Sentences with phrase «currencies in the world by»

The GMO Internet Group will contribute to the development of virtual currencies in the world by promoting efforts related to virtual currency throughout the group.

While there is no doubt that bitcoin has had a revolutionary impact on the cryptocurrency space (as of this writing, it has spawned dozens of forks and imitators, and it remains the number one digital currency in the world by market cap and several other metrics), is it really the first cryptocurrency?

Not exact matches

Some investors, such as Murray Stahl of Horizon Kinetics, hypothesize that Bitcoin is worth the value of all the currency in the world — about $ 361,000 per Bitcoin, by Barron's estimates.

Indeed he is, as Flutterwave promises to change the way financial transactions take place in Africa, by offering easy exchange of digital currency, that opens Africa up to the world.

Moro said Hong Kong - based Xapo is currently the leading custodian in the digital currency world, but added that Xapo is limited by the fact it only holds bitcoin and not Ethereum or many other newer crypto currencies.

As is the case with most wars, there's never agreement on who fired the first shot; not that it really matters in a hot war or the currency front, which is rapidly engulfing the world and should soon involve action by Australia.

One is called the Bitcoin Investment Trust, and was developed by Barry Silbert, a well known figure in the digital currency world.

As Deutsche Bank strategist George Saravelos notes, the only countries in the Western world with higher rates are Australia and New Zealand, neither of whose currencies are needed on a day - to - day basis by anyone else.

In the currency markets, the differing messages of the world's major central banks on inflation and monetary policy prodded the dollar higher against the yen ahead of a series of appearances by U.S. Federal Reserve officials this week.

Right now, for the first time in human history, world currencies are free - floating, meaning they're not backed by anything tangible.

LONDON — The staggering ascent in the Swiss franc, one of the most acute moves in decades by a major currency, has hurt financial firms around the world, with at least two brokerages going out of business.

Michael Pettis, a professor of finance and economics at Peking University, is an expert in the Chinese economy, and he has argued for years that China's trade surplus with the United States and the rest of the world is driven by much stronger forces that the value of the Chinese currency or differences in tariff policy.

Several of the largest central banks in the world, including the Bank of England and the People's Bank of China, have said they are looking at using the technology introduced by Bitcoin to track and issue their own digital currencies.

The pessimism in recent days has been fed by several reports that governments around the world were planning to tighten the reins on virtual currency trading.

The digital asset was actually the world's best performing currency in six of seven years between 2010 and 2016 before being overtaken by Ripple in 2017.

Bitcoin, invented by Satoshi Nakamoto as the first blockchain application, became the first major currency in the world not controlled by a government or central bank.

The standing of the Australian dollar as a world currency is recognised by its inclusion in the first wave of currencies (along with the US Dollar, euro, yen, Swiss franc, pound and Canadian dollar) in the Continuous Linked Settlement System for foreign exchange settlement that is due to come into operation in 12 — 18 months» time.

As demonstrated by the crypto world, currency can also be issued privately — in other words, not by a government.

Is there the potential for some currencies to be preferred by people engaged in activities that they want to conceal from the outside world?

But if the independent state of Catalonia will take control of its economy first by adopting blockchain currency, its economic standing in the world, albeit miniscule in terms of dollars and cents, will be cemented.

«BitPay plays an important role in the crypto - currency ecosystem by helping consumers, businesses and other financial institutions seamlessly accept and transfer Bitcoin for goods and services in the real world,» stated Max Chee, Head of Aquiline Technology Growth.

CAPITALIZING ON GLOBAL BONDS & CURRENCY OPPORTUNITIES Templeton Global Bond Fund seeks current income with capital appreciation and growth of income by investing predominantly in bonds of governments and government agencies around the world.

Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward - looking statements, including, without limitation: BlackBerry's ability to enhance its current products and services, or develop new products and services in a timely manner or at competitive prices, including risks related to new product introductions; risks related to BlackBerry's ability to mitigate the impact of the anticipated decline in BlackBerry's infrastructure access fees on its consolidated revenue by developing an integrated services and software offering; intense competition, rapid change and significant strategic alliances within BlackBerry's industry; BlackBerry's reliance on carrier partners and distributors; risks associated with BlackBerry's foreign operations, including risks related to recent political and economic developments in Venezuela and the impact of foreign currency restrictions; risks relating to network disruptions and other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with service interruptions; risks related to BlackBerry's ability to implement and to realize the anticipated benefits of its CORE program; BlackBerry's ability to maintain or increase its cash balance; security risks; BlackBerry's ability to attract and retain key personnel; risks related to intellectual property rights; BlackBerry's ability to expand and manage BlackBerry (R) World (TM); risks related to the collection, storage, transmission, use and disclosure of confidential and personal information;

Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward - looking statements, including, without limitation: BlackBerry's ability to enhance its current products and services, or develop new products and services in a timely manner or at competitive prices, including risks related to new product introductions; risks related to BlackBerry's ability to mitigate the impact of the anticipated decline in BlackBerry's infrastructure access fees on its consolidated revenue by developing an integrated services and software offering; intense competition, rapid change and significant strategic alliances within BlackBerry's industry; BlackBerry's reliance on carrier partners and distributors; risks associated with BlackBerry's foreign operations, including risks related to recent political and economic developments in Venezuela and the impact of foreign currency restrictions; risks relating to network disruptions and other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with service interruptions; risks related to BlackBerry's ability to implement and to realize the anticipated benefits of its CORE program; BlackBerry's ability to maintain or increase its cash balance; security risks; BlackBerry's ability to attract and retain key personnel; risks related to intellectual property rights; BlackBerry's ability to expand and manage BlackBerry ® World ™; risks related to the collection, storage, transmission, use and disclosure of confidential and personal information; BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible assets recorded on BlackBerry's balance sheet; risks as a result of actions of activist shareholders; government regulation of wireless spectrum and radio frequencies; risks related to economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry.

