Sentences with phrase «currencies issued by»

The International Monetary Fund's Staff Discussion June Note lists the main challenges and benefits of digital currencies issued by central banks.

While the 2014 position paper on virtual currencies issued by the South African Reserve Bank seemed promising for the industry, the South African government began in July of 2017 to work with Bankymoon, a blockchain - based solutions provider, on creating a «balanced» approach to bitcoin regulation.

If the present growth momentum of Bitcoin maintains its stride in days to come in terms of infrastructure, user base, trading volume, transaction volume and adoption by big financial bodies, then nothing can stop Bitcoin from posing as a big threat to the government backed fiat - currencies issued by central banks.

Wild swings in the price of bitcoin, the best known of a myriad of digital currencies issued by private companies, cyber heists involving such assets, and fears they may be used for crime have raised calls for concerted actions by global regulators.

US imposes sanctions targeting digital currencies issued by the Venezuelan government and designates more Venezuelan officials

To preserve capital and to provide income and long - term growth primarily through investment in debt securities denominated in foreign currencies issued by Canadian or non-Canadian governments, corporations and financial institutions.

MasterCard is open to the idea of using future national digital currencies issued by Central banks, according to co-Chairman of Mastercard Asia / Pacific.

To be able to buy and sell a cryptocurrency, you need to purchase it with another form of currency such as digital currency (Skrill, Neteller, etc) or fiat currency (US Dollars, Euros or other currencies issued by central monetary authorities).

Benoit Coeure, chair of the BIS» committee on payments and market infrastructures, said that that virtual currencies issued by central banks showed promise in wholesale payments.

Are gold and silver purchases more sensible than investing in overpriced paper debts that guarantee a negative yield in a devaluing currency issued by a dodgy government or central bank?

The DXCD would be a blockchain - based analog of the Eastern Caribbean dollar, a currency issued by the Eastern Caribbean Central Bank (ECCB) on behalf of the eight island economies.

«With a currency issued by the Federal Reserve, I know who stands behind it,» he said.

«A digital currency issued by a central bank would be a global target for cyber attacks, cyber counterfeiting, and cyber theft.

The announcement comes within weeks after Minister of State for Finance Arjun Ram Meghwal stated the use of virtual currencies is not authorized as a means of exchange by the RBI, and after Deputy Governor Shri R. Ghandi suggested that confidence will only be placed in a virtual currency issued by an authority.

Virtual currencies, such as Bitcoin, Ripple, etc. are not considered to be a currency issued by a government of a country, such as U.S. dollars, and as a result, the CRA treats them as a commodity for tax purposes.

What we are really seeing is our currency being devalued by the addition of new currency issued by the central bank.

The core idea is to provide a base of financing by taking advantage of «Special Drawing Rights,» a obscure currency issued by the IMF and given to countries to provide them additional foreign exchange — but which is rarely used by developed countries.

The «Petro» will be the first virtual currency issued by any country in the American continent.

President Donald Trump's administration issued an executive order on Monday that essentially bans «any transactions within the United States involving any digital currency issued by, for, or on behalf of the Government of Venezuela,» effectively making it illegal to purchase or use the oil - backed Petro cryptocurrency...

«With a currency issued by the Federal Reserve, I know who stands behind it.

Fiat is currency issued by a central authority that artificially and unilaterally increases its volume at will.

However, with credit rating agencies recently downgrading China's sovereign rating, it is unlikely that a digital currency issued by the PBOC will displace Bitcoin or Ethereum.

Also read: Virtual Currency Issued By

Not exact matches

And while most emerging market debt continues to be issued in local currencies, the IIF said that foreign currency denominated debt issued in these nations swelled by $ 800 billion last year to a record high of $ 8.3 trillion.

To resolve that issue, the court had to determine whether (1) virtual currency may be regulated by the CFTC as a commodity and (2) the CEA permits the CFTC to exercise jurisdiction over fraud in connection with commodities that do not directly involve futures or derivative contracts.

Indeed, this issue of crypto - currency prices is likely what underlies the decision by Coinbase and some other exchanges not to support the Bitcoin Cash fork.

While Bitcoin is often criticized because it's not backed by a physical commodity, that's not an issue for Michael Lee, an economist in the New York Fed's Research and Statistics Group, who says that neither is the dollar and most modern currencies.

In Sweden, where use of cash is vanishing, the central bank is investigating issuing its own digital currency, the E-krona, out of concern that widespread use of other virtual currencies controlled by private actors could harm competitiveness.

But in an interesting twist, a developer who was hired by Reddit to work on the idea of a «crypto - currency» — a form of Bitcoin that users could receive in exchange for contributing content, or as a way of distributing some of the shares that were issued in the site's fundraising round — said in a post on Medium that he was working on a plan to de-centralize Reddit in just this way before he was let go.

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

Whereas traditional investment methods require a firm to list in one country and utilize (at least initially) one exchange, creating and selling its own cryptocurrency allows a firm access to finance from anyone, anywhere, outside the normal constraints imposed by state - issued currencies.

Investors exchange digital currency, such as bitcoin, for a token issued by the firm.

Virtual currency that can be monetized, resold, or converted to physical or digital products and services or otherwise exit the virtual world (e.g., Bitcoin); sale of stored value or credits maintained, accepted and issued by anyone other than the seller

The Securities and Exchange Commission late last month issued its first warning for the many entrepreneurs who have been raising money by creating and selling their own virtual currencies in what are called initial coin offerings.

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 currency has been facing regulation issues worldwide, having already been banned by some countries.

Bitcoin has, however, served to stimulate interest in the potential offered by distributed ledgers, extending to the possibility of central - bank - issued digital currencies.

The Eastern Caribbean dollar, which the bank issues, is pegged to the US dollar and is backed by substantial foreign currency reserves.

The digital currency would be centralized and issued at will by a government body, at whatever times and in whatever quantities it saw fit.

The deal will also establish a side agreement between the United States and South Korea that is intended to deter «competitive devaluation» of both countries» currencies — which can artificially lower the cost of imports bought by consumers — and to create more transparency on issues of monetary policy.

Indeed, in 2013, in response to continued suggestions by the media and governments that Bitcoin was playing a primary role in funding terrorism, the UK parliament issued a report indicating that ISIS was not receiving any significant funding through virtual currency:

On March 19, 2018, the US Department of the Treasury issued guidance regarding virtual currency sanctions levied by its Office of Foreign Assets Control (OFAC), explaining that OFAC may add specific digital currency addresses to the Specially Designated Nationals (SDN) List.

Digital currencies such as bitcoin are issued and usually controlled by its developers, and are used by members of virtual communities.

Traditionally, currency has been issued by a government.

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

While the benefits of distributed ledgers have been much discussed, Bain concluded that actual tools using blockchain for international payments and trade finance remain in their early stages as banks remain challenged by scaling the technology, along with uncertainties surrounding digital currencies and privacy issues.

Fiat money is government - issued currency that is declared legal tender but is not backed by a physical commodity.

Although striving to repair and fill different gaps and issues in present day society (and the economy), Ethereum and Bitcoin oftentimes can't help but be mentioned in the same sentence by cryptocurrency enthusiasts and investors due to their decentralized nature and respective currencies (ether and Bitcoin).

The problem is for this or other currencies to become international reserves held by foreign central banks, the issuing nation has to run a balance of payments deficit to pump this currency into the global economy.

These currencies are backed by fiscal stability of the issuing government.