Sentences with phrase «currency accounts for»

They also offer currency accounts for businesses.

Being the first ever digital currency accounts for the huge circulation of Bitcoin as well.

Funds are instantly available in your currency account for use with your Wirex Visa debit card.

As noted, Asian currencies are important in the TWI and the appreciation against these currencies accounts for about two - thirds of the 18 per cent rise in the TWI over the past year.

According to the Fundstrat analyst, digital currencies account for nearly 20 percent of all the mainstream investment platforms that include precious metals, stocks, and equities.

Not exact matches

To find the wealthiest people in the world, Wealth - X looked at its database of dossiers on more than 110,000 ultra-high net - worth people and used a proprietary valuation model that takes into account each person's assets, then adjusts estimated net worth to account for currency - exchange rates, local taxes, savings rates, investment performance, and other factors.

China accounts for over 90 % of reported bitcoin trades and around 70 % of bitcoin «mining» (the production of new bitcoins through the building of blockchain that makes up the currency's infrastructure).

Higher U.S. yields can put pressure on the currencies of emerging market countries that run current account deficits such as Indonesia and India, said Satoshi Okagawa, senior global markets analyst for Sumitomo Mitsui Banking Corporation in Singapore.

Setting a $ 600 exemption would not affect people buying or selling digital currency for investment purposes, which accounts for the overwhelming majority of bitcoin traffic, Skarlatos said.

Revenues from Fixed Income, Currencies, and Commodities (FICC)-- which account for 23 % of overall CIB revenues, or $ 39.1 billion — are expected to fall 4.2 %, or $ 1.8 billion.

Radtke's death comes amid a run of bad news for the Bitcoin virtual currency, largest of all the collapse of Japan's Mt Gox exchange and disappearance of $ 400 million from its account.

As Fortune has previously reported, one virtual currency lawyer believes the IRS's request for all of the Coinbase accounts may just amount to a tactic.

A Los Angeles attorney is asking a federal judge to halt an IRS probe into more than a million customer accounts at Coinbase, a popular site for buying and holding the crypto - currency bitcoin.

The usual proxies for global growth — oil and other commodities, emerging market currencies, energy and mining stocks — are almost all sharply lower as investors bail out of any kind of trade predicated on growth in China and the rest of the emerging world, which accounts for 85 % of the world's population.

The Indian prime minister made a surprise announcement on Nov. 8 that the aforementioned notes, which account for more than 80 % of currency in circulation in India, would be rendered useless, in order to curb India's black market.

An account will give you a reasonably secure place to store your purchase and tools for converting your local currency in and out of Bitcoin.

The likely eventual inclusion of the Chinese yuan in the elite rank of «reserve currencies» will not threaten the global leadership position of the US dollar, which currently accounts for over 60 % of global currency reserves.

The Russian economy still depends in large measure on sales of oil and gas, which account for about two - thirds of exports and Indonesia became the latest Asian casualty when its currency caved to fresh 16 - year lows.

New bank accounts receiving thousands of wires from all over the world in minutes for millions of dollars would likely be frozen, but a token sale paid in digital currency is always open for business.

As of last year, the U.S. dollar accounted for 63.5 percent of countries» allocated reserve currencies, compared to the yuan, which had only a 1.12 percent share.

So my point is if the promise that we buy into is that Bitcoin will become a widely accepted currency in and of itself one day, and that it will account for a huge percent of international transactions, thereby realizing its potential value, we need to also accept that the potential has not yet been realized and right now, in the midst of this euphoria, 90 % of buyers are just trying to get rich quick in dollar terms by trading it.

Only a few years ago, China's current account surplus was the largest relative to GDP among significant countries, it was holding its currency down to maintain demand for its exports, and most software used on its personal computers and videos on sale in its major cities were pirated.

It shows the part attributable to the interest differential, with the difference between the two lines accounted for by the currency movement.

The ether - Korean won currency pair also accounted for nearly 30 % of the global ether trading in the last 24 hours, according to data from Coin Marketcap.

In the context of the challenger bank comparison, I suggest that one way to think about TransferWise's Borderless account is that a multi-currency account is a feature of its core international money transfer business, whereas for challenger banks, money transfer and currency exchange is a feature of its bank accounts.

AMD estimates that crypto - currency based revenue accounted for a mid-single digit percentage of total FY2017 revenue.»

In a report from the Government Accountability Office (GAO) published on December 8, 2016, and publicly released on January 9, 2017, the IRS is called out for its lack of guidance in regard to taxpayers investing individual retirement accounts (IRA) in «unconventional assets,» including virtual currency.