Excluding the impact of currency, the increase in Adjusted EBITDA reflected incremental gains from cost savings initiatives (2) that were partly offset by a combination of factors that included higher input costs, lower net sales as well as business investments in Rest of World markets.

It seems more likely Beijing would consider taking over foreign businesses, especially given its largest US$ 1.9 trillion foreign exchange reserve in the world, and the appreciation of its currency by 9 % y - o - y against the US dollar, or 40 % y - o - y against the Canadian dollar, or over 20 % against both currencies since July 21, 2005 when the Chinese central bank allowed its RMB to float.

It is currently ranked the 13th in the world for Bitcoin trading volume by currency, with the AUD seeing around BTC 276 trading via the AUD in a 24 - hour period.

In today's e-commerce world, more and more Internet retailers are installing bitcoin capabilities to tap into that growing virtual currency market as well as to gain more publicity by doing so.

With bitcoin becoming more and more popular, and expected to reach new heights by the end of 2016, one question in the mind of investors from all around the world is whether investing in the digital currency is worth it.

The world's biggest digital currency by market value dropped as much as 9.1 percent to $ 8,238, the lowest price since Feb. 12, as Alphabet Inc.'s Google announced Wednesday that the restriction would be effective in June.

But since the last Bitcoin block is projected to be mined around the year 2140, adopting Bitcoin as a major (or world) currency anytime in the next few decades would just exacerbate anthropogenic climate change by needlessly increasing electricity consumption until it's too late.

There is growing sentiment that our fiat currency system should be replaced with a hard anchor, such as the gold or silver standards in place in much of the world over the two centuries preceding gold's abandonment by the United States in 1971.

Created in 2009 by a mysterious mastermind of Satoshi Nakamoto bitcoin currency, Bitcoin gradually gained its popularity all over the world.

By allowing payments using virtual currency, users are able to transfer virtual currency anywhere in the world without having to create / maintain bank or credit card accounts.

So, it's probably a logical extension — it would be a dramatic growth in marketplaces where currencies can be exchanged versus one another similar, to the foreign currency market that exists globally, which is, by the way, the largest market in the entire world — foreign currency transactions, trading currencies against one another, or exchanging them one another for different economic entities around the world — to be able to facilitate the transactions that they are trying to do in their local jurisdictions.

Six of the world's premier lenders — Barclays, Credit Suisse, Canadian Imperial Bank of Commerce, HSBC, MUFG (Mitsubishi UFJ Financial Group) and State Street — have recently joined a project led by Swiss banking giant UBS — in addition to existing members Deutsche Bank, Banco Santander, Bank of New York Mellon and NEX — with the goal of creating the utility settlement coin, a digital currency that will primarily be used to quickly clear and settle financial transactions using blockchain.

Russia, China, and other Asian countries have figured out that the dollar reserve system is the mechanism of their economic enslavement and have started to prepare their liberation by accumulating gold in a big way before gold is formally reinstated as the world reserve currency or as a big part of that new reserve currency.

By allowing crypto currency accounts to existing traders, the project will attract more traders to the crypto currency world, and eventually help in increasing the client base of the brokers.

In today's digital currency world, miners are using more energy to mine than is used by the entire nation of Ireland.

Initial coin offerings took the world of digital currencies and crowdfunding by storm in 2017, having managed to raise funds worth more than $ 5 billion during this timeframe.

The strong rise in the currency in the first six months of the year had been driven by investors chasing yields in the more stable economies, in what was a deteriorating climate for the world economy and share markets.

In a Bitcoin world, users are both the customer and the product, because individuals participate in the Bitcoin network by both exchanging the currency and validating the transactionIn a Bitcoin world, users are both the customer and the product, because individuals participate in the Bitcoin network by both exchanging the currency and validating the transactionin the Bitcoin network by both exchanging the currency and validating the transactions.

We believe that decentralised digital currencies like Bitcoin will fundamentally change how the world views and uses money: cheaper, faster and safer transactions; more privacy and financial freedom; a significantly better user experience; and ultimately, more equality by giving everyone in the world access to the same financial system.

He also rejected to bet against the virtual currency market by saying that «Why in the world should I take a long or short position of something I don't know anything about?»

This can be confirmed by Google Trends which shows that interest in the world's largest digital currency is now as low as it was in early November, which at the time was an all - time high.

The currency has been hit by a lack of investor confidence in Latin America's No. 3 economy, which has been blighted by one of the world's highest inflation rates.

The recent buying of the currency seems to have been underpinned by the strengthening in commodity prices, reflecting the sharp improvement in the market's view about world economic prospects.

Investors around the world were taken by surprise on Tuesday after the People's Bank of China (PBoC) devalued the yuan by almost 2 percent against the U.S. dollar, causing the currency to suffer its biggest fall in over two decades.

«While we acknowledge that no currency in the world is immune from counterfeiting, we make bold to state that the rate of counterfeiting in Nigeria has been very minimal due to appropriate policies put in place by the bank.

To secure a full five - year term as president, Lungu is going to have to convince the electorate that he is better placed that the man he defeated in 2015, Hakainde Hichilema, to fix the country's huge challenges that include a chronic electricity problem and a struggling economy not helped by one of the worst performing currencies in the world.