Sentences with phrase «consumer uses of the cryptocurrency»

According to the developers, Dash's transfer speed allows more consumer uses of the cryptocurrency.

Not exact matches

And, in the grand scheme of things, it is mostly true today that cryptocurrencies don't have meaningful «industrial [or] consumer use except as a medium of exchange.»

Today's infographic comes to us from NetCents, and it highlights the growing acceptance of cryptocurrency by retailers and a willingness for consumers to consider using it.

In the email, the spokesperson said: «I can confirm that we no longer allow the purchase of cryptocurrencies via Interac Online Payments or by using a retail consumer Mastercard - branded credit or debit card.»

According to the Cambridge Center for Alternative Finance, 75 % of US consumers who owned cryptocurrencies in 2016 used those currencies for payments within a 12 - month period, unique active users of cryptocurrency wallets numbered between 2.9 and 5.8 million in 2017, and 48 % of Coinbase users use Bitcoin as a «transactional medium» — defined as making one payment per year.

Today's infographic highlights the growing acceptance of cryptocurrency by retailers and a willingness for consumers to consider using it.

With millions of users, Kik hopes to drive mainstream consumer adoption of Kin, potentially making it the most adopted and used cryptocurrency in the world.

Described as a fact - finding inquiry into the policies and practices of platforms used by consumers to trade cryptocurrencies, the AG labeled the move the Virtual Markets Integrity Initiative.

The fake website set up by the Securities and Exchange Commission contains many of the elements — including a countdown timer — that cryptocurrency scams use to pressure consumers.

The increasing use of cryptocurrency led the country's Securities and Exchange Commission to begin looking at ways to regulate ICOs and exchanges in order to protect consumers.

Now former South African entrepreneur Hannes van Rensburg has entered the fray by questioning the sustainability of cryptocurrencies for wider use by consumers.

AriseBank and its co-founders Jared Rice Sr. and Stanley Ford allegedly offered and sold unregistered investments in «AriseCoin» cryptocurrency by depicting it as a first - of - its - kind decentralized bank offering a variety of consumer - facing banking products and services using more than 700 different virtual currencies, the SEC's statement continues.

While the report acknowledges that cryptocurrencies can be used to facilitate remittances and other consumer payments, by trading into and out of fiat currencies, it said that «due to the lack of a legal premise, the bank is unable to endorse such activities in Namibia at the moment.»

March 20, 2018 — Eligma, an AI - driven and blockchain - based cognitive commerce platform, is about to revolutionize the shopping domain by introducing the use of cryptocurrencies into the consumer mainstream.

What's even better is that consumers will be able to create new wallets, create backup copies of old wallets, and even exchange fiat currency and other cryptocurrencies using atomic swaps.

Both consumers and businesses using and investing in cryptocurrency need to ensure that they can adequately protect and secure private keys and establish the integrity of any exchange involved in their transactions.

A government official recently quoted by the Hindustan Times said the government had two issues with cryptocurrency: the source of funds being used to buy them and whether existing exchanges are adequately protecting the consumer.

Tokyo - headquartered bitbank, Inc. provides fundamental services of cryptocurrency that facilitate the use of bitcoin for both consumers and merchants, online and offline.

With millions of users, Kik hopes to drive mainstream consumer adoption of Kin, potentially making it the most adopted and used cryptocurrency in the world.

Some of the salient Rucoin features include the cryptocurrencies being stable and the same being able to be used by consumers to receive different good and services.

Eidoo has surpassed 100,000 downloads of its app that offers consumers a simple, easy - to - use multi-currency wallet and hybrid exchange for their cryptocurrencies.

While the transparent and decentralized nature of cryptocurrencies has multiple applications for consumers, their use within the financial ecosystem presents problems.

This decision by WU is expected to adversely affect the operation of virtual currency exchanges, as well as the consumers using cryptocurrencies.

The article also outlined the potential role a central bank - backed cryptocurrency could play, noting that consumers are already increasingly using digital payment systems instead of cash.

It should come as no surprise to find out a lot of people have heard of Bitcoin by now, even though very few consumers have used the cryptocurrency so far.

As CCN reported, the integration of cryptocurrencies by Kakao will allow 12,000 merchants using KakaoPay to accept cryptocurrencies with ease, millions of users on KakaoTaxi, KakaoPay, and potentially KakaoTalk, to send and receive cryptocurrencies, and tens of millions of consumers to utilize cryptocurrencies as a payment method.

the integration of cryptocurrencies by Kakao will allow 12,000 merchants using KakaoPay to accept cryptocurrencies with ease, millions of users on KakaoTaxi, KakaoPay, and potentially KakaoTalk, to send and receive cryptocurrencies, and tens of millions of consumers to utilize cryptocurrencies as a payment method.

And, in the grand scheme of things, it is mostly true today that cryptocurrencies don't have meaningful «industrial [or] consumer use except as a medium of exchange.»