Virtual
currency business owner Theo Chino commenced an action against the State, arguing that the DFS does not have the authority to enforce the BitLicense.
Not exact matches
That is a huge increase from the four
currencies Stripe has previously supported, and it's designed to give
business owners a step up when it comes to competing for international customers.
Here is what small -
business owners can do to protect against
currency f...
The company is also teaming up with the fintech startups Stellar.org and KlickEx Group to use blockchain technology to process financial transactions across borders and
currencies — a process which is often prohibitively slow and costly for small
business owners, especially when they are in developing regions with smaller banking infrastructures.
Though it may not be much more than the euro or other foreign
currencies, says Sah, small
business owners who are considering adding bitcoin to their payment choices need to be aware of this and adapt to it accordingly.
Not only does BitPay's service make
business sense, but we are excited about giving
owners of bitcoin the opportunity to inexpensively and reliably convert any excess holdings into precious metals rather than back to fiat
currency,» said Michael Finger, Director of Marketing at Euro Pacific Precious Metals.
Likewise, if you as a
business owner or individual would like some help getting started with virtual
currency, why not contact us today.
Virtual
currency presents terrific potential for small
business owners.
By creating a complementary
currency to power commerce through the sharing of excess goods and services, Bagga and his team have given
business owners a chance to create cash - free lines of capital for little more than their incremental cost of goods sold.
For the
business owner who takes a substantial level of risk in his or her daily cash flow system (butcher, baker, candlestick maker or trained forex
currency trader) the PP is a place to stash wealth for use at a time when he is no longer able to work.
«At the moment, there is no specific regulatory protection that exists to compensate the
owner or user of virtual
currency, including Bitcoin for any loss that may be suffered, should the
business fail or ceases to exist.
While some store
owners may be on the forefront of cryptocurrency and be willing to accept it directly as payment, unfortunately, many
businesses have strict tax laws or oversights that force them to deal exclusively in fiat
currency.
Reported by CoinTelegraph: - «According to sources, a number of Bitcoin
businesses owners, including Barry Silbert (Digital
Currency Group), Roger Ver (Bitcoin.com) and major mining players Jihan Wu (Bitmain) and Valery...
Reported by CoinTelegraph: - «According to sources, a number of Bitcoin
businesses owners, including Barry Silbert (Digital
Currency Group), Roger Ver (Bitcoin.com) and major mining players Jihan Wu (Bitmain) and...