Sentences with phrase «by accepting digital currencies»

GMO Internet Group has worked with cryptocurrency through its regular internet - based business activities by accepting digital currencies as payment as well as starting an exchange and trading service.

Not exact matches

The pace at which that occurs will be determined by how quickly those involved in digital currencies accept and adapt to a real regulation and adjust such currencies to better protect consumers and investors.
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 the seller
PayPal is taking another small step in helping digital currency, particularly bitcoin, enter the mainstream by helping their merchants accept bitcoin payments...
By enabling bitcoin payments for gift cards, the Gyft - BitPay partnership essentially opens the door to let bitcoin fans indirectly spend the digital currency at numerous stores that don't currently accept bitcoins themselves.
««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.
The Bank of Israel and the ministry stress that digital currencies are not legal tender, nor are they issued or backed by a central bank, which means there is not legal requirement for anyone to accept or exchange them.
Tapping into a new and innovative digital currency community in which bitcoins can be earned and saved by users across the globe, the Kings have begun to accept bitcoins in the Kings Team Store through a simple checkout process, and will offer fans the ability to pay online for team merchandise and tickets by March 1.
By no longer accepting credit card or wire transfers as a payment, and switching to digital currency, you can service customers from all around the world.
The proposal defines «virtual currencies» as a digital representation of value that can be digitally transferred, stored or traded and accepted by natural or legal persons as a medium of exchange, but does not have legal tender status.
By witnessing bitcoin's low transaction fees in - person, Purse hopes more San Francisco merchants will begin to accept the digital currency as well.
By enabling bitcoin payments for gift cards, the Gyft - BitPay partnership essentially opens the door to let bitcoin fans indirectly spend the digital currency at numerous stores that don't currently accept bitcoins themselves.
While there are still not many businesses accepting bitcoin in Taiwan so far - with most users seeing it as an investment - BitoEX plans to promote the use of digital currency by opening up its API and holding a hackathon to develop new use cases.
UATP, a payment network privately owned by 30 airline companies and operating for the benefit of the global airline industry, announces today it now offers its network of 260 + airline companies, the ability to accept payments in the digital currency.
Snoop Dogg's representatives later said in an interview that he was not serious about accepting bitcoin, but the news brought waves of attention to the digital currency by the general public.
«A crucial hurdle» for bitcoin is whether major financial institutions will accept the digital currency as collateral, said Blanch, who is considered by many to be one of the best commodity analysts on Wall Street.
India has not started accepting any digital currency, But looking at the frequent rise and acceptance by most developed countries, we can say Bitcoin will go long.
In announcing the integration, RingPlus cited the desire to appeal to a broader audience of digital currency users by accepting bitcoin as well as litecoin and dogecoin.
Digital currencies are defined in the document as «convertible virtual currencies, including crypto - currencies or similar concepts where the concept is accepted by persons as a means of payment for goods or services, a unit of account, a store of value or a commodity.»
As reported by Bloomberg, Soros» firm is the third - largest shareholder of the e-commerce company — which, in addition to notably becoming the first major retailer to accept digital currencies as a valid form of payment in August 2017, plans on starting its own cryptocurrency exchange and offering its own digital coins.
More than half of people think cryptocurrency will be accepted in shops and on buses by 2025, with one in five already banking some digital currency.
The 2012 ECB report defined virtual currency as «a type of unregulated, digital money, which is issued and usually controlled by its developers, and used and accepted among the members of a specific virtual community».
Merchants already using PagPop can now accept the digital currency by default, with no need to install additional software.
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