Sentences with phrase «concern over currencies»

Last year's sluggish start can be partially credited to concern over currencies as well as the emerging markets outlook in a rising rate environment.
The restoration comes shortly after the company discreetly suspended the form of payment amid rising transaction fees and concerns over the currency's volatility.

Not exact matches

Bitcoin's value dropped below $ 8,000 on Friday morning, taking $ 100 billion off the cryptocurrency market as concerns grew over the future of digital currencies this week.
Sterling had been on a downward trend since the UK's vote to leave the EU, but reduced concerns over an abrupt break - up are sending the currency higher.
Many are cheaper this year as a result of currency fluctuations and concerns over terror attacks, he said.
Capital outflows lead to a weaker currency, which concerns the hordes of Chinese companies that borrowed debt in foreign currencies over the past few years and now have to pay it back with a weaker yuan.
Business circles are particularly concerned over the future of U.S. - China commercial ties as President - elect Donald Trump prepares to take office, having pledged to brand China a currency manipulator and threatened to impose tariffs on its goods.
The European Central Bank (ECB) President Mario Draghi's concerns over the impact of a strong euro on a weak euro zone economy raise the prospect of monetary easing to dent the currency's appeal, an analyst told CNBC.
BTCChina said its decision was based on a Sept. 4 directive from Chinese authorities that expressed concern over investment risks involved in cryptocurrencies and ordered a ban on so - called initial coin offerings, or ICOs — the practice of creating and selling digital currencies or tokens to investors to finance start - up projects.
Concerns over virtual currency exchanges are nothing new.
(c) Banks are apprehensive about boarding bitcoin entities over concerns related to money laundering activities which could be carried out by their newly boarded digital currency clients.
Bloomberg reports that China could boost its gold purchases from Hong Kong as much as 50 percent this year over concerns of currency devaluation, a slowing real estate market and shaky stocks.
The share price of Natural Resources, a company with a going concern warning in its financial reports, has risen by over 3,000 % since the company announced its intention of entering the digital currency realm and changing its name to Blockchain Holdings in a report sent to the TASE on October 17.
In an attempt to halt a currency crisis, and over concerns related to money - laundering, the Central Bank of Iran has banned the banks of the country from dealing in virtual currencies such as Bitcoin.
The Bank of Japan said it has no plan to issue a central bank digital currency due to concerns over financial stability.
Lately, regulatory concerns have been undercutting demand for digital currencies as of late, specifically a warning last week from the Securities and Exchange Commission over crypto - trading platorms, market participants said.
While North Korea's attack highlights concerns over security, Dimon's remarks represent the doubt of some mainstream traders and governments about virtual currencies.
The U.S. derivatives regulator will hold two meetings to discuss the procedure and operational controls for listing and trading digital currency futures, it said on Thursday, amid rising concerns over the risks bitcoin poses to the financial system.
However, while the Fed's mandate does not extend to reacting to the vagaries of the currency market or the dynamics affecting other economies, recent US dollar strength and wobbles in risk assets caused by concerns over the state of the Chinese economy can not be entirely ignored.
The global stock market rout of the past week was sparked by concerns over a possible interest rate rise by the U.S. Federal Reserve and not by the devaluation of China's yuan currency, a senior Chinese central bank official told Reuters on Thursday.
I'd be concerned with currency fluctuation if I only had US stocks (I'm not optimistic for that currency over the short term), but with a basket of global stocks (and hence global currencies) I'm not very worried.
Managing currency volatility was a chief concern for over 50 % of treasury managers owing to political uncertainty.
If there was genuine concern over the future trade policies of the United States, the currency markets would have been in turmoil.
However, it was not that long ago that we were concerned about currency wars where countries sought an advantage over their neighbours by devaluation in the hope of gaining an increased share of global markets.
Asian stocks edged up on Thursday as robust corporate earnings helped Wall Street quell concerns over a surge in U.S. bond yields, while the dollar hovered near three - month highs against a basket of currencies.
The actions of the CBN over the last 9 — 12 months to wit, improving the foreign currency liquidity in the market, establishment of various windows within the Nigerian foreign exchange market and ensure timely execution and settlement for eligible transactions etc., has eased the concerns of such institutions and encouraged them to continue lending to Nigerian companies.
Bitcoin prices (BTC / USD) were down at the start of Friday trading, but were poised for a dramatic weekly rise amid easing concern over the future of the digital currency.
While such volatility is not uncommon in the world of cryptocurrency, it goes to show there is still some concern over the future price stability of this currency.
We have grave concerns about [the craze over] virtual currency and [a shutdown] would be one of the goals we are aiming for.»
BTCChina said its decision was based on a Sept. 4 directive from Chinese authorities that expressed concern over investment risks involved in cryptocurrencies and ordered a ban on so - called initial coin offerings, or ICOs — the practice of creating and selling digital currencies or tokens to investors to finance start - up projects.
The Chinese government apparently was concerned over investor speculation in the digital currency, and in particular in the use of Bitcoin to move money outside the country.
Earlier this month, for example, it plummeted 25 % over five days after concerns grew that a new currency called Bitcoin Cash, which promises to speed up transactions, would make Bitcoin itself a less attractive payment option.
Concern about the bitcoin hard fork — a protocol designed to address slow transaction times as currency use increases — carried over from 2016 into 2017, a concern that gave many observers uncertainty about bitcoin's Concern about the bitcoin hard fork — a protocol designed to address slow transaction times as currency use increases — carried over from 2016 into 2017, a concern that gave many observers uncertainty about bitcoin's concern that gave many observers uncertainty about bitcoin's future.
Saudi Arabia's partnership with the virtual currency company comes after Gulf regulators have expressed concerns over Bitcoin and the cryptocurrency market's lack of regulation.
With a crazy rush of investors registering on crypto exchanges and given concerns over issues connected with money laundering and tax evasion, the South Korean government banned the opening of any virtual accounts on the exchanges last month and even asked the existing virtual currency traders to change their virtual accounts to the ones with real names.
Officials cited concerns over the volatility of the currency and felt that it was likely to depreciate in value, prompting the government to sell off the coins.
News Over the past few months there's been a lot of internet chatter concerning the digital currency tether (USDT) and whether or not it's really backed by U.S. dollars.
The government expressed concerns over the cost of securely storing the seized currency for a long period of time, favoring the sale of the coins instead.
As concerns grow over crypto - mania in the country, South Korea's government is doubling down on efforts to rein in trading of virtual currencies like bitcoin.
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