Sentences with phrase «by national currencies»

Tether is a cryptocurrency project focused on providing price stable assets on the Bitcoin blockchain that are pegged to the value of and backed by national currencies.
We minimize the risks associated with the internal market, however, no Central Bank has all the tools that control the market, cross-border, so at least we need to prevent the risk by the national currency.

Not exact matches

That's why the bank launched a $ 300 - million revamp of the national currency last year, which will see Canada gradually convert from paper bills to polymer (using a fabrication process pioneered by Australia).
It started with the Swiss National Bank's (SNB) decision to unpeg its currency from the euro earlier this month, followed by a larger - than - expected bond - buying program from the European Central Bank (ECB) on January 22.
On March 19, 2018, the US Department of the Treasury issued guidance regarding virtual currency sanctions levied by its Office of Foreign Assets Control (OFAC), explaining that OFAC may add specific digital currency addresses to the Specially Designated Nationals (SDN) List.
And they are to relinquish public spending to private contractors, and not to interfere with the international flow of investment funds, not even to impede capital flight by domestic elites or speculation against their national currencies.
As Europe's banking crisis deepens, Greece's and Spain's fiscal crisis spreads throughout Europe and the US economy stalls, most discussions of how to stabilize national finances assume that only two options are available: «internal devaluation» — shrinking the economy by cutting public spending; or outright devaluation of the currency (for countries that have not yet joined the euro, such as Eastern Europe).
The deal about this kind of services is that they only convert bitcoin into rubles and execute payments by using the national Russian currency and so there are no reasons for the Russian government to consider it illegal.
A digital currency not backed by any national bank as of yet, bitcoin attempts to remove all intermediaries in transactions.
The National Bank of Greece study was published Tuesday as Greece heads to new general elections on June 17, amid Europe - wide concern of broader financial turmoil if Greece's place in the single currency is threatened by a victory for an anti-austerity party.
This is one of the first countries to provide clarity on how Bitcoin and other crypto currencies are interpreted by National governments today.
Home prices across Greater Vancouver, in British Columbia, are set to depreciate by 8.5 % year - over-year in 2017, dragged down by the recent Land Transfer Tax on Foreign Nationals and China's State Administration of Foreign Exchange imposing new, stricter requirements on currency conversions.
This specifically extends to «miners» of the bitcoin currency who may have to register as MSBs and abide by the legal requirements of being a money transmitter if they sell their generated bitcoins for national currency and are within the United States.
Thus by the war's end, or not long thereafter (for the implementation of the 10 % tax was eventually delayed until August 1866), national banks had become the country's only suppliers of banknotes, which, together with U.S. Treasury notes («greenbacks») also authorized during the war, made up the total stock of United States paper currency.
You know currencies that are created by Central Banks or national governments and that can be created without any restraints.
Digital currencies fulfill this potential by allowing people to make international transactions, for example, without the barrier of national currencies.
enezuela has offered India a 30 - percent discount on crude oil purchases, but only if India agrees to pay in El Petro, the cryptocurrency that Venezuela is touting as the first national digital currency backed by crude oil reserves.
Bitcoin, in fact, has been shown it can used to approximate unofficial rates of currency exchange to reveal how they are secretly applied by various national governments.
Stock and currency markets are still grappling with Thursday's surprise move by the Swiss National Bank to unhinge its currency from the euro.
Bank of Russia: «It's Time to Develop National Cryptocurrencies» Jun 2, 2017 by Stan Higgins Russia's central bank believes the time is right to develop and launch its own digital currency, one of its senior officials said today.
MasterCard is open to the idea of using future national digital currencies issued by Central banks, according to co-Chairman of Mastercard Asia / Pacific.
Venezuelan President Nicolas Maduro plans to follow through with his new national digital currency, the petro, by issuing 100 million units of the new currency.
But to the extent that it ignores the finger Lincoln points at the Civil War — to the extent that it forgets the decimation of a generation of young Americans at the beginnings of manhood; to the extent that it forgets the windrows of corpses at Shiloh, the odor of death in the Wilderness, the walking skeletons of Andersonville, 623,000 dead all told, not to mention the interminable list of those crippled, orphaned, and widowed whose pensions became the single largest bill paid by the federal government for the following half - century; to the extent that it ignores how the war cost the United States $ 6.6 billion, rocketed the national debt from $ 65 million to $ 2.7 billion, retarded commodity growth for the next thirty years, and devalued its currency — then the call for reparations opens itself up to a charge of willful forgetfulness so massive that resentment, anger, and bitterness, rather than justice, will (I fear) be its real legacy.
For virtually no problems faced by and politically debated within these societies are without a moral dimension, including very technical economic problems (such as, say, the prime lending rate or rates of exchange between national currencies).
In Red Famine, Applebaum makes unmistakably clear that the Holodomor, the terror famine in Ukraine that took some four million lives in 1932 - 33, was artificially created and ruthlessly enforced by Lenin's heir, Stalin, to break Ukraine's national spirit while providing the faltering Soviet economy with hard currency from agricultural exports.
Then, to the crowd again, «What he is talking about is U.S. currency, bearing Caesar's image, resting in the First U.S. National Bank, each depositor insured up to $ 100,000 by FDIC, an independent agency of the U.S. government — and he wouldn't have it any other way.
He also warned that Salmond's plans to refuse to pay Scotland's share of the national debt if Westminster rejected a currency union would be viewed as a default by credit rating agencies.
Point 3 seems to state that the central bank of a common currency area could work more efficient and be more credible when it is independent, compared to national central banks which may be controlled by the government.
