Sentences with phrase «cryptocurrency are traceable»
Not exact matches
Even though cryptocurrencies are decentralized and permissionless, they have traceable histories.
https://cryptotraderspro.com/
The decision to propose traceable activity within India's domestic exchanges follows a statement from the country's Finance Minister from earlier this month, in which he said that cryptocurrencies aren't legal tender there (to be clear, no currency except the Indian Rupee is a legal tender in the country), and that there will be a crackdown on the use of virtual currencies in financing illegitimate activities.
An answer is that a stablecoin can offer the best of both worlds: the stability of a fiat currency and the efficiency of a blockchain - based cryptocurrency with fast, cheap and traceable transactions.
SEOUL, South Korea — Softening its tough stance on cryptocurrency trading for now, South Korea said Tuesday it would adopt a system requiring that transactions that until now were anonymous be traceable.
It is correct that transactions between different cryptocurrency wallets are transparent and traceable, given its blockchain set - up.
«The embedded cryptography of cold storage cryptocurrencies until now has made each piece unique and therefore traceable, just as the serial numbers on most fiat currencies [are] traceable....
Unlike most existing blockchain cryptocurrencies, where transactions are openly verifiable and traceable by anyone, Monero (XMR) offers completely private, censorship - proof, untraceable, and opaque transactions.