Once the largest global market for trading, China now accounts for 1.5 percent of bitcoin transactions, while Japan — where regulators have been more open to digital currencies — accounts for more than 60 percent, according to CryptoCompare.com.

But [the increase in commodity prices] is just the beginning of the story, accounting for about one - half of the appreciation of our currency over the past decade.

In contrast, the banking sector had a net foreign currency liability position before taking into account the use of derivatives for hedging purposes and a net foreign currency asset position of close to zero after accounting for the use of hedging derivatives.

According to Nikkei, the Accounting Standards Board of Japan has begun to develop a framework for the management of virtual currencies, but the organization is expected to take at least six months to create a practicable accountiAccounting Standards Board of Japan has begun to develop a framework for the management of virtual currencies, but the organization is expected to take at least six months to create a practicable accountingaccounting method.

As at the end of March 2013, international investment position (IIP) data indicated that Australian entities overall had a net foreign currency asset position equivalent to 27 per cent of GDP before taking into account the use of derivatives for hedging purposes (ABS 2013a).

Alternative or additionally, U.S. dollars and / or other currency at a brokerage account, deposit account, bank account or other financial storage entity can be exchanged for one or more SETLcoins in virtual wallet on the peer - to - peer network.»

At only two pages, the concise bill is not very substantive, save for a brief classification of «virtual currency» as «any type of digital representation of value that; 1) Is used as a medium of exchange, unit of account or store or value; and 2) Is not recognized as legal tender by the United States government.»

At that time, these instruments accounted for around 40 and 30 per cent of long and short foreign currency derivative contracts, respectively, with foreign exchange forward contracts being the dominant instrument.

The general government sector — which consists of national, state and local governments — had a net foreign currency asset position equivalent to around 3 per cent of GDP as at the end of March 2013, before taking into account the use of derivatives for hedging purposes (Table 2).

For example, if you have $ 10,000 of margin in your account and you open one standard lot of USD / JPY (100,000 units of the base currency) for $ 100,000, your leverage ratio is 10:1 ($ 100,000 / $ 10,00For example, if you have $ 10,000 of margin in your account and you open one standard lot of USD / JPY (100,000 units of the base currency) for $ 100,000, your leverage ratio is 10:1 ($ 100,000 / $ 10,00for $ 100,000, your leverage ratio is 10:1 ($ 100,000 / $ 10,000).

After accounting for the use of hedging derivatives, the FCE survey indicates that the overall net foreign currency asset position of other financial corporations was equivalent to 16 per cent of GDP, with a hedging ratio of around 35 per cent for foreign currency assets and 60 per cent for foreign currency liabilities (Table 1).

The Canadian dollar accounts for only 2.2 per cent of total foreign currency trade flow in a given day, according to the latest major trade volume report put out by the Bank for International Settlements, whereas the U.S. dollar comprises 45.1 per cent and the euro 19.4 per cent.

With xRapid and XRP, financial institutions can eliminate the need for costly intermediaries or pre-funded Nostro accounts in destination currencies.

«This trial introduced XRP to test the feasibility of reducing or retiring the use of current Nostro accounts for local currency payouts.»

The complementary currency itself has declined in importance over the period while levels of overall consumption of goods and services have increased (although it is unclear whether the recent digitisation is to change this) A detailed study18 of the usage and circulation of the Palma found that around half of its usage was accounted for by just 6 economic actors in addition to the Banco Palmas itself: four local stores selling basic consumer items, the neighbourhood petrol station, and a party and décor shop.

Resembling fiat currency bank accounts, Ether wallets are used for holding, storing, and transferring Ether.

Coinbase makes bitcoin integration simple by transferring accepted payments into bank accounts and doing all of the currency conversion for them.

According to a report from Nikkei, the Accounting Standards Board of Japan decided earlier this week to begin developing standards for digital currencies like bitcoin.

These objectives allow the Reserve Bank Board to focus on price (currency) stability while taking account of the implications of monetary policy for activity and, therefore, employment in the short term.

The law aims to streamline and largely eliminate the bureaucracy that would prevent the Blockchain innovation, as well as the establishment of accounting standards kryptowalutowej accordance with their fair instructions accounting for users on crypto currency.

All currencies transferred to us by Members for use with the Exchange are held in an omnibus client account controlled by the Exchange.

this week, scams related to the digital currency industry accounted for a significant amount of loss for Canadians in 2017.

As the Better Business Bureau announced this week, scams related to the digital currency industry accounted for a significant amount of loss for Canadians in 2017.