The system of regions and states preserving their autonomy in relation to local matters such as education, healthcare, language, chieftaincy, local government, intra-state commerce, local policing etc. while federating together regarding matters such as currency, defence and national security, foreign relations, customs and excise etc. liberates diverse peoples by removing the fear of obliteration of their local identity while allowing for synergies at the national level that benefit everyone.
This dollar buying also increases the number of USD in its own central bank, and that increases the «national value» of Canada, which increases the value of its own currency; however it can mitigate this, if it wishes to have a cheaper currency than the USD, by simply printing more.
Following the filing of fresh charges of illegal possession of foreign and local currencies said to have found in the houses of former National security Adviser, Colonel Sambo Dasuki (rtd), the ex-NSA has protested the plan by the...
The gap between the contract price the government pays importers and the lower sale price set by the National Petroleum Authority left the importers short as the currency fell.
The President had equally ordered a full scale investigation into the discovery of large amounts of foreign and local currencies by the Economic and Financial Crimes Commission (EFCC) in a residential apartment at Osborne Towers, Ikoyi, Lagos, over which the National Intelligence Agency (NIA) made a claim, hence suspending the DG, Ambassador Ayo Oke.
Following the filing of fresh charges of illegal possession of foreign and local currencies said to have found in the houses of former National security Adviser, Colonel Sambo Dasuki (rtd), the ex-NSA has protested the plan by the federal government to arraign him in a secret -LSB-...]
Following the filing of fresh charges of illegal possession of foreign and local currencies said to have found in the houses of former National security Adviser, Colonel Sambo Dasuki (rtd), the ex-NSA has protested the plan by the federal government to arraign him in a secret trial.
Also, the President has ordered investigation into the discovery of large amounts of foreign and local currencies by the Economic and Financial Crimes Commission (EFCC) in a residential apartment at Osborne Towers, Ikoyi, Lagos, over which the National Intelligence Agency (NIA) has made a claim.
Wolf Creek, by Sonya Harnett, Australian Screen Classics series, Currency Press and the National Film and Sound Archive, Strawberry Hills and Canberra, 2011.
(36) But however personal the film, Santa Sangre still bears a smattering of political critique, whether in the American stars - and - stripes splashed around the gringo circus, the emblematic eagle symbolising American currency instead of Mexican national identity (as on the Mexican flag), starving slum dwellers feeding off the waste (a dead elephant symbolising Christ) of the gringo circus, the syncretic Santa Sangre church being destroyed by Catholic officials and greedy developers, etc..
Government bonds are similar to corporate bonds with the exception that they are issued by a national government, and in the country's own currency.
Central banks play an integral role in market economies by maintaining the stability and credibility of national currencies used in those economies.
fixed - income securities issued by a national government in that country's local currency; in addition to the credit risks presented by the issue and the issuing country, may also be subject to currency risk
A loan broker shall comply with the provisions of the federal Gramm - Leach - Bliley Act, 15 United States Code, Section 6801 et seq. (1999) and the applicable implementing federal Privacy of Consumer Information regulations, as adopted by the Office of the Comptroller of the Currency, 12 Code of Federal Regulations, Part 40 (2001); the Board of Governors of the Federal Reserve System, 12 Code of Federal Regulations, Part 216 (2001); the Federal Deposit Insurance Corporation, 12 Code of Federal Regulations, Part 332 (2001); the Office of Thrift Supervision, 12 Code of Federal Regulations, Part 573 (2001); the National Credit Union Administration, 12 Code of Federal Regulations, Part 716 (2001); the Federal Trade Commission, 16 Code of Federal Regulations, Part 313 (2001); or the Securities and Exchange Commission, 17 Code of Federal Regulations, Part 248 (2001), if the loan broker is a financial institution as defined in those regulations.
It is issued by the national government in a foreign currency in order to finance the issuing country's growth and development.
Sovereign debt is issued by the national government in a foreign currency in order to finance the issuing country's growth and development.
Although sovereign debt will always involve default risk, lending money to a national government in the country's own currency is referred to as a risk - free investment because with limits, the debt can be repaid by the borrowing government by raising their taxes, reducing spending, or simply printing more money.
70,000 contracts on the first day It led to the start of the first currency futures trading at the National Stock Exchange (NSE) in India launched by the Finance Minister at that time, P Chidambaram.
The majority of currency trades are not done by people, international banks, businesses and the national banks...
It doesn't replace federal printed currency, but augments it by getting people to make the practical and symbolic gesture of supporting local businesses before national chains.
The programme was supposed to apply «temporarily» but without an explicit limitation in time, and allowed both national central banks and the ECB to buy on the secondary market eligible marketable debt instruments issued by the central governments or public entities of the Member States whose currency is the Euro; as well as on the primary and secondary markets eligible marketable debt instruments issued by private entities incorporated in the Euro area.
There are only two fundamental differences between bitcoin and national currencies: (1) bitcoin is issued by an algorithm rather than a central bank so predictable machines rather than arbitrary humans control the «printing» and the total amount of bitcoin; (2) creditors can sue you if you present bitcoin to settle a debt denominated in national currency but if you present the currency it will be a defence to the creditor's suit under some form of a «legal tender» statute (Currency Act, RSC 1985, c C - 52 in Canada; 31 U.S. Code § 5103 in currency but if you present the currency it will be a defence to the creditor's suit under some form of a «legal tender» statute (Currency Act, RSC 1985, c C - 52 in Canada; 31 U.S. Code § 5103 in currency it will be a defence to the creditor's suit under some form of a «legal tender» statute (Currency Act, RSC 1985, c C - 52 in Canada; 31 U.S. Code § 5103 in Currency Act, RSC 1985, c C - 52 in Canada; 31 U.S. Code § 5103 in the US).
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