longer - term principle that bitcoin trading does not require regulation as a government - issued financial instrument (as other jurisdictions have done).