Sentences with phrase «central bank or financial institution»

Not exact matches

When the financial system comes under stress, a central bank may need to calm financial markets through open market operations or act as the lender of last resort to financial institutions to forestall bank runs.

A plausible model would be that issuance would be by the central bank, with distribution and transaction verification by authorised entities (which might or might not include existing financial institutions).

Investigators are said to be taking a good look at Bitcoin and its underlying technology, as a means of measuring cryptocurrency's overall risk to central banking and traditional financial institutions, while also assessing whether or not regulatory measures are necessary.

At the identical time, the central financial institution has formally banned regulated entities resembling banks from coping with or offering companies to people or companies coping with digital currencies.

On the account of the various financial impropriety crusade led by so called fringe financial institutions like the DKM Micro Finance, God is Love and several others through their activities and other engagement with the central bank of Ghana, a significant number of Ghanaians have huge sums of monies hijacked with no or little convincing information available to these helpless victims to curtail their anxieties, frustrations and disappointments.

In its discount window operations during crisis times, that is, when acting as lender of last resort to some institution or IPC, the central bank will also often have to act as market maker of last resort because it will have to value financial instruments for which no meaningful market price is available.

Blockchain allows customers and suppliers to connect directly, without the need for a central entity, like a bank or financial institution, to make a transaction.

In order to increase financial stability — discouraging bank runs, for example — central banks impose reserve requirements, forcing these institutions to keep a certain portion of their funds either as vault cash or in accounts at the central bank.

Reserve currency is a foreign currency that is held by major financial institutions such as central banks with the purpose of realization the currency intervention and settling the intergovernmental reclamations or affecting the domestic exchange rate.

As I understand it the Central Bank prints money, or creates it in a computer and uses it to buy back Government Bonds held by banks and other financial institutions.

The key difference between those crypto networks and traditional financial institutions is that there is no central authority, like a bank or a government, storing and guarding everyone's money — hence the countercultural appeal.

Investigators are said to be taking a good look at Bitcoin and its underlying technology, as a means of measuring cryptocurrency's overall risk to central banking and traditional financial institutions, while also assessing whether or not regulatory measures are necessary.

Morini goes on to conclude that new business models based on distributed accounting and blockchain - based smart contracts will require additional regulatory clarity to scale, and that digital currencies or assets will need to be convertible with central bank accounts or at financial institutions.

As Cointelegraph previously reported, in February 2018, the Central Bank of Thailand ordered financial institutions not to interact with cryptocurrencies or ICOs before the new regulations had come into effect.

The blockchain is a decentralized ledger where records of all transactions are held not by a central clearing house (such as a bank or other financial institution) but by each member of the network, therefore removing the need for a trusted third party.

Encouraging words aside, the central banker dismissed the notion that cryptocurrencies could be compared to fiat money like the yen or the dollar by claiming the latter are backed by central banks while cryptos do not see any issuer like a «central bank, corporation or a financial institution» and therefore, according to him, lacks a user's trust.

According to a statement released by the Indian central bank, Reserve Bank of India, regulated financial institutions in India will no longer be able to do business with any individual or company involved in cryptocurrencbank, Reserve Bank of India, regulated financial institutions in India will no longer be able to do business with any individual or company involved in cryptocurrencBank of India, regulated financial institutions in India will no longer be able to do business with any individual or company involved in cryptocurrencies.